Cambiar Smid Fund Market Value
| CAMUX Fund | USD 25.63 0.19 0.74% |
| Symbol | Cambiar |
Cambiar Smid '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 Cambiar Smid'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 Cambiar Smid.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Cambiar Smid on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Cambiar Smid Fund or generate 0.0% return on investment in Cambiar Smid over 180 days. Cambiar Smid is related to or competes with Us Vector, Ms Global, Nationwide Global, Calamos Global, and Gmo Global. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in common ... More
Cambiar Smid 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 Cambiar Smid'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 Cambiar Smid Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7121 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.29 |
Cambiar Smid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambiar Smid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cambiar Smid's standard deviation. In reality, there are many statistical measures that can use Cambiar Smid historical prices to predict the future Cambiar Smid's volatility.| Risk Adjusted Performance | 0.0706 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0733 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cambiar Smid'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.
Cambiar Smid Backtested Returns
At this stage we consider Cambiar Mutual Fund to be very steady. Cambiar Smid secures Sharpe Ratio (or Efficiency) of 0.0923, which signifies that the fund had a 0.0923% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cambiar Smid Fund, which you can use to evaluate the volatility of the entity. Please confirm Cambiar Smid's Downside Deviation of 0.7121, mean deviation of 0.6152, and Risk Adjusted Performance of 0.0706 to double-check if the risk estimate we provide is consistent with the expected return of 0.072%. The fund shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cambiar Smid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cambiar Smid is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Cambiar Smid Fund has below average predictability. Overlapping area represents the amount of predictability between Cambiar Smid time series from 7th of June 2024 to 5th of September 2024 and 5th of September 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 Cambiar Smid price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Cambiar Smid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Cambiar Smid lagged returns against current returns
Autocorrelation, which is Cambiar Smid 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 Cambiar Smid's mutual fund expected returns. We can calculate the autocorrelation of Cambiar Smid returns to help us make a trade decision. For example, suppose you find that Cambiar Smid 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 |
Cambiar Smid 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 Cambiar Smid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cambiar Smid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cambiar Smid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cambiar Smid Lagged Returns
When evaluating Cambiar Smid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cambiar Smid mutual fund have on its future price. Cambiar Smid 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, Cambiar Smid autocorrelation shows the relationship between Cambiar Smid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cambiar Smid Fund.
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 Cambiar Mutual Fund
Cambiar Smid financial ratios help investors to determine whether Cambiar 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 Cambiar with respect to the benefits of owning Cambiar Smid security.
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