Sdit Gnma Fund Market Value
| SEGMX Fund | USD 8.98 0.01 0.11% |
| Symbol | Sdit |
Sdit Gnma '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 Sdit Gnma'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 Sdit Gnma.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Sdit Gnma on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Sdit Gnma Fund or generate 0.0% return on investment in Sdit Gnma over 720 days. Sdit Gnma is related to or competes with Transamerica Financial, 1919 Financial, Gabelli Global, Prudential Financial, Royce Global, and Icon Financial. The fund invests at least 80 percent of its net assets in mortgage-backed securities issued by the Government National M... More
Sdit Gnma 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 Sdit Gnma'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 Sdit Gnma Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.3375 |
Sdit Gnma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sdit Gnma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sdit Gnma's standard deviation. In reality, there are many statistical measures that can use Sdit Gnma historical prices to predict the future Sdit Gnma's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.6076 |
Sdit Gnma Fund Backtested Returns
Sdit Gnma Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the fund had a -0.11% return per unit of risk over the last 3 months. Sdit Gnma Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sdit Gnma's Variance of 0.0769, coefficient of variation of (1,883), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of -0.0407, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sdit Gnma are expected to decrease at a much lower rate. During the bear market, Sdit Gnma is likely to outperform the market.
Auto-correlation | -0.67 |
Very good reverse predictability
Sdit Gnma Fund has very good reverse predictability. Overlapping area represents the amount of predictability between Sdit Gnma time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Sdit Gnma Fund price movement. The serial correlation of -0.67 indicates that around 67.0% of current Sdit Gnma price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Sdit Gnma Fund lagged returns against current returns
Autocorrelation, which is Sdit Gnma 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 Sdit Gnma's mutual fund expected returns. We can calculate the autocorrelation of Sdit Gnma returns to help us make a trade decision. For example, suppose you find that Sdit Gnma 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 |
Sdit Gnma 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 Sdit Gnma mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sdit Gnma mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sdit Gnma mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sdit Gnma Lagged Returns
When evaluating Sdit Gnma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sdit Gnma mutual fund have on its future price. Sdit Gnma 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, Sdit Gnma autocorrelation shows the relationship between Sdit Gnma mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sdit Gnma Fund.
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 Sdit Mutual Fund
Sdit Gnma financial ratios help investors to determine whether Sdit 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 Sdit with respect to the benefits of owning Sdit Gnma security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |