Simt Multi Asset Capital Fund Market Value
| SCLAX Fund | USD 10.60 0.01 0.09% |
| Symbol | Simt |
Simt Multi '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 Simt Multi'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 Simt Multi.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Simt Multi on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Simt Multi Asset Capital or generate 0.0% return on investment in Simt Multi over 360 days. Simt Multi is related to or competes with Transamerica Intermediate, Baird Strategic, Morningstar Municipal, Gamco Global, T Rowe, Old Westbury, and Pace Municipal. The advisor will attempt to manage the risk of loss while still seeking to generate some growth by selecting investments... More
Simt Multi 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 Simt Multi'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 Simt Multi Asset Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1656 | |||
| Information Ratio | (0.79) | |||
| Maximum Drawdown | 0.5701 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.1907 |
Simt Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simt Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simt Multi's standard deviation. In reality, there are many statistical measures that can use Simt Multi historical prices to predict the future Simt Multi's volatility.| Risk Adjusted Performance | 0.041 | |||
| Jensen Alpha | 0.0021 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.66) | |||
| Treynor Ratio | 0.176 |
Simt Multi Asset Backtested Returns
At this stage we consider Simt Mutual Fund to be very steady. Simt Multi Asset owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.056, which indicates the fund had a 0.056% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Simt Multi Asset Capital, which you can use to evaluate the volatility of the fund. Please validate Simt Multi's Risk Adjusted Performance of 0.041, downside deviation of 0.1656, and Standard Deviation of 0.1378 to confirm if the risk estimate we provide is consistent with the expected return of 0.0076%. The entity has a beta of 0.0336, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Simt Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Simt Multi is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
Simt Multi Asset Capital has very good predictability. Overlapping area represents the amount of predictability between Simt Multi time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Simt Multi Asset price movement. The serial correlation of 0.81 indicates that around 81.0% of current Simt Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Simt Multi Asset lagged returns against current returns
Autocorrelation, which is Simt Multi 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 Simt Multi's mutual fund expected returns. We can calculate the autocorrelation of Simt Multi returns to help us make a trade decision. For example, suppose you find that Simt Multi 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 |
Simt Multi 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 Simt Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simt Multi mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simt Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Simt Multi Lagged Returns
When evaluating Simt Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simt Multi mutual fund have on its future price. Simt Multi 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, Simt Multi autocorrelation shows the relationship between Simt Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Simt Multi Asset Capital.
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 Simt Mutual Fund
Simt Multi financial ratios help investors to determine whether Simt 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 Simt with respect to the benefits of owning Simt Multi security.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |