Tsw Equity Portfolio Fund Market Value
| TSWEX Fund | USD 13.04 0.01 0.08% |
| Symbol | Tsw |
Tsw Equity '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 Tsw Equity'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 Tsw Equity.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Tsw Equity on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Tsw Equity Portfolio or generate 0.0% return on investment in Tsw Equity over 720 days. Tsw Equity is related to or competes with Edgewood Growth, Hartford Schroders, HUMANA, Morningstar Unconstrained, High Yield, Thrivent High, and Via Renewables. The fund invests, under normal circumstances, at least 80 percent of its net assets in equity securities of companies wi... More
Tsw Equity 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 Tsw Equity'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 Tsw Equity Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6862 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.14 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 0.8765 |
Tsw Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tsw Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tsw Equity's standard deviation. In reality, there are many statistical measures that can use Tsw Equity historical prices to predict the future Tsw Equity's volatility.| Risk Adjusted Performance | 0.0705 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0762 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tsw Equity'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.
Tsw Equity Portfolio Backtested Returns
We consider Tsw Equity very steady. Tsw Equity Portfolio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0843, which indicates the fund had a 0.0843% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tsw Equity Portfolio, which you can use to evaluate the volatility of the fund. Please validate Tsw Equity's Coefficient Of Variation of 874.45, semi deviation of 0.6041, and Risk Adjusted Performance of 0.0705 to confirm if the risk estimate we provide is consistent with the expected return of 0.0494%. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tsw Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tsw Equity is expected to be smaller as well.
Auto-correlation | 0.13 |
Insignificant predictability
Tsw Equity Portfolio has insignificant predictability. Overlapping area represents the amount of predictability between Tsw Equity time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 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 Tsw Equity Portfolio price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Tsw Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Tsw Equity Portfolio lagged returns against current returns
Autocorrelation, which is Tsw Equity 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 Tsw Equity's mutual fund expected returns. We can calculate the autocorrelation of Tsw Equity returns to help us make a trade decision. For example, suppose you find that Tsw Equity 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 |
Tsw Equity 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 Tsw Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tsw Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tsw Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tsw Equity Lagged Returns
When evaluating Tsw Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tsw Equity mutual fund have on its future price. Tsw Equity 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, Tsw Equity autocorrelation shows the relationship between Tsw Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tsw Equity Portfolio.
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 Tsw Equity 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, Tsw Equity's short interest history, or implied volatility extrapolated from Tsw Equity options trading.
Currently Active Assets on Macroaxis
Check out Tsw Equity Correlation, Tsw Equity Volatility and Tsw Equity Alpha and Beta module to complement your research on Tsw Equity. Note that the Tsw Equity Portfolio information on this page should be used as a complementary analysis to other Tsw Equity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Tsw Equity 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.