Steward Funds Fund Market Value
| SJCIX Fund | USD 28.70 0.64 2.18% |
| Symbol | Steward |
Steward Funds '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 Steward Funds' 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 Steward Funds.
| 02/27/2025 |
| 03/29/2025 |
If you would invest 0.00 in Steward Funds on February 27, 2025 and sell it all today you would earn a total of 0.00 from holding Steward Funds or generate 0.0% return on investment in Steward Funds over 30 days. Steward Funds is related to or competes with Rational/pier, Absolute Convertible, and Lord Abbett. The funds principal investment strategy is to invest in a portfolio of large-cap equity securities, subject to the limit... More
Steward Funds 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 Steward Funds' 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 Steward Funds upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.32 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.71 |
Steward Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steward Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steward Funds' standard deviation. In reality, there are many statistical measures that can use Steward Funds historical prices to predict the future Steward Funds' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.09) |
Steward Funds Backtested Returns
Steward Funds owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the fund had a -0.1 % return per unit of risk over the last 3 months. Steward Funds exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Steward Funds' Risk Adjusted Performance of (0.07), variance of 1.12, and Coefficient Of Variation of (1,197) to confirm the risk estimate we provide. The entity has a beta of 1.1, which indicates a somewhat significant risk relative to the market. Steward Funds returns are very sensitive to returns on the market. As the market goes up or down, Steward Funds is expected to follow.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Steward Funds has insignificant reverse predictability. Overlapping area represents the amount of predictability between Steward Funds time series from 27th of February 2025 to 14th of March 2025 and 14th of March 2025 to 29th 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 Steward Funds price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Steward Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Steward Funds lagged returns against current returns
Autocorrelation, which is Steward Funds 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 Steward Funds' mutual fund expected returns. We can calculate the autocorrelation of Steward Funds returns to help us make a trade decision. For example, suppose you find that Steward Funds 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 |
Steward Funds 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 Steward Funds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steward Funds mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Steward Funds mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Steward Funds Lagged Returns
When evaluating Steward Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steward Funds mutual fund have on its future price. Steward Funds 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, Steward Funds autocorrelation shows the relationship between Steward Funds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Steward Funds .
Regressed Prices |
| Timeline |
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Other Information on Investing in Steward Mutual Fund
Steward Funds financial ratios help investors to determine whether Steward 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 Steward with respect to the benefits of owning Steward Funds security.
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