Clearbridge International Value Fund Market Value
| LSIUX Fund | USD 10.61 0.11 1.05% |
| Symbol | Clearbridge |
Clearbridge International '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 International'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 International.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Clearbridge International on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge International Value or generate 0.0% return on investment in Clearbridge International over 30 days. Clearbridge International is related to or competes with Dodge International, SCOR PK, Morningstar Unconstrained, SPACE, and Via Renewables. The fund invests primarily in equity securities of foreign companies More
Clearbridge International 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 International'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 International Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7262 | |||
| Information Ratio | 0.0132 | |||
| Maximum Drawdown | 3.37 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 1.08 |
Clearbridge International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge International's standard deviation. In reality, there are many statistical measures that can use Clearbridge International historical prices to predict the future Clearbridge International's volatility.| Risk Adjusted Performance | 0.0977 | |||
| Jensen Alpha | 0.0231 | |||
| Total Risk Alpha | 0.0026 | |||
| Sortino Ratio | 0.0122 | |||
| Treynor Ratio | 0.113 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge International'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.
Clearbridge International Backtested Returns
We consider Clearbridge International very steady. Clearbridge International secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clearbridge International Value, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge International's mean deviation of 0.5113, and Risk Adjusted Performance of 0.0977 to double-check if the risk estimate we provide is consistent with the expected return of 0.0898%. The fund shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clearbridge International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clearbridge International is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
Clearbridge International Value has very weak reverse predictability. Overlapping area represents the amount of predictability between Clearbridge International time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 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 Clearbridge International price movement. The serial correlation of -0.03 indicates that only 3.0% of current Clearbridge International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Clearbridge International lagged returns against current returns
Autocorrelation, which is Clearbridge International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge International returns to help us make a trade decision. For example, suppose you find that Clearbridge International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge International Lagged Returns
When evaluating Clearbridge International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge International mutual fund have on its future price. Clearbridge International 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 International autocorrelation shows the relationship between Clearbridge International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge International Value.
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 International 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 International's short interest history, or implied volatility extrapolated from Clearbridge International options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Clearbridge International Correlation, Clearbridge International Volatility and Clearbridge International Alpha and Beta module to complement your research on Clearbridge International. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Clearbridge International 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.