Shelton E Value Fund Market Value
| EQTIX Fund | USD 18.06 0.05 0.28% |
| Symbol | Shelton |
Shelton E '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 Shelton E'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 Shelton E.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Shelton E on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Shelton E Value or generate 0.0% return on investment in Shelton E over 30 days. Shelton E is related to or competes with Jpmorgan Research, Jpmorgan Research, Jpmorgan Equity, Goldman Sachs, Goldman Sachs, Goldman Sachs, and Goldman Sachs. The fund invests primarily in U.S. equity securities that generate a relatively high level of dividend income and have t... More
Shelton E 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 Shelton E'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 Shelton E Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6374 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.78 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 0.8839 |
Shelton E Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shelton E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shelton E's standard deviation. In reality, there are many statistical measures that can use Shelton E historical prices to predict the future Shelton E's volatility.| Risk Adjusted Performance | 0.1146 | |||
| Jensen Alpha | 0.0031 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1201 |
Shelton E Value Backtested Returns
At this stage we consider Shelton Mutual Fund to be very steady. Shelton E Value 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 Shelton E Value, which you can use to evaluate the volatility of the fund. Please validate Shelton E's Risk Adjusted Performance of 0.1146, coefficient of variation of 650.8, and Semi Deviation of 0.4935 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shelton E's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shelton E is expected to be smaller as well.
Auto-correlation | 0.97 |
Excellent predictability
Shelton E Value has excellent predictability. Overlapping area represents the amount of predictability between Shelton E time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Shelton E Value price movement. The serial correlation of 0.97 indicates that 97.0% of current Shelton E price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Shelton E Value lagged returns against current returns
Autocorrelation, which is Shelton E 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 Shelton E's mutual fund expected returns. We can calculate the autocorrelation of Shelton E returns to help us make a trade decision. For example, suppose you find that Shelton E 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 |
Shelton E 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 Shelton E mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shelton E mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shelton E mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Shelton E Lagged Returns
When evaluating Shelton E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shelton E mutual fund have on its future price. Shelton E 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, Shelton E autocorrelation shows the relationship between Shelton E mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Shelton E 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 Shelton Mutual Fund
Shelton E financial ratios help investors to determine whether Shelton 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 Shelton with respect to the benefits of owning Shelton E security.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |