Clearbridge Value Trust Fund Market Value
| LMVTX Fund | USD 96.54 0.12 0.12% |
| Symbol | Clearbridge |
Clearbridge Value '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 Value'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 Value.
| 02/12/2024 |
| 05/12/2024 |
If you would invest 0.00 in Clearbridge Value on February 12, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge Value Trust or generate 0.0% return on investment in Clearbridge Value over 90 days. Clearbridge Value is related to or competes with International Growth, Growth Fund, Equity Income, Ultra Fund, and Strategic Allocation. The fund invests primarily in equity securities that, in the portfolio managers opinion, offer the potential for capital... More
Clearbridge Value 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 Value'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 Value Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8942 | |||
| Information Ratio | 0.0824 | |||
| Maximum Drawdown | 4.14 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.27 |
Clearbridge Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Value's standard deviation. In reality, there are many statistical measures that can use Clearbridge Value historical prices to predict the future Clearbridge Value's volatility.| Risk Adjusted Performance | 0.1179 | |||
| Jensen Alpha | 0.0575 | |||
| Total Risk Alpha | 0.0444 | |||
| Sortino Ratio | 0.073 | |||
| Treynor Ratio | 0.1253 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge Value's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Clearbridge Value Trust Backtested Returns
We consider Clearbridge Value very steady. Clearbridge Value Trust secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Clearbridge Value Trust, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge Value's risk adjusted performance of 0.1179, and Mean Deviation of 0.6064 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 1.11, which signifies a somewhat significant risk relative to the market. Clearbridge Value returns are very sensitive to returns on the market. As the market goes up or down, Clearbridge Value is expected to follow.
Auto-correlation | -0.09 |
Very weak reverse predictability
Clearbridge Value Trust has very weak reverse predictability. Overlapping area represents the amount of predictability between Clearbridge Value time series from 12th of February 2024 to 28th of March 2024 and 28th of March 2024 to 12th of May 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 Value Trust price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Clearbridge Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 3.01 |
Clearbridge Value Trust lagged returns against current returns
Autocorrelation, which is Clearbridge Value 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 Value's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Value returns to help us make a trade decision. For example, suppose you find that Clearbridge Value 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 Value 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 Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Value 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 Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Value Lagged Returns
When evaluating Clearbridge Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Value mutual fund have on its future price. Clearbridge Value 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 Value autocorrelation shows the relationship between Clearbridge Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Value Trust.
Regressed Prices |
| Timeline |
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Clearbridge Value technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.