Carillon Scout Small Fund Market Value
| CSSVX Fund | USD 35.10 0.28 0.80% |
| Symbol | Carillon |
Carillon Scout '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 Carillon Scout'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 Carillon Scout.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Carillon Scout on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Carillon Scout Small or generate 0.0% return on investment in Carillon Scout over 30 days. Carillon Scout is related to or competes with Sa Worldwide, Qs Moderate, Strategic Allocation, and Sierra E. The fund pursues its objective by investing, under normal circumstances, at least 80 percent of its net assets in equity... More
Carillon Scout 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 Carillon Scout'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 Carillon Scout Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.0715 | |||
| Maximum Drawdown | 7.68 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.2 |
Carillon Scout Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carillon Scout's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carillon Scout's standard deviation. In reality, there are many statistical measures that can use Carillon Scout historical prices to predict the future Carillon Scout's volatility.| Risk Adjusted Performance | 0.1246 | |||
| Jensen Alpha | 0.1665 | |||
| Total Risk Alpha | 3.0E-4 | |||
| Sortino Ratio | 0.0837 | |||
| Treynor Ratio | 0.5718 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carillon Scout'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.
Carillon Scout Small Backtested Returns
Carillon Scout appears to be very steady, given 3 months investment horizon. Carillon Scout Small secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Carillon Scout Small, which you can use to evaluate the volatility of the entity. Please makes use of Carillon Scout's Downside Deviation of 1.12, mean deviation of 0.989, and Risk Adjusted Performance of 0.1246 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Carillon Scout's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carillon Scout is expected to be smaller as well.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Carillon Scout Small has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Carillon Scout time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Carillon Scout Small price movement. The serial correlation of -0.77 indicates that around 77.0% of current Carillon Scout price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Carillon Scout Small lagged returns against current returns
Autocorrelation, which is Carillon Scout 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 Carillon Scout's mutual fund expected returns. We can calculate the autocorrelation of Carillon Scout returns to help us make a trade decision. For example, suppose you find that Carillon Scout 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 |
Carillon Scout 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 Carillon Scout mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carillon Scout mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carillon Scout mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Carillon Scout Lagged Returns
When evaluating Carillon Scout's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carillon Scout mutual fund have on its future price. Carillon Scout 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, Carillon Scout autocorrelation shows the relationship between Carillon Scout mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Carillon Scout Small.
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 Carillon Mutual Fund
Carillon Scout financial ratios help investors to determine whether Carillon 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 Carillon with respect to the benefits of owning Carillon Scout security.
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