The Brown Capital Fund Market Value

BCSIX Fund  USD 81.62  1.37  1.71%   
The Brown's market value is the price at which a share of The Brown trades on a public exchange. It measures the collective expectations of The Brown Capital investors about its performance. The Brown is trading at 81.62 as of the 4th of December 2024; that is 1.71 percent up since the beginning of the trading day. The fund's open price was 80.25.
With this module, you can estimate the performance of a buy and hold strategy of The Brown Capital and determine expected loss or profit from investing in The Brown over a given investment horizon. Check out The Brown Correlation, The Brown Volatility and The Brown Alpha and Beta module to complement your research on The Brown.
Symbol

Please note, there is a significant difference between The Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if The Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The Brown'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.

The Brown '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 The Brown'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 The Brown.
0.00
09/05/2024
No Change 0.00  0.0 
In 3 months and 1 day
12/04/2024
0.00
If you would invest  0.00  in The Brown on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding The Brown Capital or generate 0.0% return on investment in The Brown over 90 days. The Brown is related to or competes with American Beacon, Akre Focus, Large Cap, Amg Managers, and Primecap Odyssey. The fund invests at least 80 percent of its net assets in the equity securities of those companies with total operating ... More

The Brown 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 The Brown'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 The Brown Capital upside and downside potential and time the market with a certain degree of confidence.

The Brown Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for The Brown's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Brown's standard deviation. In reality, there are many statistical measures that can use The Brown historical prices to predict the future The Brown's volatility.
Hype
Prediction
LowEstimatedHigh
80.4681.6282.78
Details
Intrinsic
Valuation
LowRealHigh
73.4683.8585.01
Details
Naive
Forecast
LowNextHigh
80.2081.3682.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
76.5078.8681.22
Details

Brown Capital Backtested Returns

The Brown appears to be very steady, given 3 months investment horizon. Brown Capital owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Brown Capital, which you can use to evaluate the volatility of the fund. Please review The Brown's Risk Adjusted Performance of 0.1326, coefficient of variation of 591.82, and Semi Deviation of 0.886 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.29, which indicates 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, the Brown will likely underperform.

Auto-correlation

    
  0.81  

Very good predictability

The Brown Capital has very good predictability. Overlapping area represents the amount of predictability between The Brown time series from 5th of September 2024 to 20th of October 2024 and 20th of October 2024 to 4th of December 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 Brown Capital price movement. The serial correlation of 0.81 indicates that around 81.0% of current The Brown price fluctuation can be explain by its past prices.
Correlation Coefficient0.81
Spearman Rank Test0.77
Residual Average0.0
Price Variance14.38

Brown Capital lagged returns against current returns

Autocorrelation, which is The Brown 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 The Brown's mutual fund expected returns. We can calculate the autocorrelation of The Brown returns to help us make a trade decision. For example, suppose you find that The Brown 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  

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

The Brown Lagged Returns

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

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Other Information on Investing in The Mutual Fund

The Brown financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Brown security.
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