Cornerstone Servative Fund Market Value
| USCCX Fund | USD 10.76 0.09 0.83% |
| Symbol | Cornerstone |
Cornerstone Conservative '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 Conservative'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 Conservative.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Cornerstone Conservative on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Cornerstone Servative Fund or generate 0.0% return on investment in Cornerstone Conservative over 90 days. Cornerstone Conservative is related to or competes with Simt High, Pace High, Aim Counselor, Strategic Advisers, Prudential High, Lord Abbett, and Neuberger Berman. The funds principal investment strategy is to invest its assets in a selection of affiliated mutual funds and exchange-t... More
Cornerstone Conservative 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 Conservative'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 Servative Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3434 | |||
| Information Ratio | 0.3098 | |||
| Maximum Drawdown | 1.3 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.3742 |
Cornerstone Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cornerstone Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cornerstone Conservative's standard deviation. In reality, there are many statistical measures that can use Cornerstone Conservative historical prices to predict the future Cornerstone Conservative's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0233 | |||
| Sortino Ratio | 0.2583 | |||
| Treynor Ratio | 0.1814 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cornerstone Conservative'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 Conservative Backtested Returns
At this stage we consider Cornerstone Mutual Fund to be very steady. Cornerstone Conservative secures Sharpe Ratio (or Efficiency) of 0.0954, which signifies that the fund had a 0.0954 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cornerstone Servative Fund, which you can use to evaluate the volatility of the entity. Please confirm Cornerstone Conservative's Risk Adjusted Performance of (0.02), downside deviation of 0.3434, and Mean Deviation of 0.202 to double-check if the risk estimate we provide is consistent with the expected return of 0.0258%. The fund shows a Beta (market volatility) of -0.0452, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cornerstone Conservative are expected to decrease at a much lower rate. During the bear market, Cornerstone Conservative is likely to outperform the market.
Auto-correlation | 0.09 |
Virtually no predictability
Cornerstone Servative Fund has virtually no predictability. Overlapping area represents the amount of predictability between Cornerstone Conservative time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Cornerstone Conservative price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Cornerstone Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cornerstone Conservative lagged returns against current returns
Autocorrelation, which is Cornerstone Conservative 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 Conservative's mutual fund expected returns. We can calculate the autocorrelation of Cornerstone Conservative returns to help us make a trade decision. For example, suppose you find that Cornerstone Conservative 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 Conservative 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 Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cornerstone Conservative 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 Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cornerstone Conservative Lagged Returns
When evaluating Cornerstone Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cornerstone Conservative mutual fund have on its future price. Cornerstone Conservative 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 Conservative autocorrelation shows the relationship between Cornerstone Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cornerstone Servative 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 Conservative 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 Conservative security.
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