Clearbridge All Cap Fund Market Value
| SHFVX Fund | USD 14.78 0.12 0.82% |
| Symbol | Clearbridge |
Clearbridge All '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 Clearbridge All'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 Clearbridge All.
| 04/26/2024 |
| 05/26/2024 |
If you would invest 0.00 in Clearbridge All on April 26, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge All Cap or generate 0.0% return on investment in Clearbridge All over 30 days. Clearbridge All is related to or competes with Franklin Mutual, Templeton Developing, Franklin Mutual, Franklin Mutual, Franklin Mutual, Templeton Foreign, and Templeton Foreign. The fund invests primarily in common stocks and common stock equivalents, such as preferred stocks and securities conver... More
Clearbridge All 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 Clearbridge All'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 Clearbridge All Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7244 | |||
| Information Ratio | 0.1261 | |||
| Maximum Drawdown | 2.98 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.17 |
Clearbridge All Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge All's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge All's standard deviation. In reality, there are many statistical measures that can use Clearbridge All historical prices to predict the future Clearbridge All's volatility.| Risk Adjusted Performance | 0.1147 | |||
| Jensen Alpha | 0.0838 | |||
| Total Risk Alpha | 0.0813 | |||
| Sortino Ratio | 0.1236 | |||
| Treynor Ratio | 0.1108 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge All'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.
Clearbridge All Cap Backtested Returns
We consider Clearbridge All very steady. Clearbridge All Cap secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clearbridge All Cap, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge All's mean deviation of 0.5689, and Risk Adjusted Performance of 0.1147 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 1.15, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Clearbridge All will likely underperform.
Auto-correlation | -0.68 |
Very good reverse predictability
Clearbridge All Cap has very good reverse predictability. Overlapping area represents the amount of predictability between Clearbridge All time series from 26th of April 2024 to 11th of May 2024 and 11th of May 2024 to 26th 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 Clearbridge All Cap price movement. The serial correlation of -0.68 indicates that around 68.0% of current Clearbridge All price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Clearbridge All Cap lagged returns against current returns
Autocorrelation, which is Clearbridge All 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 Clearbridge All's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge All returns to help us make a trade decision. For example, suppose you find that Clearbridge All 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 |
Clearbridge All 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 Clearbridge All mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge All mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clearbridge All mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge All Lagged Returns
When evaluating Clearbridge All's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge All mutual fund have on its future price. Clearbridge All 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, Clearbridge All autocorrelation shows the relationship between Clearbridge All mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge All Cap.
Regressed Prices |
| Timeline |
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Check out Clearbridge All Correlation, Clearbridge All Volatility and Clearbridge All Alpha and Beta module to complement your research on Clearbridge All. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Clearbridge All 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.