Ridgeworth Seix Total Fund Market Value
| SAMFX Fund | USD 9.36 0.04 0.43% |
| Symbol | Ridgeworth |
Ridgeworth Seix '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 Ridgeworth Seix'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 Ridgeworth Seix.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Ridgeworth Seix on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Ridgeworth Seix Total or generate 0.0% return on investment in Ridgeworth Seix over 390 days. Ridgeworth Seix is related to or competes with Franklin Federal, Easterly Snow, Lord Abbett, Boston Partners, Touchstone Ultra, and Aqr Long. The fund invests in various types of income-producing debt instruments including mortgage- and asset-backed securities, ... More
Ridgeworth Seix 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 Ridgeworth Seix'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 Ridgeworth Seix Total upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 1.29 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.431 |
Ridgeworth Seix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ridgeworth Seix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ridgeworth Seix's standard deviation. In reality, there are many statistical measures that can use Ridgeworth Seix historical prices to predict the future Ridgeworth Seix's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 3.05 |
Ridgeworth Seix Total Backtested Returns
Ridgeworth Seix Total maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the entity had a -0.14% return per unit of risk over the last 3 months. Ridgeworth Seix Total exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ridgeworth Seix's Variance of 0.0985, coefficient of variation of (864.78), and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The fund holds a Beta of -0.0152, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ridgeworth Seix are expected to decrease at a much lower rate. During the bear market, Ridgeworth Seix is likely to outperform the market.
Auto-correlation | 0.17 |
Very weak predictability
Ridgeworth Seix Total has very weak predictability. Overlapping area represents the amount of predictability between Ridgeworth Seix time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Ridgeworth Seix Total price movement. The serial correlation of 0.17 indicates that over 17.0% of current Ridgeworth Seix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ridgeworth Seix Total lagged returns against current returns
Autocorrelation, which is Ridgeworth Seix 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 Ridgeworth Seix's mutual fund expected returns. We can calculate the autocorrelation of Ridgeworth Seix returns to help us make a trade decision. For example, suppose you find that Ridgeworth Seix 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 |
Ridgeworth Seix 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 Ridgeworth Seix mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ridgeworth Seix mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ridgeworth Seix mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ridgeworth Seix Lagged Returns
When evaluating Ridgeworth Seix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ridgeworth Seix mutual fund have on its future price. Ridgeworth Seix 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, Ridgeworth Seix autocorrelation shows the relationship between Ridgeworth Seix mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ridgeworth Seix Total.
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 Ridgeworth Mutual Fund
Ridgeworth Seix financial ratios help investors to determine whether Ridgeworth 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 Ridgeworth with respect to the benefits of owning Ridgeworth Seix security.
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