RidgeWorth Ceredex Backtesting

RidgeWorth Ceredex Large Cap Value Eq C -- USA Fund  

USD 16.48  0.02  0.12%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of RidgeWorth Ceredex Large Cap Value Eq C and determine expected loss or profit from investing in RidgeWorth Ceredex over given investment horizon. Also please take a look at RidgeWorth Ceredex Hype Analysis, RidgeWorth Ceredex Correlation, Portfolio Optimization, RidgeWorth Ceredex Volatility as well as analyze RidgeWorth Ceredex Alpha and Beta and RidgeWorth Ceredex Performance
Investment Horizon     30 Days    Login   to change
SymbolX
Backtest

RidgeWorth Ceredex 'What if' Analysis

October 26, 2017
0.00
No Change 0.00  0.0%
In 30 days
November 25, 2017
0.00
If you would invest  0.00  in RidgeWorth Ceredex on October 26, 2017 and sell it all today you would earn a total of 0.00 from holding RidgeWorth Ceredex Large Cap Value Eq C or generate 0.0% return on investment in RidgeWorth Ceredex over 30 days. RidgeWorth Ceredex is related to or competes with American Funds, American Funds, American Funds, American Funds, American Funds, and American Funds. The investment seeks to provide a high level of capital appreciation current income is a secondary objective

RidgeWorth Ceredex Upside/Downside Indicators

  

RidgeWorth Ceredex Market Premium Indicators

RidgeWorth Ceredex L lagged returns against current returns

 Current and Lagged Values 
      Timeline 

RidgeWorth Ceredex regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

RidgeWorth Ceredex L Backtested Returns

Macroaxis considers RidgeWorth Ceredex to be not too risky. RidgeWorth Ceredex L maintains Sharpe Ratio (i.e. Efficiency) of -0.0464 which implies RidgeWorth Ceredex L had -0.0464% of return per unit of risk over the last 1 month. Macroaxis philosophy towards forecasting 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. RidgeWorth Ceredex L exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check RidgeWorth Ceredex L Coefficient Of Variation of (4,055) and Risk Adjusted Performance of (0.009365) to confirm risk estimate we provide. The fund holds Beta of -0.2653 which implies as returns on market increase, returns on owning RidgeWorth Ceredex are expected to decrease at a much smaller rate. During bear market, RidgeWorth Ceredex is likely to outperform the market.. Even though it is essential to pay attention to RidgeWorth Ceredex L current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting 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. RidgeWorth Ceredex L exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.28 

Poor predictability

RidgeWorth Ceredex Large Cap Value Eq C has poor predictability. Overlapping area represents the amount of predictability between RidgeWorth Ceredex time series from October 26, 2017 to November 10, 2017 and November 10, 2017 to November 25, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RidgeWorth Ceredex L price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current RidgeWorth Ceredex price fluctuation can be explain by its past prices.
Correlation Coefficient 0.28
Spearman Rank Test 0.58
Average Price 16.45
Lagged Average Price 16.57

RidgeWorth Ceredex Lagged Returns

 Regressed Prices 
      Timeline 

RidgeWorth Ceredex Performance vs DOW

The median price of RidgeWorth Ceredex for the period between Thu, Oct 26, 2017 and Sat, Nov 25, 2017 is 16.51 with a coefficient of variation of 0.42. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 16.51, and mean deviation of 0.06. The Fund did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline