Strategic Allocation Moderate Fund Market Value

ASMRX Fund  USD 6.07  0.01  0.16%   
Strategic Allocation's market value is the price at which a share of Strategic Allocation trades on a public exchange. It measures the collective expectations of Strategic Allocation Moderate investors about its performance. Strategic Allocation is trading at 6.07 as of the 19th of April 2024; that is -0.16 percent decrease since the beginning of the trading day. The fund's open price was 6.08.
With this module, you can estimate the performance of a buy and hold strategy of Strategic Allocation Moderate and determine expected loss or profit from investing in Strategic Allocation over a given investment horizon. Check out Strategic Allocation Correlation, Strategic Allocation Volatility and Strategic Allocation Alpha and Beta module to complement your research on Strategic Allocation.
Symbol

Please note, there is a significant difference between Strategic Allocation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategic Allocation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategic Allocation'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.

Strategic Allocation '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 Strategic Allocation'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 Strategic Allocation.
0.00
03/20/2024
No Change 0.00  0.0 
In 30 days
04/19/2024
0.00
If you would invest  0.00  in Strategic Allocation on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Strategic Allocation Moderate or generate 0.0% return on investment in Strategic Allocation over 30 days. Strategic Allocation is related to or competes with Strategic Allocation, Strategic Allocation, Value Fund, International Growth, and Balanced Fund. The funds asset allocation strategy diversifies investments among equity securities, bonds and money market instruments More

Strategic Allocation 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 Strategic Allocation'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 Strategic Allocation Moderate upside and downside potential and time the market with a certain degree of confidence.

Strategic Allocation Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Strategic Allocation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strategic Allocation's standard deviation. In reality, there are many statistical measures that can use Strategic Allocation historical prices to predict the future Strategic Allocation's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Strategic Allocation'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
5.606.076.54
Details
Intrinsic
Valuation
LowRealHigh
5.626.096.56
Details
Naive
Forecast
LowNextHigh
5.536.006.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.066.076.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Strategic Allocation. Your research has to be compared to or analyzed against Strategic Allocation's peers to derive any actionable benefits. When done correctly, Strategic Allocation'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 Strategic Allocation.

Strategic Allocation Backtested Returns

We consider Strategic Allocation very steady. Strategic Allocation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0417, which indicates the fund had a 0.0417% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Strategic Allocation Moderate, which you can use to evaluate the volatility of the fund. Please validate Strategic Allocation's Risk Adjusted Performance of 0.0348, coefficient of variation of 1627.05, and Semi Deviation of 0.4416 to confirm if the risk estimate we provide is consistent with the expected return of 0.0195%. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Strategic Allocation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Strategic Allocation is expected to be smaller as well.

Auto-correlation

    
  0.49  

Average predictability

Strategic Allocation Moderate has average predictability. Overlapping area represents the amount of predictability between Strategic Allocation time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Strategic Allocation price movement. The serial correlation of 0.49 indicates that about 49.0% of current Strategic Allocation price fluctuation can be explain by its past prices.
Correlation Coefficient0.49
Spearman Rank Test0.39
Residual Average0.0
Price Variance0.01

Strategic Allocation lagged returns against current returns

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

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

Strategic Allocation Lagged Returns

When evaluating Strategic Allocation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strategic Allocation mutual fund have on its future price. Strategic Allocation 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, Strategic Allocation autocorrelation shows the relationship between Strategic Allocation mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Strategic Allocation Moderate.
   Regressed Prices   
       Timeline  

Pair Trading with Strategic Allocation

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Strategic Allocation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Strategic Allocation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Strategic Mutual Fund

  0.92AMDVX Mid Cap ValuePairCorr
  0.97AMEIX Equity GrowthPairCorr
  0.98AMGIX Income GrowthPairCorr
  0.92AMKIX Emerging MarketsPairCorr
The ability to find closely correlated positions to Strategic Allocation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strategic Allocation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Strategic Allocation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Strategic Allocation Moderate to buy it.
The correlation of Strategic Allocation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Strategic Allocation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strategic Allocation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Strategic Allocation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Strategic Allocation Correlation, Strategic Allocation Volatility and Strategic Allocation Alpha and Beta module to complement your research on Strategic Allocation.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Strategic Allocation 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 Strategic Allocation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Strategic Allocation 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...