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Smead Value Backtesting

SVF
SVFAX -- USA Fund  

USD 44.94  2.52  5.94%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Smead Value Fund Class A Shar and determine expected loss or profit from investing in Smead Value over given investment horizon. Additionally, take a look at Smead Value Hype Analysis, Smead Value Correlation, Portfolio Optimization, Smead Value Volatility as well as analyze Smead Value Alpha and Beta and Smead Value Performance.
Symbol
Backtest

Smead Value 'What if' Analysis

0.00
12/01/2019
No Change 0.00  0.0 
In 2 months and 31 days
02/29/2020
0.00
If you would invest  0.00  in Smead Value on December 1, 2019 and sell it all today you would earn a total of 0.00 from holding Smead Value Fund Class A Shar or generate 0.0% return on investment in Smead Value over 90 days. Smead Value is related to or competes with Hartford Dividend, Hartford Dividend, Columbia Dividend, Invesco Comstock, Lord Abbett, Putnam Equity, and Delaware Value. To achieve its investment objective, the fund will maintain approximately 25-30 companies in its portfolio and will inve...

Smead Value Upside/Downside Indicators

Information Ratio(0.11)
Maximum Drawdown8.05
Value At Risk(3.49)
Potential Upside0.883

Smead Value Market Premium Indicators

Risk Adjusted Performance(0.22)
Jensen Alpha(0.24)
Total Risk Alpha(0.12)
Treynor Ratio(0.78)

Smead Value Fund Backtested Returns

Macroaxis considers Smead Value to be very steady. Smead Value Fund owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1746 which indicates the organization had -0.1746% of return per unit of risk over the last 3 months. Macroaxis philosophy towards measuring risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Smead Value Fund Class A Shar exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Smead Value Risk Adjusted Performance of (0.22) and Coefficient Of Variation of (507.39) to confirm risk estimate we provide. The entity has beta of 0.3768, which indicates as returns on market increase, Smead Value returns are expected to increase less than the market. However during bear market, the loss on holding Smead Value will be expected to be smaller as well. Even though it is essential to pay attention to Smead Value Fund current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Smead Value Fund Class A Shar exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.07 
correlation synergy

Virtually no predictability

Smead Value Fund Class A Shar has virtually no predictability. Overlapping area represents the amount of predictability between Smead Value time series from December 1, 2019 to January 15, 2020 and January 15, 2020 to February 29, 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Smead Value Fund price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Smead Value price fluctuation can be explain by its past prices.
Correlation Coefficient0.07
Spearman Rank Test0.18
Residual Average0.0
Price Variance4.57

Smead Value Fund lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

Smead Value regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

Smead Value Lagged Returns

 Regressed Prices 
    
  Timeline 

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Additionally, take a look at Smead Value Hype Analysis, Smead Value Correlation, Portfolio Optimization, Smead Value Volatility as well as analyze Smead Value Alpha and Beta and Smead Value Performance. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.