Clearbridge Energy Mlp Fund Market Value
| XEMOX Fund | USD 53.68 0.03 0.06% |
| Symbol | Clearbridge |
Please note, there is a significant difference between Clearbridge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearbridge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearbridge Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Clearbridge Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Clearbridge Energy's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Clearbridge Energy.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Clearbridge Energy on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Clearbridge Energy Mlp or generate 0.0% return on investment in Clearbridge Energy over 720 days. Clearbridge Energy is related to or competes with Lord Abbett, Msift High, Fidelity Capital, Jpmorgan High, Virtus High, Pace High, and Pioneer High. More
Clearbridge Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Clearbridge Energy's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Clearbridge Energy Mlp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8668 | |||
| Information Ratio | 0.0893 | |||
| Maximum Drawdown | 4.31 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.54 |
Clearbridge Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Energy's standard deviation. In reality, there are many statistical measures that can use Clearbridge Energy historical prices to predict the future Clearbridge Energy's volatility.| Risk Adjusted Performance | 0.1569 | |||
| Jensen Alpha | 0.1354 | |||
| Total Risk Alpha | 0.0599 | |||
| Sortino Ratio | 0.0993 | |||
| Treynor Ratio | 0.3683 |
Clearbridge Energy Mlp Backtested Returns
Clearbridge Energy appears to be very steady, given 3 months investment horizon. Clearbridge Energy Mlp secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clearbridge Energy Mlp, which you can use to evaluate the volatility of the entity. Please makes use of Clearbridge Energy's mean deviation of 0.705, and Risk Adjusted Performance of 0.1569 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clearbridge Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clearbridge Energy is expected to be smaller as well.
Auto-correlation | 0.53 |
Modest predictability
Clearbridge Energy Mlp has modest predictability. Overlapping area represents the amount of predictability between Clearbridge Energy time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Clearbridge Energy Mlp price movement. The serial correlation of 0.53 indicates that about 53.0% of current Clearbridge Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 16.09 |
Clearbridge Energy Mlp lagged returns against current returns
Autocorrelation, which is Clearbridge Energy mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Clearbridge Energy's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Energy returns to help us make a trade decision. For example, suppose you find that Clearbridge Energy has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Clearbridge Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Clearbridge Energy mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Energy mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clearbridge Energy mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Energy Lagged Returns
When evaluating Clearbridge Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Energy mutual fund have on its future price. Clearbridge Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Clearbridge Energy autocorrelation shows the relationship between Clearbridge Energy mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Energy Mlp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Clearbridge Mutual Fund
Clearbridge Energy financial ratios help investors to determine whether Clearbridge Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Clearbridge with respect to the benefits of owning Clearbridge Energy security.
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