Sterling Capital Behavioral Fund Market Value
| SBIAX Fund | USD 10.31 0.09 0.88% |
| Symbol | Sterling |
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.
| 03/16/2024 |
| 06/14/2024 |
If you would invest 0.00 in Sterling Capital on March 16, 2024 and sell it all today you would earn a total of 0.00 from holding Sterling Capital Behavioral or generate 0.0% return on investment in Sterling Capital over 90 days. Sterling Capital is related to or competes with Qs Defensive, T Rowe, Auer Growth, Growth Income, Tfa Alphagen, Alps/kotak India, and Franklin Growth. The fund will invest, under normal circumstances, at least 80 percent of its net assets plus borrowings for investment p... 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 Behavioral upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8215 | |||
| Information Ratio | 0.0808 | |||
| Maximum Drawdown | 2.96 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 0.9027 |
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.| Risk Adjusted Performance | 0.0491 | |||
| Jensen Alpha | 0.0526 | |||
| Total Risk Alpha | 0.0569 | |||
| Sortino Ratio | 0.0676 | |||
| Treynor Ratio | 0.057 |
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.
Sterling Capital Beh Backtested Returns
We consider Sterling Capital very steady. Sterling Capital Beh owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0774, which indicates the fund had a 0.0774% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sterling Capital Behavioral, which you can use to evaluate the volatility of the fund. Please validate Sterling Capital's Semi Deviation of 0.6633, coefficient of variation of 1292.54, and Risk Adjusted Performance of 0.0491 to confirm if the risk estimate we provide is consistent with the expected return of 0.0532%. The entity has a beta of 0.76, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sterling Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sterling Capital is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Sterling Capital Behavioral has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sterling Capital time series from 16th of March 2024 to 30th of April 2024 and 30th of April 2024 to 14th of June 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 Beh price movement. The serial correlation of -0.18 indicates that over 18.0% of current Sterling Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Sterling Capital Beh 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 Behavioral.
Regressed Prices |
| Timeline |
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Other Information on Investing in Sterling Mutual Fund
Sterling Capital financial ratios help investors to determine whether Sterling Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sterling with respect to the benefits of owning Sterling Capital security.
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