Clearbridge Large Cap Fund Market Value
| LSITX Fund | USD 66.45 0.33 0.49% |
| Symbol | Clearbridge |
Clearbridge Large '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 Large'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 Large.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Clearbridge Large on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge Large Cap or generate 0.0% return on investment in Clearbridge Large over 30 days. Clearbridge Large is related to or competes with Amana Income, Amana Income, Amana Developing, and Amana Developing. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purpo... More
Clearbridge Large 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 Large'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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.69 |
Clearbridge Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Large's standard deviation. In reality, there are many statistical measures that can use Clearbridge Large historical prices to predict the future Clearbridge Large's volatility.| Risk Adjusted Performance | 0.0557 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0743 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge Large'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 Large Cap Backtested Returns
We consider Clearbridge Large very steady. Clearbridge Large Cap secures Sharpe Ratio (or Efficiency) of 0.055, which signifies that the fund had a 0.055% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clearbridge Large Cap, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge Large's mean deviation of 0.7814, and Risk Adjusted Performance of 0.0557 to double-check if the risk estimate we provide is consistent with the expected return of 0.0599%. The fund shows a Beta (market volatility) of 1.04, which signifies a somewhat significant risk relative to the market. Clearbridge Large returns are very sensitive to returns on the market. As the market goes up or down, Clearbridge Large is expected to follow.
Auto-correlation | 0.48 |
Average predictability
Clearbridge Large Cap has average predictability. Overlapping area represents the amount of predictability between Clearbridge Large time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Large Cap price movement. The serial correlation of 0.48 indicates that about 48.0% of current Clearbridge Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1.73 |
Clearbridge Large Cap lagged returns against current returns
Autocorrelation, which is Clearbridge Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Large returns to help us make a trade decision. For example, suppose you find that Clearbridge Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Large 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 Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Large Lagged Returns
When evaluating Clearbridge Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Large mutual fund have on its future price. Clearbridge Large 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 Large autocorrelation shows the relationship between Clearbridge Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Large Cap.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clearbridge Large in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clearbridge Large's short interest history, or implied volatility extrapolated from Clearbridge Large options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Clearbridge Large Correlation, Clearbridge Large Volatility and Clearbridge Large Alpha and Beta module to complement your research on Clearbridge Large. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Clearbridge Large 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.