Shelton E Value Fund Volatility
| EQTKX Fund | USD 17.02 0.06 0.35% |
At this stage we consider Shelton Mutual Fund to be very steady. Shelton E Value 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-seven technical indicators for Shelton E Value, which you can use to evaluate the volatility of the fund. Please validate Shelton Core's Semi Deviation of 0.4774, coefficient of variation of 577.24, and Risk Adjusted Performance of 0.1293 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Key indicators related to Shelton Core's volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Shelton Core Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Shelton daily returns, and it is calculated using variance and standard deviation. We also use Shelton's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Shelton Core volatility.
Shelton |
Downward market volatility can be a perfect environment for investors who play the long game with Shelton Core. They may decide to buy additional shares of Shelton Core at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Shelton Mutual Fund
| 0.82 | NQQQX | Shelton Funds Downward Rally | PairCorr |
| 0.91 | NASDX | Nasdaq 100 Index Downward Rally | PairCorr |
| 1.0 | EQTIX | Shelton E Value | PairCorr |
| 0.81 | NDXKX | Nasdaq 100 Index Downward Rally | PairCorr |
| 0.85 | NEXIX | Shelton Green Alpha | PairCorr |
| 0.85 | NEXTX | Shelton Green Alpha | PairCorr |
Moving against Shelton Mutual Fund
| 0.78 | CAUKX | Us Government Securities | PairCorr |
| 0.77 | CAUSX | Us Government Securities | PairCorr |
| 0.55 | DEBTX | Shelton Tactical Credit | PairCorr |
| 0.53 | DEBIX | Shelton Tactical Credit | PairCorr |
| 0.35 | CFNTX | California Tax Free | PairCorr |
Shelton Core Market Sensitivity And Downside Risk
Shelton Core's beta coefficient measures the volatility of Shelton mutual fund compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Shelton mutual fund's returns against your selected market. In other words, Shelton Core's beta of 0.66 provides an investor with an approximation of how much risk Shelton Core mutual fund can potentially add to one of your existing portfolios. Shelton E Value exhibits relatively low volatility with skewness of -0.39 and kurtosis of 1.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Shelton Core's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Shelton Core's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Shelton E Value Demand TrendCheck current 90 days Shelton Core correlation with market (Dow Jones Industrial)Shelton Beta |
Shelton standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 0.53 |
It is essential to understand the difference between upside risk (as represented by Shelton Core's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Shelton Core's daily returns or price. Since the actual investment returns on holding a position in shelton mutual fund tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Shelton Core.
Shelton E Value Mutual Fund Volatility Analysis
Volatility refers to the frequency at which Shelton Core fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Shelton Core's price changes. Investors will then calculate the volatility of Shelton Core's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Shelton Core's volatility:
Historical Volatility
This type of fund volatility measures Shelton Core's fluctuations based on previous trends. It's commonly used to predict Shelton Core's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Shelton Core's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Shelton Core's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Shelton E Value Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Shelton Core Projected Return Density Against Market
Assuming the 90 days horizon Shelton Core has a beta of 0.6639 suggesting as returns on the market go up, Shelton Core average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shelton E Value will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Shelton Core or Shelton Capital Management sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Shelton Core's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Shelton fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Shelton E Value has an alpha of 0.0063, implying that it can generate a 0.0063 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Shelton Core Price Volatility?
Several factors can influence a fund's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Shelton Core Mutual Fund Risk Measures
Assuming the 90 days horizon the coefficient of variation of Shelton Core is 456.66. The daily returns are distributed with a variance of 0.28 and standard deviation of 0.53. The mean deviation of Shelton E Value is currently at 0.41. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.66 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.06 |
Shelton Core Mutual Fund Return Volatility
Shelton Core historical daily return volatility represents how much of Shelton Core fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 0.5329% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7444% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Shelton Core Volatility
Volatility is a rate at which the price of Shelton Core or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Shelton Core may increase or decrease. In other words, similar to Shelton's beta indicator, it measures the risk of Shelton Core and helps estimate the fluctuations that may happen in a short period of time. So if prices of Shelton Core fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.The fund invests primarily in U.S. equity securities that generate a relatively high level of dividend income and have the potential for capital appreciation. These securities will generally be stocks of medium and large U.S. corporations. It will invest at least 80 percent of its total assets in common stocks.
Shelton Core's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Shelton Mutual Fund over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Shelton Core's price varies over time.
3 ways to utilize Shelton Core's volatility to invest better
Higher Shelton Core's fund volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Shelton E Value fund is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Shelton E Value fund volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Shelton E Value investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Shelton Core's fund can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Shelton Core's fund relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Shelton Core Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.74 and is 1.4 times more volatile than Shelton E Value. 4 percent of all equities and portfolios are less risky than Shelton Core. You can use Shelton E Value to enhance the returns of your portfolios. The mutual fund experiences a normal upward fluctuation. Check odds of Shelton Core to be traded at $17.87 in 90 days.Very poor diversification
The correlation between Shelton E Value and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Shelton E Value and DJI in the same portfolio, assuming nothing else is changed.
Shelton Core Additional Risk Indicators
The analysis of Shelton Core's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Shelton Core's investment and either accepting that risk or mitigating it. Along with some common measures of Shelton Core mutual fund's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1293 | |||
| Market Risk Adjusted Performance | 0.1472 | |||
| Mean Deviation | 0.4379 | |||
| Semi Deviation | 0.4774 | |||
| Downside Deviation | 0.6472 | |||
| Coefficient Of Variation | 577.24 | |||
| Standard Deviation | 0.5833 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Shelton Core Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
| Ford vs. Shelton Core | ||
| Dupont De vs. Shelton Core | ||
| Alphabet vs. Shelton Core | ||
| Bank of America vs. Shelton Core | ||
| Microsoft vs. Shelton Core | ||
| Visa vs. Shelton Core | ||
| GM vs. Shelton Core | ||
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Shelton Core as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Shelton Core's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Shelton Core's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Shelton E Value.
Other Information on Investing in Shelton Mutual Fund
Shelton Core financial ratios help investors to determine whether Shelton 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 Shelton with respect to the benefits of owning Shelton Core security.
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