Mawer Equity A Fund Market Value
| 0P0000716B | CAD 101.10 0.38 0.37% |
| Symbol | Mawer |
Mawer Equity '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 Mawer Equity's 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 Mawer Equity.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Mawer Equity on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Mawer Equity A or generate 0.0% return on investment in Mawer Equity over 90 days. Mawer Equity is related to or competes with Mawer Canadien, Mawer Balanced, Mawer Dactions, Mawer Canadien. Equity Fund is to provide above-average long-term, risk-adjusted returns from both capital gains and dividend income by ... More
Mawer Equity 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 Mawer Equity's 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 Mawer Equity A upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0639 | |||
| Maximum Drawdown | 3.38 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.04 |
Mawer Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mawer Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mawer Equity's standard deviation. In reality, there are many statistical measures that can use Mawer Equity historical prices to predict the future Mawer Equity's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.0387 | |||
| Treynor Ratio | (1.00) |
Mawer Equity A Backtested Returns
At this point, Mawer Equity is very steady. Mawer Equity A has Sharpe Ratio of 0.0152, which conveys that the entity had a 0.0152 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Mawer Equity, which you can use to evaluate the volatility of the fund. Please verify Mawer Equity's Standard Deviation of 0.7738, mean deviation of 0.5931, and Risk Adjusted Performance of (0.04) to check out if the risk estimate we provide is consistent with the expected return of 0.0113%. The fund secures a Beta (Market Risk) of 0.0414, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mawer Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mawer Equity is expected to be smaller as well.
Auto-correlation | -0.46 |
Modest reverse predictability
Mawer Equity A has modest reverse predictability. Overlapping area represents the amount of predictability between Mawer Equity time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 Mawer Equity A price movement. The serial correlation of -0.46 indicates that about 46.0% of current Mawer Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 1.41 |
Mawer Equity A lagged returns against current returns
Autocorrelation, which is Mawer Equity 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 Mawer Equity's fund expected returns. We can calculate the autocorrelation of Mawer Equity returns to help us make a trade decision. For example, suppose you find that Mawer Equity has exhibited high autocorrelation historically, and you observe that the 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 |
Mawer Equity 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 Mawer Equity fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mawer Equity fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mawer Equity fund over time.
Current vs Lagged Prices |
| Timeline |
Mawer Equity Lagged Returns
When evaluating Mawer Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mawer Equity fund have on its future price. Mawer Equity 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, Mawer Equity autocorrelation shows the relationship between Mawer Equity fund current value and its past values and can show if there is a momentum factor associated with investing in Mawer Equity A.
Regressed Prices |
| Timeline |
Pair Trading with Mawer Equity
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mawer Equity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mawer Equity will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mawer Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mawer Equity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mawer Equity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mawer Equity A to buy it.
The correlation of Mawer Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mawer Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mawer Equity A moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mawer Equity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Mawer Fund
Mawer Equity financial ratios help investors to determine whether Mawer 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 Mawer with respect to the benefits of owning Mawer Equity security.
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