Champlain Mid Cap Fund Market Value
| CIPMX Fund | USD 26.13 0.07 0.27% |
| Symbol | Champlain |
Champlain 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 Champlain 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 Champlain Mid.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Champlain Mid on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Champlain Mid Cap or generate 0.0% return on investment in Champlain Mid over 30 days. Champlain Mid is related to or competes with Champlain Small, T Rowe, American Mutual, Loomis Sayles, and Jpmorgan. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Champlain 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 Champlain 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 Champlain Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8915 | |||
| Information Ratio | 0.0089 | |||
| Maximum Drawdown | 4.05 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.24 |
Champlain Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Champlain Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Champlain Mid's standard deviation. In reality, there are many statistical measures that can use Champlain Mid historical prices to predict the future Champlain Mid's volatility.| Risk Adjusted Performance | 0.1341 | |||
| Jensen Alpha | 0.0215 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0083 | |||
| Treynor Ratio | 0.1518 |
Champlain Mid Cap Backtested Returns
At this stage we consider Champlain Mutual Fund to be very steady. Champlain Mid Cap 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. We have found twenty-eight technical indicators for Champlain Mid Cap, which you can use to evaluate the volatility of the entity. Please confirm Champlain Mid's risk adjusted performance of 0.1341, and Mean Deviation of 0.6464 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Champlain Mid returns are very sensitive to returns on the market. As the market goes up or down, Champlain Mid is expected to follow.
Auto-correlation | 0.98 |
Excellent predictability
Champlain Mid Cap has excellent predictability. Overlapping area represents the amount of predictability between Champlain Mid time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Champlain Mid Cap price movement. The serial correlation of 0.98 indicates that 98.0% of current Champlain Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Champlain Mid Cap lagged returns against current returns
Autocorrelation, which is Champlain 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 Champlain Mid's mutual fund expected returns. We can calculate the autocorrelation of Champlain Mid returns to help us make a trade decision. For example, suppose you find that Champlain 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 |
Champlain 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 Champlain Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Champlain 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 Champlain Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Champlain Mid Lagged Returns
When evaluating Champlain Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Champlain Mid mutual fund have on its future price. Champlain 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, Champlain Mid autocorrelation shows the relationship between Champlain Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Champlain Mid Cap.
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 Champlain Mutual Fund
Champlain Mid financial ratios help investors to determine whether Champlain 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 Champlain with respect to the benefits of owning Champlain Mid security.
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