Seafarer Overseas Value Fund Market Value
| SIVLX Fund | USD 13.82 0.14 1.00% |
| Symbol | Seafarer |
Seafarer Overseas '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 Seafarer Overseas' 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 Seafarer Overseas.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Seafarer Overseas on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Seafarer Overseas Value or generate 0.0% return on investment in Seafarer Overseas over 30 days. Seafarer Overseas is related to or competes with Invesco Global, Tekla Healthcare, Baillie Gifford, Highland Long/short, Blackrock Health, and Live Oak. Under normal market conditions, the fund seeks to achieve its investment objective by investing primarily in common stocks, preferred stocks, and debt obligations of foreign companies . More
Seafarer Overseas 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 Seafarer Overseas' 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 Seafarer Overseas Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.27 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 0.9596 |
Seafarer Overseas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seafarer Overseas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seafarer Overseas' standard deviation. In reality, there are many statistical measures that can use Seafarer Overseas historical prices to predict the future Seafarer Overseas' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.10) |
Seafarer Overseas Value Backtested Returns
Seafarer Overseas Value owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0211, which indicates the fund had a -0.0211% return per unit of risk over the last 3 months. Seafarer Overseas Value exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seafarer Overseas' Variance of 0.461, coefficient of variation of (5,224), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Seafarer Overseas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Seafarer Overseas is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
Seafarer Overseas Value has good predictability. Overlapping area represents the amount of predictability between Seafarer Overseas time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Seafarer Overseas Value price movement. The serial correlation of 0.73 indicates that around 73.0% of current Seafarer Overseas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Seafarer Overseas Value lagged returns against current returns
Autocorrelation, which is Seafarer Overseas 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 Seafarer Overseas' mutual fund expected returns. We can calculate the autocorrelation of Seafarer Overseas returns to help us make a trade decision. For example, suppose you find that Seafarer Overseas 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 |
Seafarer Overseas 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 Seafarer Overseas mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seafarer Overseas mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seafarer Overseas mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Seafarer Overseas Lagged Returns
When evaluating Seafarer Overseas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seafarer Overseas mutual fund have on its future price. Seafarer Overseas 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, Seafarer Overseas autocorrelation shows the relationship between Seafarer Overseas mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Seafarer Overseas 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 Seafarer Mutual Fund
Seafarer Overseas financial ratios help investors to determine whether Seafarer 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 Seafarer with respect to the benefits of owning Seafarer Overseas security.
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