Clearbridge Energy Mlp Fund Market Value
| XCTRX Fund | USD 47.02 0.00 0.00% |
| Symbol | Clearbridge |
Please note, there is a significant difference between Clearbridge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearbridge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearbridge Energy'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.
Clearbridge Energy '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 Clearbridge Energy'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 Clearbridge Energy.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Clearbridge Energy on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge Energy Mlp or generate 0.0% return on investment in Clearbridge Energy over 60 days. Clearbridge Energy is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Clearbridge Energy is entity of United States More
Clearbridge Energy 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 Clearbridge Energy'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 Clearbridge Energy Mlp upside and downside potential and time the market with a certain degree of confidence.
Clearbridge Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Energy's standard deviation. In reality, there are many statistical measures that can use Clearbridge Energy historical prices to predict the future Clearbridge Energy's volatility.Clearbridge Energy Mlp Backtested Returns
We have found three technical indicators for Clearbridge Energy Mlp, which you can use to evaluate the volatility of the entity. The fund shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Clearbridge Energy are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Clearbridge Energy Mlp has perfect predictability. Overlapping area represents the amount of predictability between Clearbridge Energy time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Clearbridge Energy Mlp price movement. The serial correlation of 1.0 indicates that 100.0% of current Clearbridge Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Clearbridge Energy Mlp lagged returns against current returns
Autocorrelation, which is Clearbridge Energy 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 Clearbridge Energy's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Energy returns to help us make a trade decision. For example, suppose you find that Clearbridge Energy 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 |
Clearbridge Energy 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 Clearbridge Energy mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Energy mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clearbridge Energy mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Energy Lagged Returns
When evaluating Clearbridge Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Energy mutual fund have on its future price. Clearbridge Energy 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, Clearbridge Energy autocorrelation shows the relationship between Clearbridge Energy mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Energy Mlp.
Regressed Prices |
| Timeline |
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Other Information on Investing in Clearbridge Mutual Fund
Clearbridge Energy financial ratios help investors to determine whether Clearbridge 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 Clearbridge with respect to the benefits of owning Clearbridge Energy security.
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