Clearbridge Dividend Strategy Fund Market Value

SBPLX Fund  USD 28.88  0.06  0.21%   
Clearbridge Dividend's market value is the price at which a share of Clearbridge Dividend trades on a public exchange. It measures the collective expectations of Clearbridge Dividend Strategy investors about its performance. Clearbridge Dividend is trading at 28.88 as of the 28th of March 2024; that is -0.21 percent decrease since the beginning of the trading day. The fund's open price was 28.94.
With this module, you can estimate the performance of a buy and hold strategy of Clearbridge Dividend Strategy and determine expected loss or profit from investing in Clearbridge Dividend over a given investment horizon. Check out Clearbridge Dividend Correlation, Clearbridge Dividend Volatility and Clearbridge Dividend Alpha and Beta module to complement your research on Clearbridge Dividend.
Symbol

Please note, there is a significant difference between Clearbridge Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearbridge Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearbridge Dividend'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 Dividend '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 Dividend'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 Dividend.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Clearbridge Dividend on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge Dividend Strategy or generate 0.0% return on investment in Clearbridge Dividend over 30 days. Clearbridge Dividend is related to or competes with Vanguard Total, Vanguard Total, Vanguard 500, and Vanguard 500. Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus borrowings for investment p... More

Clearbridge Dividend 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 Dividend'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 Dividend Strategy upside and downside potential and time the market with a certain degree of confidence.

Clearbridge Dividend Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Dividend's standard deviation. In reality, there are many statistical measures that can use Clearbridge Dividend historical prices to predict the future Clearbridge Dividend's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge Dividend'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
28.4128.8829.35
Details
Intrinsic
Valuation
LowRealHigh
26.6627.1331.77
Details
Naive
Forecast
LowNextHigh
28.4328.9029.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.8428.9028.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Clearbridge Dividend. Your research has to be compared to or analyzed against Clearbridge Dividend's peers to derive any actionable benefits. When done correctly, Clearbridge Dividend'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 Clearbridge Dividend.

Clearbridge Dividend Backtested Returns

We consider Clearbridge Dividend very steady. Clearbridge Dividend 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 Dividend Strategy, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge Dividend's mean deviation of 0.3711, and Risk Adjusted Performance of 0.134 to double-check if the risk estimate we provide is consistent with the expected return of 0.0922%. The fund shows a Beta (market volatility) of -0.0993, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Clearbridge Dividend are expected to decrease at a much lower rate. During the bear market, Clearbridge Dividend is likely to outperform the market.

Auto-correlation

    
  0.28  

Poor predictability

Clearbridge Dividend Strategy has poor predictability. Overlapping area represents the amount of predictability between Clearbridge Dividend time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th 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 Clearbridge Dividend price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Clearbridge Dividend price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test0.27
Residual Average0.0
Price Variance0.03

Clearbridge Dividend lagged returns against current returns

Autocorrelation, which is Clearbridge Dividend 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 Dividend's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Dividend returns to help us make a trade decision. For example, suppose you find that Clearbridge Dividend 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 Dividend 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 Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Dividend 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 Dividend mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Clearbridge Dividend Lagged Returns

When evaluating Clearbridge Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Dividend mutual fund have on its future price. Clearbridge Dividend 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 Dividend autocorrelation shows the relationship between Clearbridge Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Dividend Strategy.
   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 Dividend 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 Dividend's short interest history, or implied volatility extrapolated from Clearbridge Dividend options trading.

Currently Active Assets on Macroaxis

Check out Clearbridge Dividend Correlation, Clearbridge Dividend Volatility and Clearbridge Dividend Alpha and Beta module to complement your research on Clearbridge Dividend.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Clearbridge Mutual Fund analysis

When running Clearbridge Dividend's price analysis, check to measure Clearbridge Dividend'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 Clearbridge Dividend is operating at the current time. Most of Clearbridge Dividend's value examination focuses on studying past and present price action to predict the probability of Clearbridge Dividend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearbridge Dividend's price. Additionally, you may evaluate how the addition of Clearbridge Dividend to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Clearbridge Dividend 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 Clearbridge Dividend technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Clearbridge Dividend 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...