Sextant Bond Income Fund Market Value

SBIFX Fund  USD 4.39  0.02  0.45%   
Sextant Bond's market value is the price at which a share of Sextant Bond trades on a public exchange. It measures the collective expectations of Sextant Bond Income investors about its performance. Sextant Bond is trading at 4.39 as of the 13th of December 2024; that is 0.45 percent decrease since the beginning of the trading day. The fund's open price was 4.41.
With this module, you can estimate the performance of a buy and hold strategy of Sextant Bond Income and determine expected loss or profit from investing in Sextant Bond over a given investment horizon. Check out Sextant Bond Correlation, Sextant Bond Volatility and Sextant Bond Alpha and Beta module to complement your research on Sextant Bond.
Symbol

Please note, there is a significant difference between Sextant Bond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sextant Bond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sextant Bond's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Sextant Bond '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 Sextant Bond'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 Sextant Bond.
0.00
12/24/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/13/2024
0.00
If you would invest  0.00  in Sextant Bond on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Sextant Bond Income or generate 0.0% return on investment in Sextant Bond over 720 days. Sextant Bond is related to or competes with Sextant Growth, Sextant International, Sextant Short, Sextant E, Sextant Global, and Sextant Growth. The fund invests at least 80 percent of its net assets in bonds, including corporate and government bonds More

Sextant Bond 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 Sextant Bond'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 Sextant Bond Income upside and downside potential and time the market with a certain degree of confidence.

Sextant Bond Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sextant Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sextant Bond's standard deviation. In reality, there are many statistical measures that can use Sextant Bond historical prices to predict the future Sextant Bond's volatility.
Hype
Prediction
LowEstimatedHigh
4.014.394.77
Details
Intrinsic
Valuation
LowRealHigh
3.954.805.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sextant Bond. Your research has to be compared to or analyzed against Sextant Bond's peers to derive any actionable benefits. When done correctly, Sextant Bond's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sextant Bond Income.

Sextant Bond Income Backtested Returns

Sextant Bond Income owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the fund had a -0.15% return per unit of risk over the last 3 months. Sextant Bond Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sextant Bond's Coefficient Of Variation of (805.55), risk adjusted performance of (0.1), and Variance of 0.1424 to confirm the risk estimate we provide. The entity has a beta of -0.0061, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sextant Bond are expected to decrease at a much lower rate. During the bear market, Sextant Bond is likely to outperform the market.

Auto-correlation

    
  -0.62  

Very good reverse predictability

Sextant Bond Income has very good reverse predictability. Overlapping area represents the amount of predictability between Sextant Bond time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 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 Sextant Bond Income price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Sextant Bond price fluctuation can be explain by its past prices.
Correlation Coefficient-0.62
Spearman Rank Test-0.22
Residual Average0.0
Price Variance0.01

Sextant Bond Income lagged returns against current returns

Autocorrelation, which is Sextant Bond 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 Sextant Bond's mutual fund expected returns. We can calculate the autocorrelation of Sextant Bond returns to help us make a trade decision. For example, suppose you find that Sextant Bond 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  

Sextant Bond 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 Sextant Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sextant Bond mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sextant Bond mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Sextant Bond Lagged Returns

When evaluating Sextant Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sextant Bond mutual fund have on its future price. Sextant Bond 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, Sextant Bond autocorrelation shows the relationship between Sextant Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sextant Bond Income.
   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 Sextant Mutual Fund

Sextant Bond financial ratios help investors to determine whether Sextant 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 Sextant with respect to the benefits of owning Sextant Bond security.
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