Simt Large Cap Fund Market Value
| SLYCX Fund | USD 14.96 0.07 0.47% |
| Symbol | Simt |
Simt 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 Simt 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 Simt Large.
| 01/18/2024 |
| 04/17/2024 |
If you would invest 0.00 in Simt Large on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Simt Large Cap or generate 0.0% return on investment in Simt Large over 90 days. Simt Large is related to or competes with T Rowe, Ab Concentrated, Rational Defensive, Tfa Alphagen, and Ab Concentrated. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities of large com... More
Simt 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 Simt 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 Simt Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8279 | |||
| Information Ratio | 0.0493 | |||
| Maximum Drawdown | 3.18 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.1 |
Simt Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simt Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simt Large's standard deviation. In reality, there are many statistical measures that can use Simt Large historical prices to predict the future Simt Large's volatility.| Risk Adjusted Performance | 0.081 | |||
| Jensen Alpha | 0.0349 | |||
| Total Risk Alpha | 0.0291 | |||
| Sortino Ratio | 0.0428 | |||
| Treynor Ratio | 0.08 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simt 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.
Simt Large Cap Backtested Returns
We consider Simt Large very steady. Simt Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Simt Large Cap, which you can use to evaluate the volatility of the fund. Please validate Simt Large's Risk Adjusted Performance of 0.081, semi deviation of 0.6529, and Coefficient Of Variation of 790.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.0909%. The entity has a beta of 1.01, which indicates a somewhat significant risk relative to the market. Simt Large returns are very sensitive to returns on the market. As the market goes up or down, Simt Large is expected to follow.
Auto-correlation | 0.04 |
Virtually no predictability
Simt Large Cap has virtually no predictability. Overlapping area represents the amount of predictability between Simt Large time series from 18th of January 2024 to 3rd of March 2024 and 3rd of March 2024 to 17th 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 Simt Large Cap price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Simt Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Simt Large Cap lagged returns against current returns
Autocorrelation, which is Simt 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 Simt Large's mutual fund expected returns. We can calculate the autocorrelation of Simt Large returns to help us make a trade decision. For example, suppose you find that Simt 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 |
Simt 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 Simt Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simt 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 Simt Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Simt Large Lagged Returns
When evaluating Simt Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simt Large mutual fund have on its future price. Simt 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, Simt Large autocorrelation shows the relationship between Simt Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Simt Large Cap.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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Check out Simt Large Correlation, Simt Large Volatility and Simt Large Alpha and Beta module to complement your research on Simt Large. Note that the Simt Large Cap information on this page should be used as a complementary analysis to other Simt 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Simt 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.