Sa Real Estate Fund Market Value
| SAREX Fund | USD 12.44 0.16 1.27% |
| Symbol | SAREX |
Sa Real '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 Real'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 Real.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Sa Real on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Sa Real Estate or generate 0.0% return on investment in Sa Real over 30 days. Sa Real is related to or competes with Evaluator Conservative, Harbor Diversified, Jhancock Diversified, Massmutual Premier, Blackrock Conservative, Prudential Core, and Delaware Limited-term. The fund is designed to purchase readily marketable equity securities of companies the principal activities of which inc... More
Sa Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9318 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.21 |
Sa Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sa Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sa Real's standard deviation. In reality, there are many statistical measures that can use Sa Real historical prices to predict the future Sa Real's volatility.| Risk Adjusted Performance | 0.0374 | |||
| Jensen Alpha | 0.0142 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1927 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sa Real'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 Real Estate Backtested Returns
At this stage we consider SAREX Mutual Fund to be very steady. Sa Real Estate retains Efficiency (Sharpe Ratio) of 0.0524, which indicates the fund had a 0.0524% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Sa Real, which you can use to evaluate the volatility of the fund. Please validate Sa Real's Risk Adjusted Performance of 0.0374, downside deviation of 0.9318, and Mean Deviation of 0.7034 to confirm if the risk estimate we provide is consistent with the expected return of 0.0459%. The entity owns a Beta (Systematic Risk) of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sa Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sa Real is expected to be smaller as well.
Auto-correlation | 0.10 |
Insignificant predictability
Sa Real Estate has insignificant predictability. Overlapping area represents the amount of predictability between Sa Real time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Sa Real Estate price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Sa Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Sa Real Estate lagged returns against current returns
Autocorrelation, which is Sa Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Sa Real returns to help us make a trade decision. For example, suppose you find that Sa Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sa Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sa Real Lagged Returns
When evaluating Sa Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sa Real mutual fund have on its future price. Sa Real 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 Real autocorrelation shows the relationship between Sa Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sa Real Estate.
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 SAREX Mutual Fund
Sa Real financial ratios help investors to determine whether SAREX 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 SAREX with respect to the benefits of owning Sa Real security.
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