Clarkston Founders Fund Market Value
| CIMDX Fund | USD 16.75 0.06 0.36% |
| Symbol | Clarkston |
Clarkston Founders '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 Clarkston Founders' 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 Clarkston Founders.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Clarkston Founders on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Clarkston Founders Fund or generate 0.0% return on investment in Clarkston Founders over 690 days. Clarkston Founders is related to or competes with Clarkston Fund, Clarkston Partners, Clarkston Partners, and Bbh Partner. Under normal circumstances, the fund invests primarily in U.S.-traded equity securities of medium-capitalization compani... More
Clarkston Founders 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 Clarkston Founders' 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 Clarkston Founders Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6166 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 2.4 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 1.0 |
Clarkston Founders Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clarkston Founders' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clarkston Founders' standard deviation. In reality, there are many statistical measures that can use Clarkston Founders historical prices to predict the future Clarkston Founders' volatility.| Risk Adjusted Performance | 0.1018 | |||
| Jensen Alpha | 0.0276 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1876 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clarkston Founders' 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.
Clarkston Founders Backtested Returns
At this stage we consider Clarkston Mutual Fund to be very steady. Clarkston Founders secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Clarkston Founders Fund, which you can use to evaluate the volatility of the entity. Please confirm Clarkston Founders' risk adjusted performance of 0.1018, and Mean Deviation of 0.482 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clarkston Founders' returns are expected to increase less than the market. However, during the bear market, the loss of holding Clarkston Founders is expected to be smaller as well.
Auto-correlation | -0.4 |
Poor reverse predictability
Clarkston Founders Fund has poor reverse predictability. Overlapping area represents the amount of predictability between Clarkston Founders time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 Clarkston Founders price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Clarkston Founders price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Clarkston Founders lagged returns against current returns
Autocorrelation, which is Clarkston Founders 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 Clarkston Founders' mutual fund expected returns. We can calculate the autocorrelation of Clarkston Founders returns to help us make a trade decision. For example, suppose you find that Clarkston Founders 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 |
Clarkston Founders 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 Clarkston Founders mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clarkston Founders mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clarkston Founders mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clarkston Founders Lagged Returns
When evaluating Clarkston Founders' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clarkston Founders mutual fund have on its future price. Clarkston Founders 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, Clarkston Founders autocorrelation shows the relationship between Clarkston Founders mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clarkston Founders 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 Clarkston Mutual Fund
Clarkston Founders financial ratios help investors to determine whether Clarkston 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 Clarkston with respect to the benefits of owning Clarkston Founders security.
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