Qs Servative Growth Fund Market Value
| SCBCX Fund | USD 15.85 0.15 0.94% |
| Symbol | SCBCX |
Qs Conservative '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 Conservative'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 Conservative.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Qs Conservative on January 30, 2025 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 Conservative over 30 days. Qs Conservative is related to or competes with Transamerica Mlp, Oil Gas, Fidelity Advisor, Adams Natural, Pimco Energy, Franklin Natural, and Thrivent Natural. The fund is a fund of fundsit invests in other mutual funds and may also invest in exchange-traded funds More
Qs Conservative 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 Conservative'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 | 0.6583 | |||
| Information Ratio | 0.0357 | |||
| Maximum Drawdown | 2.5 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 0.7571 |
Qs Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qs Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qs Conservative's standard deviation. In reality, there are many statistical measures that can use Qs Conservative historical prices to predict the future Qs Conservative's volatility.| Risk Adjusted Performance | 0.0047 | |||
| Jensen Alpha | 0.0056 | |||
| Total Risk Alpha | 0.0129 | |||
| Sortino Ratio | 0.0291 | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qs Conservative'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.
Qs Servative Growth Backtested Returns
Qs Servative Growth retains Efficiency (Sharpe Ratio) of -0.0527, which implies the entity had a -0.0527 % return per unit of price deviation over the last 3 months. Qs Conservative exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qs Conservative's standard deviation of 0.5366, and Market Risk Adjusted Performance of 7.0E-4 to confirm the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Qs Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qs Conservative is expected to be smaller as well.
Auto-correlation | -0.5 |
Modest reverse predictability
Qs Servative Growth has modest reverse predictability. Overlapping area represents the amount of predictability between Qs Conservative time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 2025. 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 -0.5 indicates that about 50.0% of current Qs Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Qs Servative Growth lagged returns against current returns
Autocorrelation, which is Qs Conservative 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 Conservative's mutual fund expected returns. We can calculate the autocorrelation of Qs Conservative returns to help us make a trade decision. For example, suppose you find that Qs Conservative 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 Conservative 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 Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qs Conservative 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 Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Qs Conservative Lagged Returns
When evaluating Qs Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qs Conservative mutual fund have on its future price. Qs Conservative 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 Conservative autocorrelation shows the relationship between Qs Conservative 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 SCBCX Mutual Fund
Qs Conservative financial ratios help investors to determine whether SCBCX 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 SCBCX with respect to the benefits of owning Qs Conservative security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |