Energy Basic Materials Fund Market Value
| SEPCX Fund | USD 9.64 0.04 0.42% |
| Symbol | Energy |
Energy Basic '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 Energy Basic'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 Energy Basic.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in Energy Basic on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Energy Basic Materials or generate 0.0% return on investment in Energy Basic over 720 days. Energy Basic is related to or competes with Ashmore Emerging, Rbc Emerging, Siit Emerging, Doubleline Emerging, Commodities Strategy, and Transamerica Emerging. The fund will normally invest at least 80 percent of its total assets in equity securities issued by U.S More
Energy Basic 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 Energy Basic'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 Energy Basic Materials upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 3.45 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.22 |
Energy Basic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Basic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energy Basic's standard deviation. In reality, there are many statistical measures that can use Energy Basic historical prices to predict the future Energy Basic's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Energy Basic'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.
Energy Basic Materials Backtested Returns
Energy Basic Materials secures Sharpe Ratio (or Efficiency) of -0.0959, which denotes the fund had a -0.0959 % return per unit of risk over the last 3 months. Energy Basic Materials exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energy Basic's Variance of 0.8058, mean deviation of 0.7116, and Standard Deviation of 0.8977 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Energy Basic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Energy Basic is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Energy Basic Materials has good reverse predictability. Overlapping area represents the amount of predictability between Energy Basic time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 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 Energy Basic Materials price movement. The serial correlation of -0.51 indicates that about 51.0% of current Energy Basic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Energy Basic Materials lagged returns against current returns
Autocorrelation, which is Energy Basic 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 Energy Basic's mutual fund expected returns. We can calculate the autocorrelation of Energy Basic returns to help us make a trade decision. For example, suppose you find that Energy Basic 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 |
Energy Basic 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 Energy Basic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energy Basic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energy Basic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Energy Basic Lagged Returns
When evaluating Energy Basic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energy Basic mutual fund have on its future price. Energy Basic 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, Energy Basic autocorrelation shows the relationship between Energy Basic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Energy Basic Materials.
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 Energy Mutual Fund
Energy Basic financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Basic security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |