Crawford Dividend Growth Fund Market Value
| CDGIX Fund | USD 14.09 0.13 0.93% |
| Symbol | Crawford |
Crawford Dividend '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 Crawford Dividend'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 Crawford Dividend.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Crawford Dividend on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Crawford Dividend Growth or generate 0.0% return on investment in Crawford Dividend over 30 days. Crawford Dividend is related to or competes with Morningstar Unconstrained, and SPACE. The fund invests primarily in common stocks of large capitalization companies that demonstrate a consistent pattern of e... More
Crawford Dividend 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 Crawford Dividend'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 Crawford Dividend Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6937 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.39 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.02 |
Crawford Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crawford Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crawford Dividend's standard deviation. In reality, there are many statistical measures that can use Crawford Dividend historical prices to predict the future Crawford Dividend's volatility.| Risk Adjusted Performance | 0.0545 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0483 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crawford Dividend'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.
Crawford Dividend Growth Backtested Returns
We consider Crawford Dividend out of control. Crawford Dividend Growth secures Sharpe Ratio (or Efficiency) of 0.0534, which signifies that the fund had a 0.0534% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Crawford Dividend Growth, which you can use to evaluate the volatility of the entity. Please confirm Crawford Dividend's mean deviation of 0.4896, and Risk Adjusted Performance of 0.0545 to double-check if the risk estimate we provide is consistent with the expected return of 0.0344%. The fund shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Crawford Dividend returns are very sensitive to returns on the market. As the market goes up or down, Crawford Dividend is expected to follow.
Auto-correlation | -0.28 |
Weak reverse predictability
Crawford Dividend Growth has weak reverse predictability. Overlapping area represents the amount of predictability between Crawford Dividend time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Crawford Dividend Growth price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Crawford Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Crawford Dividend Growth lagged returns against current returns
Autocorrelation, which is Crawford Dividend 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 Crawford Dividend's mutual fund expected returns. We can calculate the autocorrelation of Crawford Dividend returns to help us make a trade decision. For example, suppose you find that Crawford Dividend 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 |
Crawford Dividend 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 Crawford Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crawford Dividend mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crawford Dividend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Crawford Dividend Lagged Returns
When evaluating Crawford Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crawford Dividend mutual fund have on its future price. Crawford Dividend 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, Crawford Dividend autocorrelation shows the relationship between Crawford Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Crawford Dividend Growth.
Regressed Prices |
| Timeline |
Pair Trading with Crawford Dividend
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crawford Dividend position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crawford Dividend will appreciate offsetting losses from the drop in the long position's value.Moving together with Crawford Mutual Fund
| 1.0 | CDGCX | Crafword Dividend Growth | PairCorr |
| 0.85 | CDOFX | Crawford Dividend | PairCorr |
| 0.8 | CMALX | Crawford Multi Asset | PairCorr |
| 0.88 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.87 | VFIAX | Vanguard 500 Index | PairCorr |
The ability to find closely correlated positions to Crawford Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crawford Dividend when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crawford Dividend - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crawford Dividend Growth to buy it.
The correlation of Crawford Dividend is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crawford Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crawford Dividend Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crawford Dividend can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Crawford Dividend Correlation, Crawford Dividend Volatility and Crawford Dividend Alpha and Beta module to complement your research on Crawford Dividend. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Crawford Dividend 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.