Cornerstone Moderate Fund Market Value
| USBSX Fund | USD 15.06 0.05 0.33% |
| Symbol | Cornerstone |
Cornerstone Moderate '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 Cornerstone Moderate'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 Cornerstone Moderate.
| 01/31/2023 |
| 01/20/2025 |
If you would invest 0.00 in Cornerstone Moderate on January 31, 2023 and sell it all today you would earn a total of 0.00 from holding Cornerstone Moderate Fund or generate 0.0% return on investment in Cornerstone Moderate over 720 days. Cornerstone Moderate is related to or competes with Artisan Select, Old Westbury, Dreyfus/standish, Rbc Global, Qs Global, and Us Vector. The fund invests in equity securities, bonds, money market instruments, and other instruments including derivatives More
Cornerstone Moderate 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 Cornerstone Moderate'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 Cornerstone Moderate Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.21 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.6406 |
Cornerstone Moderate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cornerstone Moderate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cornerstone Moderate's standard deviation. In reality, there are many statistical measures that can use Cornerstone Moderate historical prices to predict the future Cornerstone Moderate's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cornerstone Moderate'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.
Cornerstone Moderate Backtested Returns
Cornerstone Moderate secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the fund had a -0.11 % return per unit of risk over the last 3 months. Cornerstone Moderate Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cornerstone Moderate's Risk Adjusted Performance of (0.11), standard deviation of 0.592, and Mean Deviation of 0.3663 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cornerstone Moderate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cornerstone Moderate is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
Cornerstone Moderate Fund has virtually no predictability. Overlapping area represents the amount of predictability between Cornerstone Moderate time series from 31st of January 2023 to 26th of January 2024 and 26th of January 2024 to 20th of January 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 Cornerstone Moderate price movement. The serial correlation of 0.02 indicates that only 2.0% of current Cornerstone Moderate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Cornerstone Moderate lagged returns against current returns
Autocorrelation, which is Cornerstone Moderate 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 Cornerstone Moderate's mutual fund expected returns. We can calculate the autocorrelation of Cornerstone Moderate returns to help us make a trade decision. For example, suppose you find that Cornerstone Moderate 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 |
Cornerstone Moderate 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 Cornerstone Moderate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cornerstone Moderate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cornerstone Moderate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cornerstone Moderate Lagged Returns
When evaluating Cornerstone Moderate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cornerstone Moderate mutual fund have on its future price. Cornerstone Moderate 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, Cornerstone Moderate autocorrelation shows the relationship between Cornerstone Moderate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cornerstone Moderate Fund.
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 Cornerstone Mutual Fund
Cornerstone Moderate financial ratios help investors to determine whether Cornerstone 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 Cornerstone with respect to the benefits of owning Cornerstone Moderate security.
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