Stadion Tactical Defensive Fund Market Value
| ETFWX Fund | USD 17.68 0.18 1.01% |
| Symbol | Stadion |
Stadion Tactical '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 Stadion Tactical'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 Stadion Tactical.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Stadion Tactical on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding Stadion Tactical Defensive or generate 0.0% return on investment in Stadion Tactical over 30 days. Stadion Tactical is related to or competes with Lord Abbett, Adams Diversified, Small Cap, Pgim Jennison, Jhancock Diversified, Huber Capital, and Wasatch Small. The fund invests primarily in and allocates its investments primarily between fund investments that the Sub-Adviser beli... More
Stadion Tactical 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 Stadion Tactical'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 Stadion Tactical Defensive upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6904 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.06 |
Stadion Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stadion Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stadion Tactical's standard deviation. In reality, there are many statistical measures that can use Stadion Tactical historical prices to predict the future Stadion Tactical's volatility.| Risk Adjusted Performance | 0.0527 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0493 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stadion Tactical'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.
Stadion Tactical Def Backtested Returns
We consider Stadion Tactical very steady. Stadion Tactical Def owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Stadion Tactical Defensive, which you can use to evaluate the volatility of the fund. Please validate Stadion Tactical's Semi Deviation of 0.5983, coefficient of variation of 1202.52, and Risk Adjusted Performance of 0.0527 to confirm if the risk estimate we provide is consistent with the expected return of 0.0767%. The entity has a beta of 0.92, which indicates possible diversification benefits within a given portfolio. Stadion Tactical returns are very sensitive to returns on the market. As the market goes up or down, Stadion Tactical is expected to follow.
Auto-correlation | -0.63 |
Very good reverse predictability
Stadion Tactical Defensive has very good reverse predictability. Overlapping area represents the amount of predictability between Stadion Tactical time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th 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 Stadion Tactical Def price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Stadion Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Stadion Tactical Def lagged returns against current returns
Autocorrelation, which is Stadion Tactical 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 Stadion Tactical's mutual fund expected returns. We can calculate the autocorrelation of Stadion Tactical returns to help us make a trade decision. For example, suppose you find that Stadion Tactical 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 |
Stadion Tactical 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 Stadion Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stadion Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stadion Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Stadion Tactical Lagged Returns
When evaluating Stadion Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stadion Tactical mutual fund have on its future price. Stadion Tactical 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, Stadion Tactical autocorrelation shows the relationship between Stadion Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Stadion Tactical Defensive.
Regressed Prices |
| Timeline |
Pair Trading with Stadion Tactical
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 Stadion Tactical 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 Stadion Tactical will appreciate offsetting losses from the drop in the long position's value.Moving together with Stadion Mutual Fund
| 0.66 | STTCX | Stadion Trilogy Alte | PairCorr |
| 0.73 | STTIX | Stadion Trilogy Alte | PairCorr |
| 0.71 | STTGX | Stadion Trilogy Alte | PairCorr |
| 1.0 | ETFZX | Stadion Tactical Def | PairCorr |
The ability to find closely correlated positions to Stadion Tactical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stadion Tactical 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 Stadion Tactical - 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 Stadion Tactical Defensive to buy it.
The correlation of Stadion Tactical 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 Stadion Tactical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stadion Tactical Def 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 Stadion Tactical 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.Check out Stadion Tactical Correlation, Stadion Tactical Volatility and Stadion Tactical Alpha and Beta module to complement your research on Stadion Tactical. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Stadion Tactical 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.