Commerce Midcap Value Fund Market Value
| CFMVX Fund | 23.35 0.43 1.88% |
| Symbol | Commerce |
Commerce Midcap '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 Commerce Midcap'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 Commerce Midcap.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Commerce Midcap on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Commerce Midcap Value or generate 0.0% return on investment in Commerce Midcap over 90 days. Commerce Midcap is related to or competes with The Kansas, The Midcap, The Bond, The Growth, The Missouri, National Tax, and Commerce Midcap. Under normal market conditions, the fund invests at least 80 percent of its net assets plus any borrowings for investmen... More
Commerce Midcap 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 Commerce Midcap'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 Commerce Midcap Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.62 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.26 |
Commerce Midcap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commerce Midcap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commerce Midcap's standard deviation. In reality, there are many statistical measures that can use Commerce Midcap historical prices to predict the future Commerce Midcap's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Commerce Midcap'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.
Commerce Midcap Value Backtested Returns
Commerce Midcap Value secures Sharpe Ratio (or Efficiency) of -0.0845, which signifies that the fund had a -0.0845 % return per unit of risk over the last 3 months. Commerce Midcap Value exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Commerce Midcap's Mean Deviation of 0.7155, standard deviation of 0.9051, and Risk Adjusted Performance of (0.10) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Commerce Midcap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Commerce Midcap is expected to be smaller as well.
Auto-correlation | -0.6 |
Good reverse predictability
Commerce Midcap Value has good reverse predictability. Overlapping area represents the amount of predictability between Commerce Midcap time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Commerce Midcap Value price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Commerce Midcap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Commerce Midcap Value lagged returns against current returns
Autocorrelation, which is Commerce Midcap 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 Commerce Midcap's mutual fund expected returns. We can calculate the autocorrelation of Commerce Midcap returns to help us make a trade decision. For example, suppose you find that Commerce Midcap 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 |
Commerce Midcap 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 Commerce Midcap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commerce Midcap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Commerce Midcap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Commerce Midcap Lagged Returns
When evaluating Commerce Midcap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commerce Midcap mutual fund have on its future price. Commerce Midcap 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, Commerce Midcap autocorrelation shows the relationship between Commerce Midcap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Commerce Midcap Value.
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 Commerce Mutual Fund
Commerce Midcap financial ratios help investors to determine whether Commerce 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 Commerce with respect to the benefits of owning Commerce Midcap security.
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