Ancorathelen Small Mid Cap Fund Market Value

AATSX Fund  USD 18.41  0.42  2.33%   
Ancora/thelen Small-mid's market value is the price at which a share of Ancora/thelen Small-mid trades on a public exchange. It measures the collective expectations of Ancorathelen Small Mid Cap investors about its performance. Ancora/thelen Small-mid is trading at 18.41 as of the 16th of March 2025; that is 2.33 percent up since the beginning of the trading day. The fund's open price was 17.99.
With this module, you can estimate the performance of a buy and hold strategy of Ancorathelen Small Mid Cap and determine expected loss or profit from investing in Ancora/thelen Small-mid over a given investment horizon. Check out Ancora/thelen Small-mid Correlation, Ancora/thelen Small-mid Volatility and Ancora/thelen Small-mid Alpha and Beta module to complement your research on Ancora/thelen Small-mid.
Symbol

Please note, there is a significant difference between Ancora/thelen Small-mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ancora/thelen Small-mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ancora/thelen Small-mid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ancora/thelen Small-mid '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 Ancora/thelen Small-mid'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 Ancora/thelen Small-mid.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Ancora/thelen Small-mid on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Ancorathelen Small Mid Cap or generate 0.0% return on investment in Ancora/thelen Small-mid over 90 days. Ancora/thelen Small-mid is related to or competes with Wells Fargo, Jhancock Diversified, Stone Ridge, Global Diversified, Fidelity Advisor, and Diversified Bond. The fund normally will invest at least 80 percent of its net assets in the equity securities of small to mid cap compani... More

Ancora/thelen Small-mid 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 Ancora/thelen Small-mid'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 Ancorathelen Small Mid Cap upside and downside potential and time the market with a certain degree of confidence.

Ancora/thelen Small-mid Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ancora/thelen Small-mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ancora/thelen Small-mid's standard deviation. In reality, there are many statistical measures that can use Ancora/thelen Small-mid historical prices to predict the future Ancora/thelen Small-mid's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ancora/thelen Small-mid'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.
Hype
Prediction
LowEstimatedHigh
16.9518.4119.87
Details
Intrinsic
Valuation
LowRealHigh
17.3318.7920.25
Details

Ancora/thelen Small-mid Backtested Returns

Ancora/thelen Small-mid 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. Ancorathelen Small Mid Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ancora/thelen Small-mid's mean deviation of 0.9401, and Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.94, which signifies possible diversification benefits within a given portfolio. Ancora/thelen Small-mid returns are very sensitive to returns on the market. As the market goes up or down, Ancora/thelen Small-mid is expected to follow.

Auto-correlation

    
  0.08  

Virtually no predictability

Ancorathelen Small Mid Cap has virtually no predictability. Overlapping area represents the amount of predictability between Ancora/thelen Small-mid time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Ancora/thelen Small-mid price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Ancora/thelen Small-mid price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.11
Residual Average0.0
Price Variance0.59

Ancora/thelen Small-mid lagged returns against current returns

Autocorrelation, which is Ancora/thelen Small-mid 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 Ancora/thelen Small-mid's mutual fund expected returns. We can calculate the autocorrelation of Ancora/thelen Small-mid returns to help us make a trade decision. For example, suppose you find that Ancora/thelen Small-mid 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  

Ancora/thelen Small-mid 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 Ancora/thelen Small-mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ancora/thelen Small-mid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ancora/thelen Small-mid mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Ancora/thelen Small-mid Lagged Returns

When evaluating Ancora/thelen Small-mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ancora/thelen Small-mid mutual fund have on its future price. Ancora/thelen Small-mid 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, Ancora/thelen Small-mid autocorrelation shows the relationship between Ancora/thelen Small-mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ancorathelen Small Mid Cap.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Ancora/thelen Mutual Fund

Ancora/thelen Small-mid financial ratios help investors to determine whether Ancora/thelen 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 Ancora/thelen with respect to the benefits of owning Ancora/thelen Small-mid security.
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