Scout E Plus Fund Market Value
| SCPZX Fund | USD 29.13 0.06 0.21% |
| Symbol | Scout |
Scout Core '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 Scout Core'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 Scout Core.
| 10/01/2024 |
| 12/30/2024 |
If you would invest 0.00 in Scout Core on October 1, 2024 and sell it all today you would earn a total of 0.00 from holding Scout E Plus or generate 0.0% return on investment in Scout Core over 90 days. Scout Core is related to or competes with Ab Small, Small Company, Artisan Small, and Touchstone Mid. Under normal circumstances, the fund invests at least 80 percent of its net assets in bonds of varying maturities, inclu... More
Scout Core 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 Scout Core'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 Scout E Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 1.83 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.4682 |
Scout Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scout Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scout Core's standard deviation. In reality, there are many statistical measures that can use Scout Core historical prices to predict the future Scout Core's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (2.54) |
Scout E Plus Backtested Returns
Scout E Plus 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. Scout E Plus exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scout Core's Risk Adjusted Performance of (0.18), variance of 0.118, and Coefficient Of Variation of (478.22) to confirm the risk estimate we provide. The entity has a beta of 0.0322, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Scout Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scout Core is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
Scout E Plus has below average predictability. Overlapping area represents the amount of predictability between Scout Core time series from 1st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Scout E Plus price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Scout Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Scout E Plus lagged returns against current returns
Autocorrelation, which is Scout Core 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 Scout Core's mutual fund expected returns. We can calculate the autocorrelation of Scout Core returns to help us make a trade decision. For example, suppose you find that Scout Core 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 |
Scout Core 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 Scout Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scout Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scout Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Scout Core Lagged Returns
When evaluating Scout Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scout Core mutual fund have on its future price. Scout Core 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, Scout Core autocorrelation shows the relationship between Scout Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Scout E Plus.
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 Scout Mutual Fund
Scout Core financial ratios help investors to determine whether Scout 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 Scout with respect to the benefits of owning Scout Core security.
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