Amg Southernsun Small Fund Market Value
| SSSIX Fund | USD 28.94 0.01 0.03% |
| Symbol | Amg |
Amg Southernsun '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 Amg Southernsun'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 Amg Southernsun.
| 02/19/2024 |
| 05/19/2024 |
If you would invest 0.00 in Amg Southernsun on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Amg Southernsun Small or generate 0.0% return on investment in Amg Southernsun over 90 days. Amg Southernsun is related to or competes with T Rowe, Morningstar Municipal, Us Government, Bbh Intermediate, T Rowe, and Alliancebernstein. Under normal circumstances,the fund invests at least 80 percent of its net assets, plus any borrowings for investment pu... More
Amg Southernsun 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 Amg Southernsun'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 Amg Southernsun Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.0058 | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.65 |
Amg Southernsun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amg Southernsun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amg Southernsun's standard deviation. In reality, there are many statistical measures that can use Amg Southernsun historical prices to predict the future Amg Southernsun's volatility.| Risk Adjusted Performance | 0.067 | |||
| Jensen Alpha | 0.069 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0054 | |||
| Treynor Ratio | 0.3254 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amg Southernsun'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.
Amg Southernsun Small Backtested Returns
We consider Amg Southernsun very steady. Amg Southernsun Small secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amg Southernsun Small, which you can use to evaluate the volatility of the entity. Please confirm Amg Southernsun's mean deviation of 0.7417, and Risk Adjusted Performance of 0.067 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amg Southernsun's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amg Southernsun is expected to be smaller as well.
Auto-correlation | 0.45 |
Average predictability
Amg Southernsun Small has average predictability. Overlapping area represents the amount of predictability between Amg Southernsun time series from 19th of February 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Amg Southernsun Small price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Amg Southernsun price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Amg Southernsun Small lagged returns against current returns
Autocorrelation, which is Amg Southernsun 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 Amg Southernsun's mutual fund expected returns. We can calculate the autocorrelation of Amg Southernsun returns to help us make a trade decision. For example, suppose you find that Amg Southernsun 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 |
Amg Southernsun 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 Amg Southernsun mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amg Southernsun mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amg Southernsun mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Amg Southernsun Lagged Returns
When evaluating Amg Southernsun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amg Southernsun mutual fund have on its future price. Amg Southernsun 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, Amg Southernsun autocorrelation shows the relationship between Amg Southernsun mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amg Southernsun Small.
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.Check out Amg Southernsun Correlation, Amg Southernsun Volatility and Amg Southernsun Alpha and Beta module to complement your research on Amg Southernsun. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Amg Southernsun 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.