Sa International Value Fund Market Value

SAHMX Fund  USD 13.57  0.07  0.51%   
Sa International's market value is the price at which a share of Sa International trades on a public exchange. It measures the collective expectations of Sa International Value investors about its performance. Sa International is trading at 13.57 as of the 4th of December 2024; that is 0.51 percent decrease since the beginning of the trading day. The fund's open price was 13.64.
With this module, you can estimate the performance of a buy and hold strategy of Sa International Value and determine expected loss or profit from investing in Sa International over a given investment horizon. Check out Sa International Correlation, Sa International Volatility and Sa International Alpha and Beta module to complement your research on Sa International.
Symbol

Please note, there is a significant difference between Sa International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sa International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sa International'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.

Sa International '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 Sa International'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 Sa International.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in Sa International on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Sa International Value or generate 0.0% return on investment in Sa International over 30 days. Sa International is related to or competes with Sa Value, Sa Emerging, Sa Mkt, Sa Real, Sa Us, and Sa Worldwide. The fund is designed to purchase securities of large non-U.S More

Sa International 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 Sa International'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 Sa International Value upside and downside potential and time the market with a certain degree of confidence.

Sa International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sa International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sa International's standard deviation. In reality, there are many statistical measures that can use Sa International historical prices to predict the future Sa International's volatility.
Hype
Prediction
LowEstimatedHigh
12.8913.6414.39
Details
Intrinsic
Valuation
LowRealHigh
12.9413.6914.44
Details
Naive
Forecast
LowNextHigh
12.9813.7214.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.4713.5513.63
Details

Sa International Value Backtested Returns

Sa International Value retains Efficiency (Sharpe Ratio) of -0.0252, which indicates the fund had a -0.0252% return per unit of price deviation over the last 3 months. Sa International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sa International's Standard Deviation of 0.7513, risk adjusted performance of (0.04), and Mean Deviation of 0.5873 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sa International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sa International is expected to be smaller as well.

Auto-correlation

    
  -0.58  

Good reverse predictability

Sa International Value has good reverse predictability. Overlapping area represents the amount of predictability between Sa International time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Sa International Value price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Sa International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.58
Spearman Rank Test-0.56
Residual Average0.0
Price Variance0.0

Sa International Value lagged returns against current returns

Autocorrelation, which is Sa International 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 Sa International's mutual fund expected returns. We can calculate the autocorrelation of Sa International returns to help us make a trade decision. For example, suppose you find that Sa International 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  

Sa International 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 Sa International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sa International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sa International mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Sa International Lagged Returns

When evaluating Sa International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sa International mutual fund have on its future price. Sa International 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, Sa International autocorrelation shows the relationship between Sa International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sa International 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 SAHMX Mutual Fund

Sa International financial ratios help investors to determine whether SAHMX 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 SAHMX with respect to the benefits of owning Sa International security.
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Bonds Directory
Find actively traded corporate debentures issued by US companies
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets