Simt Tax Managed Large Fund Market Value
| STLYX Fund | USD 34.69 0.06 0.17% |
| Symbol | Simt |
Simt Tax '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 Tax'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 Tax.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Simt Tax on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Simt Tax Managed Large or generate 0.0% return on investment in Simt Tax over 30 days. Simt Tax is related to or competes with Simt Multi, Saat Market, Simt Real, Simt Small, Siit Screened, Saat Aggressive, and Saat Aggressive. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities of large com... More
Simt Tax 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 Tax'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 Tax Managed Large upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7724 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 2.89 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 0.998 |
Simt Tax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simt Tax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simt Tax's standard deviation. In reality, there are many statistical measures that can use Simt Tax historical prices to predict the future Simt Tax's volatility.| Risk Adjusted Performance | 0.0623 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0562 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simt Tax'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 Tax Managed Backtested Returns
We consider Simt Tax very steady. Simt Tax Managed owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.066, which indicates the fund had a 0.066% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Simt Tax Managed Large, which you can use to evaluate the volatility of the fund. Please validate Simt Tax's Risk Adjusted Performance of 0.0623, semi deviation of 0.6821, and Coefficient Of Variation of 1007.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.0444%. The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. Simt Tax returns are very sensitive to returns on the market. As the market goes up or down, Simt Tax is expected to follow.
Auto-correlation | 0.11 |
Insignificant predictability
Simt Tax Managed Large has insignificant predictability. Overlapping area represents the amount of predictability between Simt Tax time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Tax Managed price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Simt Tax price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Simt Tax Managed lagged returns against current returns
Autocorrelation, which is Simt Tax 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 Tax's mutual fund expected returns. We can calculate the autocorrelation of Simt Tax returns to help us make a trade decision. For example, suppose you find that Simt Tax 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 Tax 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 Tax mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simt Tax 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 Tax mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Simt Tax Lagged Returns
When evaluating Simt Tax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simt Tax mutual fund have on its future price. Simt Tax 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 Tax autocorrelation shows the relationship between Simt Tax mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Simt Tax Managed Large.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Simt Tax Correlation, Simt Tax Volatility and Simt Tax Alpha and Beta module to complement your research on Simt Tax. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Simt Tax 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.