The Saratoga Advantage Fund Market Value
| SGAXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Saratoga |
Please note, there is a significant difference between Saratoga Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saratoga Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saratoga Advantage'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.
Saratoga Advantage '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 Saratoga Advantage's money market 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 Saratoga Advantage.
| 09/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Saratoga Advantage on September 4, 2024 and sell it all today you would earn a total of 0.00 from holding The Saratoga Advantage or generate 0.0% return on investment in Saratoga Advantage over 90 days. Saratoga Advantage is related to or competes with Franklin Natural, Salient Mlp, Hennessy, World Energy, Firsthand Alternative, and Goehring Rozencwajg. Saratoga Advantage is entity of United States More
Saratoga Advantage 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 Saratoga Advantage's money market 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 The Saratoga Advantage upside and downside potential and time the market with a certain degree of confidence.
Saratoga Advantage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saratoga Advantage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saratoga Advantage's standard deviation. In reality, there are many statistical measures that can use Saratoga Advantage historical prices to predict the future Saratoga Advantage's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Saratoga Advantage's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
The Saratoga Advantage Backtested Returns
We have found three technical indicators for The Saratoga Advantage, which you can use to evaluate the volatility of the fund. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Saratoga Advantage are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
The Saratoga Advantage has no correlation between past and present. Overlapping area represents the amount of predictability between Saratoga Advantage time series from 4th of September 2024 to 19th of October 2024 and 19th of October 2024 to 3rd 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 The Saratoga Advantage price movement. The serial correlation of 0.0 indicates that just 0.0% of current Saratoga Advantage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
The Saratoga Advantage lagged returns against current returns
Autocorrelation, which is Saratoga Advantage money market 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 Saratoga Advantage's money market fund expected returns. We can calculate the autocorrelation of Saratoga Advantage returns to help us make a trade decision. For example, suppose you find that Saratoga Advantage has exhibited high autocorrelation historically, and you observe that the money market 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 |
Saratoga Advantage 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 Saratoga Advantage money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saratoga Advantage money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saratoga Advantage money market fund over time.
Current vs Lagged Prices |
| Timeline |
Saratoga Advantage Lagged Returns
When evaluating Saratoga Advantage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saratoga Advantage money market fund have on its future price. Saratoga Advantage 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, Saratoga Advantage autocorrelation shows the relationship between Saratoga Advantage money market fund current value and its past values and can show if there is a momentum factor associated with investing in The Saratoga Advantage.
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 Saratoga Money Market Fund
Saratoga Advantage financial ratios help investors to determine whether Saratoga Money Market 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 Saratoga with respect to the benefits of owning Saratoga Advantage security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |