Clearbridge Dividend Strategy Fund Market Value
| SBPLX Fund | USD 32.53 0.01 0.03% |
| Symbol | Clearbridge |
Clearbridge Dividend '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 Clearbridge Dividend'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 Clearbridge Dividend.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Clearbridge Dividend on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge Dividend Strategy or generate 0.0% return on investment in Clearbridge Dividend over 30 days. Clearbridge Dividend is related to or competes with Kinetics Small, Tax-managed, Jpmorgan Small, Ab Small, Vanguard Small-cap, The Hartford, and Artisan Small. Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus borrowings for investment p... More
Clearbridge Dividend 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 Clearbridge Dividend'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 Clearbridge Dividend Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5478 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.21 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 0.8772 |
Clearbridge Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Dividend's standard deviation. In reality, there are many statistical measures that can use Clearbridge Dividend historical prices to predict the future Clearbridge Dividend's volatility.| Risk Adjusted Performance | 0.1354 | |||
| Jensen Alpha | 0.0169 | |||
| Total Risk Alpha | 0.0081 | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1386 |
Clearbridge Dividend Backtested Returns
At this stage we consider Clearbridge Mutual Fund to be out of control. Clearbridge Dividend secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Clearbridge Dividend Strategy, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge Dividend's mean deviation of 0.4687, and Risk Adjusted Performance of 0.1354 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clearbridge Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clearbridge Dividend is expected to be smaller as well.
Auto-correlation | 0.92 |
Excellent predictability
Clearbridge Dividend Strategy has excellent predictability. Overlapping area represents the amount of predictability between Clearbridge Dividend time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Clearbridge Dividend price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Clearbridge Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Clearbridge Dividend lagged returns against current returns
Autocorrelation, which is Clearbridge Dividend 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 Clearbridge Dividend's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Dividend returns to help us make a trade decision. For example, suppose you find that Clearbridge Dividend 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 |
Clearbridge Dividend 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 Clearbridge Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Dividend mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clearbridge Dividend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Dividend Lagged Returns
When evaluating Clearbridge Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Dividend mutual fund have on its future price. Clearbridge Dividend 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, Clearbridge Dividend autocorrelation shows the relationship between Clearbridge Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Dividend Strategy.
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 Clearbridge Mutual Fund
Clearbridge Dividend financial ratios help investors to determine whether Clearbridge 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 Clearbridge with respect to the benefits of owning Clearbridge Dividend security.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |