Sa Worldwide Moderate Fund Market Value
| SAWMX Fund | USD 11.37 0.07 0.62% |
| Symbol | SAWMX |
Sa Worldwide '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 Sa Worldwide'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 Sa Worldwide.
| 01/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Sa Worldwide on January 24, 2024 and sell it all today you would earn a total of 0.00 from holding Sa Worldwide Moderate or generate 0.0% return on investment in Sa Worldwide over 90 days. Sa Worldwide is related to or competes with Sa Value, Sa Emerging, Sa International, Sa International, Sa Us, Sa Real, and Sa Us. The fund adviser currently expects to invests approximately 70 percent of its assets in equity investments and approxima... More
Sa Worldwide 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 Sa Worldwide'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 Sa Worldwide Moderate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4844 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 1.76 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.6475 |
Sa Worldwide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sa Worldwide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sa Worldwide's standard deviation. In reality, there are many statistical measures that can use Sa Worldwide historical prices to predict the future Sa Worldwide's volatility.| Risk Adjusted Performance | 0.1055 | |||
| Jensen Alpha | 0.0164 | |||
| Total Risk Alpha | 0.0131 | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1023 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sa Worldwide'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.
Sa Worldwide Moderate Backtested Returns
We consider Sa Worldwide very steady. Sa Worldwide Moderate retains Efficiency (Sharpe Ratio) of 0.16, which indicates the fund had a 0.16% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Sa Worldwide, which you can use to evaluate the volatility of the fund. Please validate Sa Worldwide's Downside Deviation of 0.4844, mean deviation of 0.2998, and Risk Adjusted Performance of 0.1055 to confirm if the risk estimate we provide is consistent with the expected return of 0.0645%. The entity owns a Beta (Systematic Risk) of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sa Worldwide's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sa Worldwide is expected to be smaller as well.
Auto-correlation | -0.42 |
Modest reverse predictability
Sa Worldwide Moderate has modest reverse predictability. Overlapping area represents the amount of predictability between Sa Worldwide time series from 24th of January 2024 to 9th of March 2024 and 9th of March 2024 to 23rd 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 Sa Worldwide Moderate price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Sa Worldwide price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sa Worldwide Moderate lagged returns against current returns
Autocorrelation, which is Sa Worldwide 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 Sa Worldwide's mutual fund expected returns. We can calculate the autocorrelation of Sa Worldwide returns to help us make a trade decision. For example, suppose you find that Sa Worldwide 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 |
Sa Worldwide 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 Sa Worldwide mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sa Worldwide mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sa Worldwide mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sa Worldwide Lagged Returns
When evaluating Sa Worldwide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sa Worldwide mutual fund have on its future price. Sa Worldwide 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, Sa Worldwide autocorrelation shows the relationship between Sa Worldwide mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sa Worldwide Moderate.
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 Sa Worldwide 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, Sa Worldwide's short interest history, or implied volatility extrapolated from Sa Worldwide options trading.
Currently Active Assets on Macroaxis
Check out Sa Worldwide Correlation, Sa Worldwide Volatility and Sa Worldwide Alpha and Beta module to complement your research on Sa Worldwide. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Sa Worldwide 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.