Stet New York Fund Market Value
| SENYX Fund | USD 10.22 0.01 0.1% |
| Symbol | Stet |
Stet New '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 Stet New'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 Stet New.
| 05/14/2025 |
| 08/12/2025 |
If you would invest 0.00 in Stet New on May 14, 2025 and sell it all today you would earn a total of 0.00 from holding Stet New York or generate 0.0% return on investment in Stet New over 90 days. Stet New is related to or competes with Baron Health, Prudential Health, The Hartford, Allianzgi Health, Putnam Global, Vanguard Health, and Alger Health. The fund will invest, under normal circumstances, at least 80 percent of its net assets in investment grade municipal se... More
Stet New 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 Stet New'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 Stet New York upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1318 | |||
| Information Ratio | (0.77) | |||
| Maximum Drawdown | 0.4929 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.1988 |
Stet New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stet New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stet New's standard deviation. In reality, there are many statistical measures that can use Stet New historical prices to predict the future Stet New's volatility.| Risk Adjusted Performance | 0.1725 | |||
| Jensen Alpha | 0.0198 | |||
| Total Risk Alpha | 0.0084 | |||
| Sortino Ratio | (0.57) | |||
| Treynor Ratio | 3.5 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stet New'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.
Stet New York Backtested Returns
At this stage we consider Stet Mutual Fund to be very steady. Stet New York owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the fund had a 0.31 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Stet New York, which you can use to evaluate the volatility of the fund. Please validate Stet New's Risk Adjusted Performance of 0.1725, downside deviation of 0.1318, and Standard Deviation of 0.0974 to confirm if the risk estimate we provide is consistent with the expected return of 0.0303%. The entity has a beta of 0.0058, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Stet New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stet New is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
Stet New York has average predictability. Overlapping area represents the amount of predictability between Stet New time series from 14th of May 2025 to 28th of June 2025 and 28th of June 2025 to 12th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Stet New York price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Stet New price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Stet New York lagged returns against current returns
Autocorrelation, which is Stet New 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 Stet New's mutual fund expected returns. We can calculate the autocorrelation of Stet New returns to help us make a trade decision. For example, suppose you find that Stet New 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 |
Stet New 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 Stet New mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stet New mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stet New mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Stet New Lagged Returns
When evaluating Stet New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stet New mutual fund have on its future price. Stet New 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, Stet New autocorrelation shows the relationship between Stet New mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Stet New York.
Regressed Prices |
| Timeline |
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.Other Information on Investing in Stet Mutual Fund
Stet New financial ratios help investors to determine whether Stet Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Stet with respect to the benefits of owning Stet New security.
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