Aggressive Balanced Allocation Fund Market Value
| SABIX Fund | USD 12.52 0.03 0.24% |
| Symbol | Aggressive |
Aggressive Balanced '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 Aggressive Balanced'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 Aggressive Balanced.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Aggressive Balanced on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Aggressive Balanced Allocation or generate 0.0% return on investment in Aggressive Balanced over 30 days. Aggressive Balanced is related to or competes with Fpa Queens, Ultramid-cap Profund, Boston Partners, Columbia Small, Mutual Of, Ab Discovery, and Royce Opportunity. The Portfolios main investment strategy is to invest in other Saratoga Advantage Trust mutual funds andor unaffiliated r... More
Aggressive Balanced 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 Aggressive Balanced'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 Aggressive Balanced Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6068 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 2.94 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 1.16 |
Aggressive Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aggressive Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aggressive Balanced's standard deviation. In reality, there are many statistical measures that can use Aggressive Balanced historical prices to predict the future Aggressive Balanced's volatility.| Risk Adjusted Performance | 0.1162 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1473 |
Aggressive Balanced Backtested Returns
At this stage we consider Aggressive Mutual Fund to be very steady. Aggressive Balanced secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Aggressive Balanced Allocation, which you can use to evaluate the volatility of the entity. Please confirm Aggressive Balanced's mean deviation of 0.4268, and Risk Adjusted Performance of 0.1162 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aggressive Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aggressive Balanced is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Aggressive Balanced Allocation has excellent predictability. Overlapping area represents the amount of predictability between Aggressive Balanced time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Aggressive Balanced price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Aggressive Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Aggressive Balanced lagged returns against current returns
Autocorrelation, which is Aggressive Balanced 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 Aggressive Balanced's mutual fund expected returns. We can calculate the autocorrelation of Aggressive Balanced returns to help us make a trade decision. For example, suppose you find that Aggressive Balanced 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 |
Aggressive Balanced 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 Aggressive Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aggressive Balanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aggressive Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aggressive Balanced Lagged Returns
When evaluating Aggressive Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aggressive Balanced mutual fund have on its future price. Aggressive Balanced 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, Aggressive Balanced autocorrelation shows the relationship between Aggressive Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aggressive Balanced Allocation.
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 Aggressive Mutual Fund
Aggressive Balanced financial ratios help investors to determine whether Aggressive 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 Aggressive with respect to the benefits of owning Aggressive Balanced security.
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