Sextant Growth Fund Market Value

SSGFX Fund  USD 58.43  0.51  0.88%   
Sextant Growth's market value is the price at which a share of Sextant Growth trades on a public exchange. It measures the collective expectations of Sextant Growth Fund investors about its performance. Sextant Growth is trading at 58.43 as of the 9th of December 2024; that is 0.88 percent up since the beginning of the trading day. The fund's open price was 57.92.
With this module, you can estimate the performance of a buy and hold strategy of Sextant Growth Fund and determine expected loss or profit from investing in Sextant Growth over a given investment horizon. Check out Sextant Growth Correlation, Sextant Growth Volatility and Sextant Growth Alpha and Beta module to complement your research on Sextant Growth.
Symbol

Please note, there is a significant difference between Sextant Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sextant Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sextant Growth'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.

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.
0.00
12/20/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/09/2024
0.00
If you would invest  0.00  in Sextant Growth on December 20, 2022 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 720 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.

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.
Hype
Prediction
LowEstimatedHigh
57.5858.4359.28
Details
Intrinsic
Valuation
LowRealHigh
52.5961.5262.37
Details
Naive
Forecast
LowNextHigh
58.1759.0259.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
55.1156.7958.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sextant Growth. Your research has to be compared to or analyzed against Sextant Growth's peers to derive any actionable benefits. When done correctly, Sextant Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sextant Growth.

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 Coefficient Of Variation of 480.91, semi deviation of 0.7036, and Risk Adjusted Performance of 0.1557 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

    
  0.82  

Very good predictability

Sextant Growth Fund has very good predictability. Overlapping area represents the amount of predictability between Sextant Growth time series from 20th of December 2022 to 15th of December 2023 and 15th of December 2023 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 0.82 indicates that around 82.0% of current Sextant Growth price fluctuation can be explain by its past prices.
Correlation Coefficient0.82
Spearman Rank Test0.77
Residual Average0.0
Price Variance11.96

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  

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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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