Sterling Capital Mid Fund Market Value

STRMX Fund  USD 16.35  0.25  1.55%   
Sterling Capital's market value is the price at which a share of Sterling Capital trades on a public exchange. It measures the collective expectations of Sterling Capital Mid investors about its performance. Sterling Capital is trading at 16.35 as of the 28th of March 2024; that is 1.55 percent increase since the beginning of the trading day. The fund's open price was 16.1.
With this module, you can estimate the performance of a buy and hold strategy of Sterling Capital Mid and determine expected loss or profit from investing in Sterling Capital over a given investment horizon. Check out Sterling Capital Correlation, Sterling Capital Volatility and Sterling Capital Alpha and Beta module to complement your research on Sterling Capital.
Symbol

Please note, there is a significant difference between Sterling Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sterling Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sterling Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Sterling Capital '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 Sterling Capital'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 Sterling Capital.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Sterling Capital on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Sterling Capital Mid or generate 0.0% return on investment in Sterling Capital over 30 days. Sterling Capital is related to or competes with Allianzgi Technology, Goldman Sachs, Vanguard Information, Dreyfus Technology, Global Technology, Icon Information, and Franklin Biotechnology. The fund normally invests at least 80 percent of its net assets plus borrowings for investment purposes in the securitie... More

Sterling Capital 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 Sterling Capital'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 Sterling Capital Mid upside and downside potential and time the market with a certain degree of confidence.

Sterling Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sterling Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sterling Capital's standard deviation. In reality, there are many statistical measures that can use Sterling Capital historical prices to predict the future Sterling Capital's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sterling Capital'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.
Hype
Prediction
LowEstimatedHigh
15.5616.3517.14
Details
Intrinsic
Valuation
LowRealHigh
14.1014.8917.99
Details
Naive
Forecast
LowNextHigh
15.5416.3317.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.9316.1816.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sterling Capital. Your research has to be compared to or analyzed against Sterling Capital's peers to derive any actionable benefits. When done correctly, Sterling Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sterling Capital Mid.

Sterling Capital Mid Backtested Returns

We consider Sterling Capital very steady. Sterling Capital Mid owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sterling Capital Mid, which you can use to evaluate the volatility of the fund. Please validate Sterling Capital's Risk Adjusted Performance of 0.0793, coefficient of variation of 725.49, and Semi Deviation of 0.7169 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sterling Capital are expected to decrease at a much lower rate. During the bear market, Sterling Capital is likely to outperform the market.

Auto-correlation

    
  0.73  

Good predictability

Sterling Capital Mid has good predictability. Overlapping area represents the amount of predictability between Sterling Capital time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Sterling Capital Mid price movement. The serial correlation of 0.73 indicates that around 73.0% of current Sterling Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.73
Spearman Rank Test0.83
Residual Average0.0
Price Variance0.03

Sterling Capital Mid lagged returns against current returns

Autocorrelation, which is Sterling Capital 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 Sterling Capital's mutual fund expected returns. We can calculate the autocorrelation of Sterling Capital returns to help us make a trade decision. For example, suppose you find that Sterling Capital 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  

Sterling Capital 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 Sterling Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sterling Capital mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sterling Capital mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Sterling Capital Lagged Returns

When evaluating Sterling Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sterling Capital mutual fund have on its future price. Sterling Capital 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, Sterling Capital autocorrelation shows the relationship between Sterling Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sterling Capital Mid.
   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 Sterling Capital 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, Sterling Capital's short interest history, or implied volatility extrapolated from Sterling Capital options trading.

Currently Active Assets on Macroaxis

Check out Sterling Capital Correlation, Sterling Capital Volatility and Sterling Capital Alpha and Beta module to complement your research on Sterling Capital.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Sterling Mutual Fund analysis

When running Sterling Capital's price analysis, check to measure Sterling Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sterling Capital is operating at the current time. Most of Sterling Capital's value examination focuses on studying past and present price action to predict the probability of Sterling Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sterling Capital's price. Additionally, you may evaluate how the addition of Sterling Capital to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Bonds Directory
Find actively traded corporate debentures issued by US companies
CEOs Directory
Screen CEOs from public companies around the world
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Sterling Capital 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.
A focus of Sterling Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sterling Capital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...