Qs Servative Growth Fund Market Value
| SBBAX Fund | USD 15.09 0.01 0.07% |
| Symbol | SBBAX |
Qs Servative '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 Qs Servative'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 Qs Servative.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in Qs Servative on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Qs Servative Growth or generate 0.0% return on investment in Qs Servative over 720 days. Qs Servative is related to or competes with Franklin Mutual, Templeton Developing, Franklin Mutual, Franklin Mutual, Franklin Mutual, Templeton Foreign, and Templeton Foreign. The fund is a fund of fundsit invests in other mutual funds and may also invest in exchange-traded funds More
Qs Servative 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 Qs Servative'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 Qs Servative Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5555 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.04 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.7388 |
Qs Servative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qs Servative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qs Servative's standard deviation. In reality, there are many statistical measures that can use Qs Servative historical prices to predict the future Qs Servative's volatility.| Risk Adjusted Performance | 0.0154 | |||
| Jensen Alpha | 7.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0283 |
Qs Servative Growth Backtested Returns
At this stage we consider SBBAX Mutual Fund to be very steady. Qs Servative Growth retains Efficiency (Sharpe Ratio) of 0.0157, which implies the entity had a 0.0157% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Qs Servative, which you can use to evaluate the volatility of the fund. Please check Qs Servative's market risk adjusted performance of 0.0383, and Standard Deviation of 0.4597 to confirm if the risk estimate we provide is consistent with the expected return of 0.0073%. The fund owns a Beta (Systematic Risk) of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, Qs Servative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qs Servative is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
Qs Servative Growth has very weak predictability. Overlapping area represents the amount of predictability between Qs Servative time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 Qs Servative Growth price movement. The serial correlation of 0.17 indicates that over 17.0% of current Qs Servative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Qs Servative Growth lagged returns against current returns
Autocorrelation, which is Qs Servative 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 Qs Servative's mutual fund expected returns. We can calculate the autocorrelation of Qs Servative returns to help us make a trade decision. For example, suppose you find that Qs Servative 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 |
Qs Servative 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 Qs Servative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qs Servative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qs Servative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Qs Servative Lagged Returns
When evaluating Qs Servative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qs Servative mutual fund have on its future price. Qs Servative 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, Qs Servative autocorrelation shows the relationship between Qs Servative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Qs Servative Growth.
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 SBBAX Mutual Fund
Qs Servative financial ratios help investors to determine whether SBBAX 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 SBBAX with respect to the benefits of owning Qs Servative security.
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