Sa International Small Fund Market Value
| SAISX Fund | USD 19.88 0.08 0.40% |
| Symbol | SAISX |
Sa International '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 Sa International'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 Sa International.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Sa International on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Sa International Small or generate 0.0% return on investment in Sa International over 30 days. Sa International is related to or competes with Sa International, Sa Value, Sa Us, Sa Us, and Sa Global. The fund pursues its goal by investing substantially all of its assets in the International Small Company Portfolio of D... More
Sa International 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 Sa International'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 Sa International Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.76 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.02 |
Sa International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sa International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sa International's standard deviation. In reality, there are many statistical measures that can use Sa International historical prices to predict the future Sa International's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sa International'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.
Sa International Small Backtested Returns
Sa International Small retains Efficiency (Sharpe Ratio) of -0.12, which indicates the fund had a -0.12% return per unit of price deviation over the last 3 months. Sa International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sa International's Standard Deviation of 0.7718, risk adjusted performance of (0.11), and Mean Deviation of 0.5745 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sa International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sa International is expected to be smaller as well.
Auto-correlation | -0.58 |
Good reverse predictability
Sa International Small has good reverse predictability. Overlapping area represents the amount of predictability between Sa International time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Sa International Small price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Sa International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Sa International Small lagged returns against current returns
Autocorrelation, which is Sa International 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 Sa International's mutual fund expected returns. We can calculate the autocorrelation of Sa International returns to help us make a trade decision. For example, suppose you find that Sa International 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 |
Sa International 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 Sa International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sa International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sa International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sa International Lagged Returns
When evaluating Sa International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sa International mutual fund have on its future price. Sa International 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, Sa International autocorrelation shows the relationship between Sa International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sa International Small.
Regressed Prices |
| Timeline |
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Other Information on Investing in SAISX Mutual Fund
Sa International financial ratios help investors to determine whether SAISX 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 SAISX with respect to the benefits of owning Sa International security.
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