Qs Servative Growth Fund Market Value

SCBCX Fund  USD 14.62  0.05  0.34%   
Qs Conservative's market value is the price at which a share of Qs Conservative trades on a public exchange. It measures the collective expectations of Qs Servative Growth investors about its performance. Qs Conservative is trading at 14.62 as of the 21st of April 2024; that is -0.34 percent decrease since the beginning of the trading day. The fund's open price was 14.67.
With this module, you can estimate the performance of a buy and hold strategy of Qs Servative Growth and determine expected loss or profit from investing in Qs Conservative over a given investment horizon. Check out Qs Conservative Correlation, Qs Conservative Volatility and Qs Conservative Alpha and Beta module to complement your research on Qs Conservative.
Symbol

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

Qs Conservative '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 Qs Conservative'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 Qs Conservative.
0.00
03/22/2024
No Change 0.00  0.0 
In 30 days
04/21/2024
0.00
If you would invest  0.00  in Qs Conservative on March 22, 2024 and sell it all today you would earn a total of 0.00 from holding Qs Servative Growth or generate 0.0% return on investment in Qs Conservative over 30 days. Qs Conservative is related to or competes with American Funds, American Funds, and American Balanced. The fund is a fund of fundsit invests in other mutual funds and may also invest in exchange-traded funds More

Qs Conservative 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 Qs Conservative'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 Qs Servative Growth upside and downside potential and time the market with a certain degree of confidence.

Qs Conservative Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Qs Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qs Conservative's standard deviation. In reality, there are many statistical measures that can use Qs Conservative historical prices to predict the future Qs Conservative's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qs Conservative'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
14.1214.6215.12
Details
Intrinsic
Valuation
LowRealHigh
14.2014.7015.20
Details
Naive
Forecast
LowNextHigh
13.9514.4514.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.4914.9315.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Qs Conservative. Your research has to be compared to or analyzed against Qs Conservative's peers to derive any actionable benefits. When done correctly, Qs Conservative'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 Qs Servative Growth.

Qs Servative Growth Backtested Returns

We consider Qs Conservative very steady. Qs Servative Growth retains Efficiency (Sharpe Ratio) of 0.0327, which implies the entity had a 0.0327% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Qs Conservative, which you can use to evaluate the volatility of the fund. Please check Qs Conservative's market risk adjusted performance of 0.0488, and Standard Deviation of 0.4986 to confirm if the risk estimate we provide is consistent with the expected return of 0.0163%. The fund owns a Beta (Systematic Risk) of 0.69, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Qs Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qs Conservative is expected to be smaller as well.

Auto-correlation

    
  0.71  

Good predictability

Qs Servative Growth has good predictability. Overlapping area represents the amount of predictability between Qs Conservative time series from 22nd of March 2024 to 6th of April 2024 and 6th of April 2024 to 21st 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 Qs Servative Growth price movement. The serial correlation of 0.71 indicates that around 71.0% of current Qs Conservative price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.66
Residual Average0.0
Price Variance0.04

Qs Servative Growth lagged returns against current returns

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

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

Qs Conservative Lagged Returns

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

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Check out Qs Conservative Correlation, Qs Conservative Volatility and Qs Conservative Alpha and Beta module to complement your research on Qs Conservative.
Note that the Qs Servative Growth information on this page should be used as a complementary analysis to other Qs Conservative's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Qs Conservative 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 Qs Conservative technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Qs Conservative 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...