Steward Ered Call Fund Market Value

SCJIX Fund  USD 8.59  0.02  0.23%   
Steward Ered's market value is the price at which a share of Steward Ered trades on a public exchange. It measures the collective expectations of Steward Ered Call investors about its performance. Steward Ered is trading at 8.59 as of the 10th of December 2024; that is 0.23 percent down since the beginning of the trading day. The fund's open price was 8.61.
With this module, you can estimate the performance of a buy and hold strategy of Steward Ered Call and determine expected loss or profit from investing in Steward Ered over a given investment horizon. Check out Steward Ered Correlation, Steward Ered Volatility and Steward Ered Alpha and Beta module to complement your research on Steward Ered.
Symbol

Please note, there is a significant difference between Steward Ered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steward Ered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steward Ered'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.

Steward Ered '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 Steward Ered'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 Steward Ered.
0.00
11/10/2024
No Change 0.00  0.0 
In 30 days
12/10/2024
0.00
If you would invest  0.00  in Steward Ered on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding Steward Ered Call or generate 0.0% return on investment in Steward Ered over 30 days. Steward Ered is related to or competes with Dunham Real, Simt Real, Deutsche Real, Amg Managers, Prudential Real, Franklin Real, and Jhancock Real. The fund invests in a portfolio of large cap, dividend paying, equity securities that are listed on U.S More

Steward Ered 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 Steward Ered'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 Steward Ered Call upside and downside potential and time the market with a certain degree of confidence.

Steward Ered Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Steward Ered's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steward Ered's standard deviation. In reality, there are many statistical measures that can use Steward Ered historical prices to predict the future Steward Ered's volatility.
Hype
Prediction
LowEstimatedHigh
8.188.599.00
Details
Intrinsic
Valuation
LowRealHigh
8.148.558.96
Details
Naive
Forecast
LowNextHigh
8.228.639.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.518.588.64
Details

Steward Ered Call Backtested Returns

At this stage we consider Steward Mutual Fund to be very steady. Steward Ered Call owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the fund had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Steward Ered Call, which you can use to evaluate the volatility of the fund. Please validate Steward Ered's Risk Adjusted Performance of 0.1858, semi deviation of 0.1299, and Coefficient Of Variation of 378.58 to confirm if the risk estimate we provide is consistent with the expected return of 0.0843%. The entity has a beta of 0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Steward Ered's returns are expected to increase less than the market. However, during the bear market, the loss of holding Steward Ered is expected to be smaller as well.

Auto-correlation

    
  -0.88  

Excellent reverse predictability

Steward Ered Call has excellent reverse predictability. Overlapping area represents the amount of predictability between Steward Ered time series from 10th of November 2024 to 25th of November 2024 and 25th of November 2024 to 10th 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 Steward Ered Call price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Steward Ered price fluctuation can be explain by its past prices.
Correlation Coefficient-0.88
Spearman Rank Test-0.59
Residual Average0.0
Price Variance0.0

Steward Ered Call lagged returns against current returns

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

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

Steward Ered Lagged Returns

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

Steward Ered financial ratios help investors to determine whether Steward 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 Steward with respect to the benefits of owning Steward Ered security.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Transaction History
View history of all your transactions and understand their impact on performance
Equity Valuation
Check real value of public entities based on technical and fundamental data