Cohen Steers Infrastructure Fund Market Value

XUTFX Fund  USD 22.87  0.43  1.92%   
Cohen Steers' market value is the price at which a share of Cohen Steers trades on a public exchange. It measures the collective expectations of Cohen Steers Infrastructure investors about its performance. Cohen Steers is trading at 22.87 as of the 28th of March 2024; that is 1.92 percent up since the beginning of the trading day. The fund's open price was 22.44.
With this module, you can estimate the performance of a buy and hold strategy of Cohen Steers Infrastructure and determine expected loss or profit from investing in Cohen Steers over a given investment horizon. Check out Cohen Steers Correlation, Cohen Steers Volatility and Cohen Steers Alpha and Beta module to complement your research on Cohen Steers.
For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.
Symbol

Please note, there is a significant difference between Cohen Steers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cohen Steers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cohen Steers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cohen Steers '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 Cohen Steers' 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 Cohen Steers.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Cohen Steers on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Cohen Steers Infrastructure or generate 0.0% return on investment in Cohen Steers over 720 days. Cohen Steers is related to or competes with T Rowe, Blrc Sgy, T Rowe, Nuveen Strategic, Counterpoint Tactical, and Ab Impact. More

Cohen Steers 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 Cohen Steers' 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 Cohen Steers Infrastructure upside and downside potential and time the market with a certain degree of confidence.

Cohen Steers Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cohen Steers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cohen Steers' standard deviation. In reality, there are many statistical measures that can use Cohen Steers historical prices to predict the future Cohen Steers' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cohen Steers' 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.
Hype
Prediction
LowEstimatedHigh
22.0122.8723.73
Details
Intrinsic
Valuation
LowRealHigh
21.8522.7123.57
Details
Naive
Forecast
LowNextHigh
21.9122.7723.63
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.9222.4522.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cohen Steers. Your research has to be compared to or analyzed against Cohen Steers' peers to derive any actionable benefits. When done correctly, Cohen Steers' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cohen Steers Infrast.

Cohen Steers Infrast Backtested Returns

Cohen Steers Infrast secures Sharpe Ratio (or Efficiency) of -0.0015, which signifies that the fund had a -0.0015% return per unit of risk over the last 3 months. Cohen Steers Infrastructure exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cohen Steers' Mean Deviation of 0.5803, standard deviation of 0.8622, and Risk Adjusted Performance of 0.0027 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.05, which signifies a somewhat significant risk relative to the market. Cohen Steers returns are very sensitive to returns on the market. As the market goes up or down, Cohen Steers is expected to follow.

Auto-correlation

    
  0.68  

Good predictability

Cohen Steers Infrastructure has good predictability. Overlapping area represents the amount of predictability between Cohen Steers time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 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 Cohen Steers Infrast price movement. The serial correlation of 0.68 indicates that around 68.0% of current Cohen Steers price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.54
Residual Average0.0
Price Variance1.32

Cohen Steers Infrast lagged returns against current returns

Autocorrelation, which is Cohen Steers 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 Cohen Steers' mutual fund expected returns. We can calculate the autocorrelation of Cohen Steers returns to help us make a trade decision. For example, suppose you find that Cohen Steers 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  

Cohen Steers 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 Cohen Steers mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cohen Steers mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cohen Steers mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Cohen Steers Lagged Returns

When evaluating Cohen Steers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cohen Steers mutual fund have on its future price. Cohen Steers 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, Cohen Steers autocorrelation shows the relationship between Cohen Steers mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cohen Steers Infrastructure.
   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 Cohen Steers 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, Cohen Steers' short interest history, or implied volatility extrapolated from Cohen Steers options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Cohen Steers Correlation, Cohen Steers Volatility and Cohen Steers Alpha and Beta module to complement your research on Cohen Steers.
For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.
Note that the Cohen Steers Infrast information on this page should be used as a complementary analysis to other Cohen Steers' 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Cohen Steers' price analysis, check to measure Cohen Steers' 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 Cohen Steers is operating at the current time. Most of Cohen Steers' value examination focuses on studying past and present price action to predict the probability of Cohen Steers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cohen Steers' price. Additionally, you may evaluate how the addition of Cohen Steers to your portfolios can decrease your overall portfolio volatility.
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Cohen Steers 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.
A focus of Cohen Steers technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cohen Steers trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...