Select International Equity Fund Market Value

RTIRX Fund  USD 10.76  0.01  0.09%   
Select International's market value is the price at which a share of Select International trades on a public exchange. It measures the collective expectations of Select International Equity investors about its performance. Select International is trading at 10.76 as of the 28th of March 2024; that is 0.09 percent increase since the beginning of the trading day. The fund's open price was 10.75.
With this module, you can estimate the performance of a buy and hold strategy of Select International Equity and determine expected loss or profit from investing in Select International over a given investment horizon. Check out Select International Correlation, Select International Volatility and Select International Alpha and Beta module to complement your research on Select International.
Symbol

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

Select 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 Select 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 Select International.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/28/2024
0.00
If you would invest  0.00  in Select International on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Select International Equity or generate 0.0% return on investment in Select International over 720 days. Select International is related to or competes with Dodge Cox, Oakmark International, Dodge International, Oakmark International, Oakmark International, and Coca Cola. The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net... More

Select 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 Select 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 Select International Equity upside and downside potential and time the market with a certain degree of confidence.

Select International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Select International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Select International's standard deviation. In reality, there are many statistical measures that can use Select International historical prices to predict the future Select International's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Select 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.
Hype
Prediction
LowEstimatedHigh
10.1510.7611.37
Details
Intrinsic
Valuation
LowRealHigh
10.0510.6611.27
Details
Naive
Forecast
LowNextHigh
10.1010.7111.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.7510.7610.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Select International. Your research has to be compared to or analyzed against Select International's peers to derive any actionable benefits. When done correctly, Select International'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 Select International.

Select International Backtested Returns

We consider Select International very steady. Select International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Select International Equity, which you can use to evaluate the volatility of the fund. Please validate Select International's Semi Deviation of 0.4278, coefficient of variation of 492.69, and Risk Adjusted Performance of 0.1137 to confirm if the risk estimate we provide is consistent with the expected return of 0.0959%. The entity has a beta of 0.0742, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Select International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Select International is expected to be smaller as well.

Auto-correlation

    
  0.60  

Good predictability

Select International Equity has good predictability. Overlapping area represents the amount of predictability between Select International time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 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 Select International price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Select International price fluctuation can be explain by its past prices.
Correlation Coefficient0.6
Spearman Rank Test0.15
Residual Average0.0
Price Variance0.19

Select International lagged returns against current returns

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

Select 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 Select International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Select 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 Select International mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Select International Lagged Returns

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

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Check out Select International Correlation, Select International Volatility and Select International Alpha and Beta module to complement your research on Select International.
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When running Select International's price analysis, check to measure Select International'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 Select International is operating at the current time. Most of Select International's value examination focuses on studying past and present price action to predict the probability of Select International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select International's price. Additionally, you may evaluate how the addition of Select International to your portfolios can decrease your overall portfolio volatility.
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Select 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.
A focus of Select International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Select International 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...