Clearbridge Mid Cap Fund Market Value
| SBMLX Fund | USD 26.22 0.10 0.38% |
| Symbol | Clearbridge |
Clearbridge Mid '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 Mid'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 Mid.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Clearbridge Mid on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Clearbridge Mid Cap or generate 0.0% return on investment in Clearbridge Mid over 720 days. Clearbridge Mid is related to or competes with Short-term Government, Prudential Government, Fidelity Series, Blackrock, and Virtus Seix. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purpo... More
Clearbridge Mid 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 Mid'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 Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8787 | |||
| Information Ratio | 0.0501 | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.38 |
Clearbridge Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Mid's standard deviation. In reality, there are many statistical measures that can use Clearbridge Mid historical prices to predict the future Clearbridge Mid's volatility.| Risk Adjusted Performance | 0.1558 | |||
| Jensen Alpha | 0.0381 | |||
| Total Risk Alpha | 0.0216 | |||
| Sortino Ratio | 0.0518 | |||
| Treynor Ratio | 0.1637 |
Clearbridge Mid Cap Backtested Returns
Clearbridge Mid appears to be very steady, given 3 months investment horizon. Clearbridge Mid Cap secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the fund had a 0.24% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Clearbridge Mid Cap, which you can use to evaluate the volatility of the entity. Please makes use of Clearbridge Mid's mean deviation of 0.6813, and Risk Adjusted Performance of 0.1558 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. Clearbridge Mid returns are very sensitive to returns on the market. As the market goes up or down, Clearbridge Mid is expected to follow.
Auto-correlation | -0.28 |
Weak reverse predictability
Clearbridge Mid Cap has weak reverse predictability. Overlapping area represents the amount of predictability between Clearbridge Mid time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 Clearbridge Mid Cap price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Clearbridge Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.93 |
Clearbridge Mid Cap lagged returns against current returns
Autocorrelation, which is Clearbridge Mid 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 Mid's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Mid returns to help us make a trade decision. For example, suppose you find that Clearbridge Mid 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 Mid 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 Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Mid 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 Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Mid Lagged Returns
When evaluating Clearbridge Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Mid mutual fund have on its future price. Clearbridge Mid 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 Mid autocorrelation shows the relationship between Clearbridge Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Mid Cap.
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 Clearbridge Mutual Fund
Clearbridge Mid 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 Mid security.
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