Strategic Asset Management Fund Market Value

PFIPX Fund  USD 11.78  0.05  0.43%   
Strategic Asset's market value is the price at which a share of Strategic Asset trades on a public exchange. It measures the collective expectations of Strategic Asset Management investors about its performance. Strategic Asset is trading at 11.78 as of the 29th of March 2024; that is 0.43 percent increase since the beginning of the trading day. The fund's open price was 11.73.
With this module, you can estimate the performance of a buy and hold strategy of Strategic Asset Management and determine expected loss or profit from investing in Strategic Asset over a given investment horizon. Check out Strategic Asset Correlation, Strategic Asset Volatility and Strategic Asset Alpha and Beta module to complement your research on Strategic Asset.
Symbol

Please note, there is a significant difference between Strategic Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategic Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategic Asset'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.

Strategic Asset '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 Strategic Asset'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 Strategic Asset.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/29/2024
0.00
If you would invest  0.00  in Strategic Asset on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Strategic Asset Management or generate 0.0% return on investment in Strategic Asset over 720 days. Strategic Asset is related to or competes with Qs Us, Barloworld, Morningstar Unconstrained, Via Renewables, T Rowe, Bondbloxx ETF, and Jpmorgan Equity. The Portfolios operate as funds of funds and invest principally in funds and exchange-traded funds of Principal Funds, I... More

Strategic Asset 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 Strategic Asset'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 Strategic Asset Management upside and downside potential and time the market with a certain degree of confidence.

Strategic Asset Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Strategic Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strategic Asset's standard deviation. In reality, there are many statistical measures that can use Strategic Asset historical prices to predict the future Strategic Asset's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Strategic Asset'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.
Hype
Prediction
LowEstimatedHigh
11.4611.7812.10
Details
Intrinsic
Valuation
LowRealHigh
11.4111.7312.05
Details
Naive
Forecast
LowNextHigh
11.4211.7512.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.5611.6811.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Strategic Asset. Your research has to be compared to or analyzed against Strategic Asset's peers to derive any actionable benefits. When done correctly, Strategic Asset's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Strategic Asset Mana.

Strategic Asset Mana Backtested Returns

We consider Strategic Asset very steady. Strategic Asset Mana owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Strategic Asset Management, which you can use to evaluate the volatility of the fund. Please validate Strategic Asset's Semi Deviation of 0.2411, coefficient of variation of 809.83, and Risk Adjusted Performance of 0.0613 to confirm if the risk estimate we provide is consistent with the expected return of 0.0428%. The entity has a beta of -0.0134, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Strategic Asset are expected to decrease at a much lower rate. During the bear market, Strategic Asset is likely to outperform the market.

Auto-correlation

    
  0.29  

Poor predictability

Strategic Asset Management has poor predictability. Overlapping area represents the amount of predictability between Strategic Asset time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 Strategic Asset Mana price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Strategic Asset price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test-0.4
Residual Average0.0
Price Variance0.11

Strategic Asset Mana lagged returns against current returns

Autocorrelation, which is Strategic Asset 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 Strategic Asset's mutual fund expected returns. We can calculate the autocorrelation of Strategic Asset returns to help us make a trade decision. For example, suppose you find that Strategic Asset 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  

Strategic Asset 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 Strategic Asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strategic Asset mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strategic Asset mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Strategic Asset Lagged Returns

When evaluating Strategic Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strategic Asset mutual fund have on its future price. Strategic Asset 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, Strategic Asset autocorrelation shows the relationship between Strategic Asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Strategic Asset Management.
   Regressed Prices   
       Timeline  

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Strategic Asset Mana using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Strategic Asset Correlation, Strategic Asset Volatility and Strategic Asset Alpha and Beta module to complement your research on Strategic Asset.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Strategic Mutual Fund analysis

When running Strategic Asset's price analysis, check to measure Strategic Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Strategic Asset is operating at the current time. Most of Strategic Asset's value examination focuses on studying past and present price action to predict the probability of Strategic Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strategic Asset's price. Additionally, you may evaluate how the addition of Strategic Asset to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Bonds Directory
Find actively traded corporate debentures issued by US companies
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Strategic Asset 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.
A focus of Strategic Asset technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Strategic Asset trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...