Schroder Asian (UK) Market Value
| 0P0000T360 | 1.44 0.01 0.70% |
| Symbol | Schroder |
Schroder Asian '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 Schroder Asian's 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 Schroder Asian.
| 11/30/2024 |
| 12/30/2024 |
If you would invest 0.00 in Schroder Asian on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding Schroder Asian Alpha or generate 0.0% return on investment in Schroder Asian over 30 days.
Schroder Asian 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 Schroder Asian's 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 Schroder Asian Alpha upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.0043 | |||
| Maximum Drawdown | 4.81 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.42 |
Schroder Asian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schroder Asian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schroder Asian's standard deviation. In reality, there are many statistical measures that can use Schroder Asian historical prices to predict the future Schroder Asian's volatility.| Risk Adjusted Performance | 0.0325 | |||
| Jensen Alpha | 0.0267 | |||
| Total Risk Alpha | 4.0E-4 | |||
| Sortino Ratio | 0.0031 | |||
| Treynor Ratio | (0.96) |
Schroder Asian Alpha Backtested Returns
Currently, Schroder Asian Alpha is moderately volatile. Schroder Asian Alpha owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0045, which indicates the fund had a 0.0045% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Schroder Asian Alpha, which you can use to evaluate the volatility of the fund. Please validate Schroder Asian's Risk Adjusted Performance of 0.0325, coefficient of variation of 2560.69, and Semi Deviation of 0.759 to confirm if the risk estimate we provide is consistent with the expected return of 0.0041%. The entity has a beta of -0.0272, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Schroder Asian are expected to decrease at a much lower rate. During the bear market, Schroder Asian is likely to outperform the market.
Auto-correlation | 0.08 |
Virtually no predictability
Schroder Asian Alpha has virtually no predictability. Overlapping area represents the amount of predictability between Schroder Asian time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th of December 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 Schroder Asian Alpha price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Schroder Asian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Schroder Asian Alpha lagged returns against current returns
Autocorrelation, which is Schroder Asian 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 Schroder Asian's fund expected returns. We can calculate the autocorrelation of Schroder Asian returns to help us make a trade decision. For example, suppose you find that Schroder Asian has exhibited high autocorrelation historically, and you observe that the 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 |
Schroder Asian 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 Schroder Asian fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schroder Asian fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schroder Asian fund over time.
Current vs Lagged Prices |
| Timeline |
Schroder Asian Lagged Returns
When evaluating Schroder Asian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schroder Asian fund have on its future price. Schroder Asian 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, Schroder Asian autocorrelation shows the relationship between Schroder Asian fund current value and its past values and can show if there is a momentum factor associated with investing in Schroder Asian Alpha.
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.| CEOs Directory Screen CEOs from public companies around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |