Shelton Emerging Markets Fund Market Value
| EMSQX Fund | USD 17.42 0.48 2.68% |
| Symbol | Shelton |
Shelton Emerging '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 Shelton Emerging'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 Shelton Emerging.
| 01/07/2024 |
| 12/02/2024 |
If you would invest 0.00 in Shelton Emerging on January 7, 2024 and sell it all today you would earn a total of 0.00 from holding Shelton Emerging Markets or generate 0.0% return on investment in Shelton Emerging over 330 days. Shelton Emerging is related to or competes with Multimedia Portfolio, Cutler Equity, Small Cap, Gmo Global, and Nationwide Global. The fund primarily invests, under normal market conditions, at least 80 percent of its net assets in a combination of eq... More
Shelton Emerging 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 Shelton Emerging'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 Shelton Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 6.32 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.79 |
Shelton Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shelton Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shelton Emerging's standard deviation. In reality, there are many statistical measures that can use Shelton Emerging historical prices to predict the future Shelton Emerging's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.18) |
Shelton Emerging Markets Backtested Returns
Shelton Emerging Markets owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0142, which indicates the fund had a -0.0142% return per unit of risk over the last 3 months. Shelton Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shelton Emerging's Risk Adjusted Performance of (0.01), variance of 1.11, and Coefficient Of Variation of (7,032) to confirm the risk estimate we provide. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shelton Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shelton Emerging is expected to be smaller as well.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Shelton Emerging Markets has insignificant reverse predictability. Overlapping area represents the amount of predictability between Shelton Emerging time series from 7th of January 2024 to 20th of June 2024 and 20th of June 2024 to 2nd 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 Shelton Emerging Markets price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Shelton Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Shelton Emerging Markets lagged returns against current returns
Autocorrelation, which is Shelton Emerging 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 Shelton Emerging's mutual fund expected returns. We can calculate the autocorrelation of Shelton Emerging returns to help us make a trade decision. For example, suppose you find that Shelton Emerging 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 |
Shelton Emerging 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 Shelton Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shelton Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shelton Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Shelton Emerging Lagged Returns
When evaluating Shelton Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shelton Emerging mutual fund have on its future price. Shelton Emerging 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, Shelton Emerging autocorrelation shows the relationship between Shelton Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Shelton Emerging Markets.
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 Shelton Mutual Fund
Shelton Emerging financial ratios help investors to determine whether Shelton 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 Shelton with respect to the benefits of owning Shelton Emerging security.
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