Sgi Prudent Growth Fund Market Value
| SGPGX Fund | USD 10.79 0.02 0.19% |
| Symbol | Sgi |
Sgi Prudent '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 Sgi Prudent'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 Sgi Prudent.
| 02/11/2025 |
| 03/13/2025 |
If you would invest 0.00 in Sgi Prudent on February 11, 2025 and sell it all today you would earn a total of 0.00 from holding Sgi Prudent Growth or generate 0.0% return on investment in Sgi Prudent over 30 days. Sgi Prudent is related to or competes with Rbb Fund, Rational Dividend, and Arrow Managed. The fund invests in securities of affiliated and unaffiliated open-end mutual funds and ETFs More
Sgi Prudent 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 Sgi Prudent'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 Sgi Prudent Growth upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.067 | |||
| Maximum Drawdown | 2.99 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.7279 |
Sgi Prudent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sgi Prudent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sgi Prudent's standard deviation. In reality, there are many statistical measures that can use Sgi Prudent historical prices to predict the future Sgi Prudent's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0105 | |||
| Treynor Ratio | (0.17) |
Sgi Prudent Growth Backtested Returns
Sgi Prudent Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the fund had a -0.12 % return per unit of risk over the last 3 months. Sgi Prudent Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sgi Prudent's Variance of 0.3912, risk adjusted performance of (0.10), and Coefficient Of Variation of (836.04) to confirm the risk estimate we provide. The entity has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sgi Prudent's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sgi Prudent is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
Sgi Prudent Growth has good predictability. Overlapping area represents the amount of predictability between Sgi Prudent time series from 11th of February 2025 to 26th of February 2025 and 26th of February 2025 to 13th 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 Sgi Prudent Growth price movement. The serial correlation of 0.66 indicates that around 66.0% of current Sgi Prudent price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sgi Prudent Growth lagged returns against current returns
Autocorrelation, which is Sgi Prudent 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 Sgi Prudent's mutual fund expected returns. We can calculate the autocorrelation of Sgi Prudent returns to help us make a trade decision. For example, suppose you find that Sgi Prudent 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 |
Sgi Prudent 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 Sgi Prudent mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sgi Prudent mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sgi Prudent mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sgi Prudent Lagged Returns
When evaluating Sgi Prudent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sgi Prudent mutual fund have on its future price. Sgi Prudent 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, Sgi Prudent autocorrelation shows the relationship between Sgi Prudent mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sgi Prudent Growth.
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 Sgi Mutual Fund
Sgi Prudent financial ratios help investors to determine whether Sgi 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 Sgi with respect to the benefits of owning Sgi Prudent security.
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