Sextant Growth Fund Market Value
| SSGFX Fund | USD 58.43 0.51 0.88% |
| Symbol | Sextant |
Sextant Growth '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 Sextant Growth'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 Sextant Growth.
| 11/09/2024 |
| 12/09/2024 |
If you would invest 0.00 in Sextant Growth on November 9, 2024 and sell it all today you would earn a total of 0.00 from holding Sextant Growth Fund or generate 0.0% return on investment in Sextant Growth over 30 days. Sextant Growth is related to or competes with Sextant International, Sextant Bond, Teton Westwood, Value Line, and Sextant Short-term. The fund seeks long-term capital growth by investing in common stocks of U.S More
Sextant Growth 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 Sextant Growth'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 Sextant Growth Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.05 | |||
| Maximum Drawdown | 4.76 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.48 |
Sextant Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sextant Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sextant Growth's standard deviation. In reality, there are many statistical measures that can use Sextant Growth historical prices to predict the future Sextant Growth's volatility.| Risk Adjusted Performance | 0.1557 | |||
| Jensen Alpha | 0.0764 | |||
| Total Risk Alpha | 0.018 | |||
| Sortino Ratio | 0.0441 | |||
| Treynor Ratio | 0.2316 |
Sextant Growth Backtested Returns
At this stage we consider Sextant Mutual Fund to be very steady. Sextant Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sextant Growth Fund, which you can use to evaluate the volatility of the fund. Please validate Sextant Growth's Risk Adjusted Performance of 0.1557, coefficient of variation of 480.91, and Semi Deviation of 0.7036 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. The entity has a beta of 0.76, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sextant Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sextant Growth is expected to be smaller as well.
Auto-correlation | -0.64 |
Very good reverse predictability
Sextant Growth Fund has very good reverse predictability. Overlapping area represents the amount of predictability between Sextant Growth time series from 9th of November 2024 to 24th of November 2024 and 24th of November 2024 to 9th 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 Sextant Growth price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Sextant Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Sextant Growth lagged returns against current returns
Autocorrelation, which is Sextant Growth 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 Sextant Growth's mutual fund expected returns. We can calculate the autocorrelation of Sextant Growth returns to help us make a trade decision. For example, suppose you find that Sextant Growth 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 |
Sextant Growth 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 Sextant Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sextant Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sextant Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sextant Growth Lagged Returns
When evaluating Sextant Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sextant Growth mutual fund have on its future price. Sextant Growth 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, Sextant Growth autocorrelation shows the relationship between Sextant Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sextant Growth Fund.
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 Sextant Mutual Fund
Sextant Growth financial ratios help investors to determine whether Sextant 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 Sextant with respect to the benefits of owning Sextant Growth security.
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