Saratoga Mutual Fund Market Value

SSCYX
 Fund
  

USD 5.70  0.17  3.07%   

Saratoga Small's market value is the price at which a share of Saratoga Small stock trades on a public exchange. It measures the collective expectations of Saratoga Small Capitalization investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Saratoga Small Capitalization and determine expected loss or profit from investing in Saratoga Small over a given investment horizon. Additionally, take a look at Saratoga Small Correlation, Saratoga Small Volatility and Saratoga Small Alpha and Beta module to complement your research on Saratoga Small.
Symbol

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

Saratoga Small '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 Saratoga Small'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 Saratoga Small.
0.00
07/10/2021
No Change 0.00  0.0 
In 1 year 2 months and 27 days
10/03/2022
0.00
If you would invest  0.00  in Saratoga Small on July 10, 2021 and sell it all today you would earn a total of 0.00 from holding Saratoga Small Capitalization or generate 0.0% return on investment in Saratoga Small over 450 days. Saratoga Small is related to or competes with Vanguard Explorer. The fund will normally invest at least 80 percent of its total assets in common stocks of companies whose stock market c... More

Saratoga Small 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 Saratoga Small'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 Saratoga Small Capitalization upside and downside potential and time the market with a certain degree of confidence.

Saratoga Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Saratoga Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saratoga Small's standard deviation. In reality, there are many statistical measures that can use Saratoga Small historical prices to predict the future Saratoga Small's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Saratoga Small'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. Please use the tools below to analyze the current value of Saratoga Small in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
4.165.707.24
Details
Intrinsic
Valuation
LowReal ValueHigh
4.035.577.11
Details
Naive
Forecast
LowNext ValueHigh
3.965.507.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.425.966.51
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Saratoga Small. Your research has to be compared to or analyzed against Saratoga Small's peers to derive any actionable benefits. When done correctly, Saratoga Small's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Saratoga Small Capit.

Saratoga Small Capit Backtested Returns

We consider Saratoga Small somewhat reliable. Saratoga Small Capit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0364, which indicates the fund had 0.0364% 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-six technical indicators for Saratoga Small Capitalization, which you can use to evaluate the future volatility of the fund. Please validate Saratoga Small coefficient of variation of (2,109,890), and Risk Adjusted Performance of 0.002 to confirm if the risk estimate we provide is consistent with the expected return of 0.0562%.
The entity has a beta of 0.0473, which indicates not very significant fluctuations relative to the market. Let's try to break down what Saratoga's beta means in this case. As returns on the market increase, Saratoga Small returns are expected to increase less than the market. However, during the bear market, the loss on holding Saratoga Small will be expected to be smaller as well. Although it is important to respect Saratoga Small Capit current price movements, it is better to be realistic regarding the information on the equity's 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 Saratoga Small Capit technical indicators, you can presently evaluate if the expected return of 0.0562% will be sustainable into the future.

Auto-correlation

    
  -0.46  

Modest reverse predictability

Saratoga Small Capitalization has modest reverse predictability. Overlapping area represents the amount of predictability between Saratoga Small time series from 10th of July 2021 to 20th of February 2022 and 20th of February 2022 to 3rd of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Saratoga Small Capit price movement. The serial correlation of -0.46 indicates that about 46.0% of current Saratoga Small price fluctuation can be explain by its past prices.
Correlation Coefficient-0.46
Spearman Rank Test-0.28
Residual Average0.0
Price Variance0.14

Saratoga Small Capit lagged returns against current returns

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

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

Saratoga Small Lagged Returns

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

Currently Active Assets on Macroaxis

Additionally, take a look at Saratoga Small Correlation, Saratoga Small Volatility and Saratoga Small Alpha and Beta module to complement your research on Saratoga Small. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for analysis

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