Cornerstone Moderately Servative Fund Market Value
| UCMCX Fund | USD 10.49 0.05 0.47% |
| Symbol | Cornerstone |
Cornerstone Moderately '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 Cornerstone Moderately'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 Cornerstone Moderately.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Cornerstone Moderately on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding Cornerstone Moderately Servative or generate 0.0% return on investment in Cornerstone Moderately over 30 days. Cornerstone Moderately is related to or competes with Income Fund, Usaa Nasdaq, Victory Diversified, Intermediate Term, Usaa Intermediate, Usaa Tax, and Victory Tax-exempt. The fund invests in equity securities, bonds, money market instruments, and other instruments including derivatives More
Cornerstone Moderately 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 Cornerstone Moderately'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 Cornerstone Moderately Servative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5024 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 1.96 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 0.5753 |
Cornerstone Moderately Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cornerstone Moderately's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cornerstone Moderately's standard deviation. In reality, there are many statistical measures that can use Cornerstone Moderately historical prices to predict the future Cornerstone Moderately's volatility.| Risk Adjusted Performance | 0.0072 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cornerstone Moderately'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.
Cornerstone Moderately Backtested Returns
We consider Cornerstone Moderately out of control. Cornerstone Moderately secures Sharpe Ratio (or Efficiency) of 0.058, which signifies that the fund had a 0.058% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cornerstone Moderately Servative, which you can use to evaluate the volatility of the entity. Please confirm Cornerstone Moderately's Mean Deviation of 0.3119, risk adjusted performance of 0.0072, and Downside Deviation of 0.5024 to double-check if the risk estimate we provide is consistent with the expected return of 0.0237%. The fund shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cornerstone Moderately's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cornerstone Moderately is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
Cornerstone Moderately Servative has modest reverse predictability. Overlapping area represents the amount of predictability between Cornerstone Moderately time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th 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 Cornerstone Moderately price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Cornerstone Moderately price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cornerstone Moderately lagged returns against current returns
Autocorrelation, which is Cornerstone Moderately 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 Cornerstone Moderately's mutual fund expected returns. We can calculate the autocorrelation of Cornerstone Moderately returns to help us make a trade decision. For example, suppose you find that Cornerstone Moderately 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 |
Cornerstone Moderately 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 Cornerstone Moderately mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cornerstone Moderately mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cornerstone Moderately mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cornerstone Moderately Lagged Returns
When evaluating Cornerstone Moderately's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cornerstone Moderately mutual fund have on its future price. Cornerstone Moderately 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, Cornerstone Moderately autocorrelation shows the relationship between Cornerstone Moderately mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cornerstone Moderately Servative.
Regressed Prices |
| Timeline |
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| STETH | Staked Ether | |
| LINK | Chainlink |
Check out Cornerstone Moderately Correlation, Cornerstone Moderately Volatility and Cornerstone Moderately Alpha and Beta module to complement your research on Cornerstone Moderately. Note that the Cornerstone Moderately information on this page should be used as a complementary analysis to other Cornerstone Moderately'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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Cornerstone Moderately 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.