Sound Mind Investing Fund Market Value
| SMIFX Fund | USD 9.93 0.07 0.71% |
| Symbol | Sound |
Sound Mind '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 Sound Mind'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 Sound Mind.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Sound Mind on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Sound Mind Investing or generate 0.0% return on investment in Sound Mind over 90 days. Sound Mind is related to or competes with Smi Conservative, Smi Dynamic, Lord Abbett, Artisan International, Sit Small, and Fidelity China. The SMI Fund seeks to achieve its objective by investing in a diversified portfolio of other investment companies using ... More
Sound Mind 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 Sound Mind'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 Sound Mind Investing upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7774 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.29 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.8 |
Sound Mind Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sound Mind's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sound Mind's standard deviation. In reality, there are many statistical measures that can use Sound Mind historical prices to predict the future Sound Mind's volatility.| Risk Adjusted Performance | 0.1462 | |||
| Jensen Alpha | 0.0237 | |||
| Total Risk Alpha | 0.0047 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1639 |
Sound Mind Investing Backtested Returns
At this stage we consider Sound Mutual Fund to be very steady. Sound Mind Investing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the fund had a 0.2 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sound Mind Investing, which you can use to evaluate the volatility of the fund. Please validate Sound Mind's Coefficient Of Variation of 631.89, semi deviation of 0.5334, and Risk Adjusted Performance of 0.1462 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sound Mind's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sound Mind is expected to be smaller as well.
Auto-correlation | 0.50 |
Modest predictability
Sound Mind Investing has modest predictability. Overlapping area represents the amount of predictability between Sound Mind time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sound Mind Investing price movement. The serial correlation of 0.5 indicates that about 50.0% of current Sound Mind price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sound Mind Investing lagged returns against current returns
Autocorrelation, which is Sound Mind 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 Sound Mind's mutual fund expected returns. We can calculate the autocorrelation of Sound Mind returns to help us make a trade decision. For example, suppose you find that Sound Mind 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 |
Sound Mind 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 Sound Mind mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sound Mind mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sound Mind mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sound Mind Lagged Returns
When evaluating Sound Mind's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sound Mind mutual fund have on its future price. Sound Mind 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, Sound Mind autocorrelation shows the relationship between Sound Mind mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sound Mind Investing.
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.Other Information on Investing in Sound Mutual Fund
Sound Mind financial ratios help investors to determine whether Sound 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 Sound with respect to the benefits of owning Sound Mind security.
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