# Symmetry Mutual Fund Market Value

SPILX | - USA Fund | ## USD 12.82 0.03 0.23% |

Symbol | Symmetry |

## Symmetry Panoramic '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 Symmetry Panoramic'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 Symmetry Panoramic.

0.00 | 04/26/2021 |
| 07/25/2021 | 0.00 |

If you would invest

**0.00**in Symmetry Panoramic on**April 26, 2021**and sell it all today you would**earn a total of 0.00**from holding Symmetry Panoramic International or generate**0.0%**return on investment in Symmetry Panoramic over**90**days. Symmetry Panoramic is related to or competes with MFS Series. Under normal circumstances, the fund will invest, directly or indirectly, at least 80 percent of its net assets in non-U...## Symmetry Panoramic 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 Symmetry Panoramic'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 Symmetry Panoramic International upside and downside potential and time the market with a certain degree of confidence.

Downside Deviation | 0.8906 | |||

Information Ratio | (0.034858) | |||

Maximum Drawdown | 3.93 | |||

Value At Risk | (1.39) | |||

Potential Upside | 1.36 |

## Symmetry Panoramic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Symmetry Panoramic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Symmetry Panoramic's standard deviation. In reality, there are many statistical measures that can use Symmetry Panoramic historical prices to predict the future Symmetry Panoramic's volatility.Risk Adjusted Performance | 0.017 | |||

Jensen Alpha | (0.001631) | |||

Total Risk Alpha | (0.026423) | |||

Sortino Ratio | (0.029419) | |||

Treynor Ratio | 0.027 |

## Symmetry Panoramic Backtested Returns

We consider Symmetry Panoramic very steady. Symmetry Panoramic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.002, which indicates the fund had 0.002% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Symmetry Panoramic International, which you can use to evaluate the future volatility of the fund. Please validate Symmetry Panoramic Coefficient Of Variation of 4412.88, risk adjusted performance of 0.017, and Semi Deviation of 0.6623 to confirm if the risk estimate we provide is consistent with the expected return of 0.0015%.

The entity has a beta of 0.2607, which indicates not very significant fluctuations relative to the market. Let's try to break down what Symmetry's beta means in this case. As returns on the market increase, Symmetry Panoramic returns are expected to increase less than the market. However, during the bear market, the loss on holding Symmetry Panoramic will be expected to be smaller as well. Although it is extremely important to respect Symmetry Panoramic current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Symmetry Panoramic technical indicators, you can presently evaluate if the expected return of 0.0015% will be sustainable into the future.

Advice | Volatility Trend | Exposure | Correlations |

## Auto-correlation | (0.52) |

#### Good reverse predictability

Symmetry Panoramic International has good reverse predictability. Overlapping area represents the amount of predictability between Symmetry Panoramic time series from 26th of April 2021 to 10th of June 2021 and 10th of June 2021 to 25th of July 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Symmetry Panoramic price movement. The serial correlation of

**-0.52**indicates that about 52.0% of current Symmetry Panoramic price fluctuation can be explain by its past prices. Given that Symmetry Panoramic International has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Symmetry Panoramic for similar time interval.Correlation Coefficient | -0.52 | |

Spearman Rank Test | -0.55 | |

Residual Average | 0.0 | |

Price Variance | 0.02 |

## Symmetry Panoramic lagged returns against current returns

Autocorrelation, which is Symmetry Panoramic 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 Symmetry Panoramic's mutual fund expected returns. We can calculate the autocorrelation of Symmetry Panoramic returns to help us make a trade decision. For example, suppose you find that Symmetry Panoramic mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.

Current and Lagged Values |

Timeline |

## Symmetry Panoramic 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 Symmetry Panoramic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Symmetry Panoramic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Symmetry Panoramic mutual fund over time.

Current vs Lagged Prices |

Timeline |

## Symmetry Panoramic Lagged Returns

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

Regressed Prices |

Timeline |

## Symmetry Panoramic Investors Sentiment

The influence of Symmetry Panoramic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Symmetry. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.## Currently Active Assets on Macroaxis

Additionally, take a look at Symmetry Panoramic Hype Analysis, Symmetry Panoramic Correlation, Portfolio Optimization, Symmetry Panoramic Volatility, as well as analyze Symmetry Panoramic Alpha and Beta and Symmetry Panoramic Performance. Note that the Symmetry Panoramic information on this page should be used as a complementary analysis to other Symmetry Panoramic'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

## Complementary Tools for Symmetry Mutual Fund analysis

When running Symmetry Panoramic price analysis, check to measure Symmetry Panoramic'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 Symmetry Panoramic is operating at the current time. Most of Symmetry Panoramic's value examination focuses on studying past and present price action to predict the probability of Symmetry Panoramic's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Symmetry Panoramic's price. Additionally, you may evaluate how the addition of Symmetry Panoramic to your portfolios can decrease your overall portfolio volatility.

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Symmetry Panoramic 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, stock market cycles, or different charting patterns.