Steward Small Mid Cap Fund Market Value

SSMOX Fund  USD 12.84  0.05  0.39%   
Steward Small-mid's market value is the price at which a share of Steward Small-mid trades on a public exchange. It measures the collective expectations of Steward Small Mid Cap investors about its performance. Steward Small-mid is trading at 12.84 as of the 5th of December 2024; that is 0.39 percent up since the beginning of the trading day. The fund's open price was 12.79.
With this module, you can estimate the performance of a buy and hold strategy of Steward Small Mid Cap and determine expected loss or profit from investing in Steward Small-mid over a given investment horizon. Check out Steward Small-mid Correlation, Steward Small-mid Volatility and Steward Small-mid Alpha and Beta module to complement your research on Steward Small-mid.
Symbol

Please note, there is a significant difference between Steward Small-mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steward Small-mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steward Small-mid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Steward Small-mid '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 Small-mid'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 Steward Small-mid.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/05/2024
0.00
If you would invest  0.00  in Steward Small-mid on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Steward Small Mid Cap or generate 0.0% return on investment in Steward Small-mid over 720 days. Steward Small-mid is related to or competes with Steward Small-mid, Steward Covered, Steward Covered, Steward Covered, Steward Select, Steward Select, and Steward Select. Under normal circumstances, the fund will invest at least 80 percent of its assets in the securities of small- to mid-ca... More

Steward Small-mid 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 Small-mid'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 Steward Small Mid Cap upside and downside potential and time the market with a certain degree of confidence.

Steward Small-mid Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Steward Small-mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steward Small-mid's standard deviation. In reality, there are many statistical measures that can use Steward Small-mid historical prices to predict the future Steward Small-mid's volatility.
Hype
Prediction
LowEstimatedHigh
11.7812.8413.90
Details
Intrinsic
Valuation
LowRealHigh
11.5912.6513.71
Details
Naive
Forecast
LowNextHigh
11.8412.9013.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.4112.6612.91
Details

Steward Small Mid Backtested Returns

Steward Small-mid appears to be very steady, given 3 months investment horizon. Steward Small Mid 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. We have found twenty-seven technical indicators for Steward Small Mid Cap, which you can use to evaluate the volatility of the fund. Please review Steward Small-mid's Risk Adjusted Performance of 0.1024, semi deviation of 0.6892, and Coefficient Of Variation of 745.32 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Steward Small-mid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Steward Small-mid is expected to be smaller as well.

Auto-correlation

    
  -0.07  

Very weak reverse predictability

Steward Small Mid Cap has very weak reverse predictability. Overlapping area represents the amount of predictability between Steward Small-mid time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 Steward Small Mid price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Steward Small-mid price fluctuation can be explain by its past prices.
Correlation Coefficient-0.07
Spearman Rank Test0.01
Residual Average0.0
Price Variance0.31

Steward Small Mid lagged returns against current returns

Autocorrelation, which is Steward Small-mid 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 Small-mid's mutual fund expected returns. We can calculate the autocorrelation of Steward Small-mid returns to help us make a trade decision. For example, suppose you find that Steward Small-mid 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 Small-mid 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 Small-mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steward Small-mid 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 Small-mid mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Steward Small-mid Lagged Returns

When evaluating Steward Small-mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steward Small-mid mutual fund have on its future price. Steward Small-mid 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 Small-mid autocorrelation shows the relationship between Steward Small-mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Steward Small Mid Cap.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Steward Mutual Fund

Steward Small-mid 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 Small-mid security.
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