Smead International Value Fund Market Value
| SVXCX Fund | USD 54.47 1.05 1.97% |
| Symbol | Smead |
Smead International '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 Smead International'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 Smead International.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Smead International on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Smead International Value or generate 0.0% return on investment in Smead International over 90 days. Smead International is related to or competes with Gmo High, Intal High, Guggenheim High, Transamerica High, and Aqr Risk. Under normal market circumstances, the fund will invest at least 80 percent of its net assets in the stock of non-U.S More
Smead International 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 Smead International'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 Smead International Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.0 | |||
| Information Ratio | 0.1973 | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.5 |
Smead International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smead International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smead International's standard deviation. In reality, there are many statistical measures that can use Smead International historical prices to predict the future Smead International's volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | 0.1611 | |||
| Total Risk Alpha | 0.2144 | |||
| Sortino Ratio | 0.1971 | |||
| Treynor Ratio | 0.134 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Smead International'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.
Smead International Value Backtested Returns
At this stage we consider Smead Mutual Fund to be very steady. Smead International Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.088, which indicates the fund had a 0.088 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Smead International Value, which you can use to evaluate the volatility of the fund. Please validate Smead International's Coefficient Of Variation of 1015.04, semi deviation of 0.8988, and Risk Adjusted Performance of 0.0871 to confirm if the risk estimate we provide is consistent with the expected return of 0.0921%. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Smead International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smead International is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Smead International Value has below average predictability. Overlapping area represents the amount of predictability between Smead International time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Smead International Value price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Smead International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Smead International Value lagged returns against current returns
Autocorrelation, which is Smead International 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 Smead International's mutual fund expected returns. We can calculate the autocorrelation of Smead International returns to help us make a trade decision. For example, suppose you find that Smead International 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 |
Smead International 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 Smead International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smead International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smead International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Smead International Lagged Returns
When evaluating Smead International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smead International mutual fund have on its future price. Smead International 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, Smead International autocorrelation shows the relationship between Smead International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Smead International Value.
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 Smead Mutual Fund
Smead International financial ratios help investors to determine whether Smead 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 Smead with respect to the benefits of owning Smead International security.
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