Sa Worldwide Moderate Fund Market Value
| SAWMX Fund | USD 12.38 0.04 0.32% |
| Symbol | SAWMX |
Sa Worldwide '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 Worldwide'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 Worldwide.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Sa Worldwide on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Sa Worldwide Moderate or generate 0.0% return on investment in Sa Worldwide over 390 days. Sa Worldwide is related to or competes with American Funds, Lord Abbett, Short Duration, Blackrock Inflation, and Aqr Managed. The fund adviser currently expects to invests approximately 70 percent of its assets in equity investments and approxima... More
Sa Worldwide 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 Worldwide'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 Worldwide Moderate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3445 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 1.8 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.67 |
Sa Worldwide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sa Worldwide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sa Worldwide's standard deviation. In reality, there are many statistical measures that can use Sa Worldwide historical prices to predict the future Sa Worldwide's volatility.| Risk Adjusted Performance | 0.1051 | |||
| Jensen Alpha | 0.0433 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.7169 |
Sa Worldwide Moderate Backtested Returns
At this stage we consider SAWMX Mutual Fund to be very steady. Sa Worldwide Moderate retains Efficiency (Sharpe Ratio) of 0.0947, which indicates the fund had a 0.0947% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Sa Worldwide, which you can use to evaluate the volatility of the fund. Please validate Sa Worldwide's Risk Adjusted Performance of 0.1051, downside deviation of 0.3445, and Mean Deviation of 0.3027 to confirm if the risk estimate we provide is consistent with the expected return of 0.0356%. The entity owns a Beta (Systematic Risk) of 0.0704, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sa Worldwide's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sa Worldwide is expected to be smaller as well.
Auto-correlation | 0.90 |
Excellent predictability
Sa Worldwide Moderate has excellent predictability. Overlapping area represents the amount of predictability between Sa Worldwide time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Worldwide Moderate price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Sa Worldwide price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Sa Worldwide Moderate lagged returns against current returns
Autocorrelation, which is Sa Worldwide 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 Worldwide's mutual fund expected returns. We can calculate the autocorrelation of Sa Worldwide returns to help us make a trade decision. For example, suppose you find that Sa Worldwide 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 Worldwide 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 Worldwide mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sa Worldwide 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 Worldwide mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sa Worldwide Lagged Returns
When evaluating Sa Worldwide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sa Worldwide mutual fund have on its future price. Sa Worldwide 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 Worldwide autocorrelation shows the relationship between Sa Worldwide mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sa Worldwide Moderate.
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 SAWMX Mutual Fund
Sa Worldwide financial ratios help investors to determine whether SAWMX 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 SAWMX with respect to the benefits of owning Sa Worldwide security.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |