Steward Large Cap Fund Market Value
| SEECX Fund | USD 31.62 0.20 0.63% |
| Symbol | Steward |
Steward Large '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 Steward Large'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 Steward Large.
| 01/24/2023 |
| 04/18/2024 |
If you would invest 0.00 in Steward Large on January 24, 2023 and sell it all today you would earn a total of 0.00 from holding Steward Large Cap or generate 0.0% return on investment in Steward Large over 450 days. Steward Large is related to or competes with Vanguard Total, and Vanguard 500. Under normal circumstances, the fund will invest at least 80 percent of its assets in the securities of large-cap compan... More
Steward Large 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 Steward Large'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 Steward Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7322 | |||
| Information Ratio | 0.0297 | |||
| Maximum Drawdown | 3.54 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.08 |
Steward Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steward Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steward Large's standard deviation. In reality, there are many statistical measures that can use Steward Large historical prices to predict the future Steward Large's volatility.| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 0.0217 | |||
| Total Risk Alpha | 0.0143 | |||
| Sortino Ratio | 0.0298 | |||
| Treynor Ratio | 0.0671 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Steward Large'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.
Steward Large Cap Backtested Returns
We consider Steward Large very steady. Steward Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0864, which indicates the fund had a 0.0864% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Steward Large Cap, which you can use to evaluate the volatility of the fund. Please validate Steward Large's Coefficient Of Variation of 950.07, risk adjusted performance of 0.0678, and Semi Deviation of 0.6126 to confirm if the risk estimate we provide is consistent with the expected return of 0.0624%. The entity has a beta of 1.0, which indicates a somewhat significant risk relative to the market. Steward Large returns are very sensitive to returns on the market. As the market goes up or down, Steward Large is expected to follow.
Auto-correlation | 0.93 |
Excellent predictability
Steward Large Cap has excellent predictability. Overlapping area represents the amount of predictability between Steward Large time series from 24th of January 2023 to 6th of September 2023 and 6th of September 2023 to 18th 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 Steward Large Cap price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Steward Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 4.61 |
Steward Large Cap lagged returns against current returns
Autocorrelation, which is Steward Large 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 Steward Large's mutual fund expected returns. We can calculate the autocorrelation of Steward Large returns to help us make a trade decision. For example, suppose you find that Steward Large 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 |
Steward Large 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 Steward Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steward Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Steward Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Steward Large Lagged Returns
When evaluating Steward Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steward Large mutual fund have on its future price. Steward Large 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, Steward Large autocorrelation shows the relationship between Steward Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Steward Large Cap.
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 Steward Large 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, Steward Large's short interest history, or implied volatility extrapolated from Steward Large options trading.
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Check out Steward Large Correlation, Steward Large Volatility and Steward Large Alpha and Beta module to complement your research on Steward Large. Note that the Steward Large Cap information on this page should be used as a complementary analysis to other Steward Large'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Steward Large 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.