Amg Southernsun Small Fund Market Value
SSSIX Fund | USD 29.20 0.65 2.28% |
Symbol | Amg |
Amg Southernsun '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 Amg Southernsun'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 Amg Southernsun.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Amg Southernsun on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Amg Southernsun Small or generate 0.0% return on investment in Amg Southernsun over 30 days. Amg Southernsun is related to or competes with USCF Gold, Amg Managers, Amg Frontier, Amg Frontier, Amg Frontier, Amg Gwk, and Amg Gwk. Under normal circumstances,the fund invests at least 80 percent of its net assets, plus any borrowings for investment pu... More
Amg Southernsun 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 Amg Southernsun'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 Amg Southernsun Small upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.21 | |||
Information Ratio | (0.03) | |||
Maximum Drawdown | 5.18 | |||
Value At Risk | (1.89) | |||
Potential Upside | 1.81 |
Amg Southernsun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amg Southernsun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amg Southernsun's standard deviation. In reality, there are many statistical measures that can use Amg Southernsun historical prices to predict the future Amg Southernsun's volatility.Risk Adjusted Performance | 0.0539 | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0563 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amg Southernsun'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.
Amg Southernsun Small Backtested Returns
We consider Amg Southernsun very steady. Amg Southernsun Small secures Sharpe Ratio (or Efficiency) of 0.0898, which signifies that the fund had a 0.0898% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amg Southernsun Small, which you can use to evaluate the volatility of the entity. Please confirm Amg Southernsun's mean deviation of 0.8672, and Risk Adjusted Performance of 0.0539 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 1.59, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amg Southernsun will likely underperform.
Auto-correlation | 0.54 |
Modest predictability
Amg Southernsun Small has modest predictability. Overlapping area represents the amount of predictability between Amg Southernsun time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Amg Southernsun Small price movement. The serial correlation of 0.54 indicates that about 54.0% of current Amg Southernsun price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.54 | |
Spearman Rank Test | 0.62 | |
Residual Average | 0.0 | |
Price Variance | 0.27 |
Amg Southernsun Small lagged returns against current returns
Autocorrelation, which is Amg Southernsun 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 Amg Southernsun's mutual fund expected returns. We can calculate the autocorrelation of Amg Southernsun returns to help us make a trade decision. For example, suppose you find that Amg Southernsun 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 |
Amg Southernsun 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 Amg Southernsun mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amg Southernsun mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amg Southernsun mutual fund over time.
Current vs Lagged Prices |
Timeline |
Amg Southernsun Lagged Returns
When evaluating Amg Southernsun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amg Southernsun mutual fund have on its future price. Amg Southernsun 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, Amg Southernsun autocorrelation shows the relationship between Amg Southernsun mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amg Southernsun Small.
Regressed Prices |
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 Amg Southernsun 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, Amg Southernsun's short interest history, or implied volatility extrapolated from Amg Southernsun options trading.
Currently Active Assets on Macroaxis
Check out Amg Southernsun Correlation, Amg Southernsun Volatility and Amg Southernsun Alpha and Beta module to complement your research on Amg Southernsun. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Amg Mutual Fund analysis
When running Amg Southernsun's price analysis, check to measure Amg Southernsun'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 Amg Southernsun is operating at the current time. Most of Amg Southernsun's value examination focuses on studying past and present price action to predict the probability of Amg Southernsun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amg Southernsun's price. Additionally, you may evaluate how the addition of Amg Southernsun to your portfolios can decrease your overall portfolio volatility.
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Amg Southernsun 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.