Qs Moderate Growth Fund Market Value
| SCGCX Fund | USD 17.16 0.02 0.12% |
| Symbol | SCGCX |
Qs Moderate '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 Qs Moderate'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 Qs Moderate.
| 02/13/2024 |
| 05/13/2024 |
If you would invest 0.00 in Qs Moderate on February 13, 2024 and sell it all today you would earn a total of 0.00 from holding Qs Moderate Growth or generate 0.0% return on investment in Qs Moderate over 90 days. Qs Moderate is related to or competes with Qs Large, Washington Mutual, Aqr Large, Rational Strategic, T Rowe, and Dodge Cox. The fund is a fund of fundsit invests in other mutual funds and may also invest in exchange-traded funds More
Qs Moderate 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 Qs Moderate'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 Qs Moderate Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6413 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 1.02 |
Qs Moderate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qs Moderate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qs Moderate's standard deviation. In reality, there are many statistical measures that can use Qs Moderate historical prices to predict the future Qs Moderate's volatility.| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.0521 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3726 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qs Moderate'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.
Qs Moderate Growth Backtested Returns
We consider Qs Moderate very steady. Qs Moderate Growth retains Efficiency (Sharpe Ratio) of 0.12, which implies the entity had a 0.12% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Qs Moderate, which you can use to evaluate the volatility of the fund. Please check Qs Moderate's market risk adjusted performance of 0.3826, and Standard Deviation of 0.6318 to confirm if the risk estimate we provide is consistent with the expected return of 0.0749%. The fund owns a Beta (Systematic Risk) of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Qs Moderate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qs Moderate is expected to be smaller as well.
Auto-correlation | -0.22 |
Weak reverse predictability
Qs Moderate Growth has weak reverse predictability. Overlapping area represents the amount of predictability between Qs Moderate time series from 13th of February 2024 to 29th of March 2024 and 29th of March 2024 to 13th of May 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 Qs Moderate Growth price movement. The serial correlation of -0.22 indicates that over 22.0% of current Qs Moderate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Qs Moderate Growth lagged returns against current returns
Autocorrelation, which is Qs Moderate 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 Qs Moderate's mutual fund expected returns. We can calculate the autocorrelation of Qs Moderate returns to help us make a trade decision. For example, suppose you find that Qs Moderate 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 |
Qs Moderate 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 Qs Moderate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qs Moderate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qs Moderate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Qs Moderate Lagged Returns
When evaluating Qs Moderate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qs Moderate mutual fund have on its future price. Qs Moderate 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, Qs Moderate autocorrelation shows the relationship between Qs Moderate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Qs Moderate Growth.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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| BA | The Boeing |
Check out Qs Moderate Correlation, Qs Moderate Volatility and Qs Moderate Alpha and Beta module to complement your research on Qs Moderate. Note that the Qs Moderate Growth information on this page should be used as a complementary analysis to other Qs Moderate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Qs Moderate technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.