Champlain Small Pany Fund Market Value
| CIPSX Fund | USD 24.85 0.17 0.68% |
| Symbol | Champlain |
Champlain Small '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 Small'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 Small.
| 12/22/2023 |
| 12/16/2024 |
If you would invest 0.00 in Champlain Small on December 22, 2023 and sell it all today you would earn a total of 0.00 from holding Champlain Small Pany or generate 0.0% return on investment in Champlain Small over 360 days. Champlain Small is related to or competes with Champlain Mid, Aberdeen Select, Marsico 21st, Diamond Hill, and Amg Timessquare. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Champlain Small 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 Small'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 Small Pany upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9412 | |||
| Information Ratio | 0.0878 | |||
| Maximum Drawdown | 7.61 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.74 |
Champlain Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Champlain Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Champlain Small's standard deviation. In reality, there are many statistical measures that can use Champlain Small historical prices to predict the future Champlain Small's volatility.| Risk Adjusted Performance | 0.1298 | |||
| Jensen Alpha | 0.0712 | |||
| Total Risk Alpha | 0.0477 | |||
| Sortino Ratio | 0.1087 | |||
| Treynor Ratio | 0.1431 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Champlain Small'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.
Champlain Small Pany Backtested Returns
At this stage we consider Champlain Mutual Fund to be very steady. Champlain Small Pany secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the fund had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Champlain Small Pany, which you can use to evaluate the volatility of the entity. Please confirm Champlain Small's risk adjusted performance of 0.1298, and Mean Deviation of 0.8127 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. The fund shows a Beta (market volatility) of 1.35, which signifies 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, Champlain Small will likely underperform.
Auto-correlation | 0.34 |
Below average predictability
Champlain Small Pany has below average predictability. Overlapping area represents the amount of predictability between Champlain Small time series from 22nd of December 2023 to 19th of June 2024 and 19th of June 2024 to 16th 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 Small Pany price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Champlain Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 1.66 |
Champlain Small Pany lagged returns against current returns
Autocorrelation, which is Champlain Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Champlain Small returns to help us make a trade decision. For example, suppose you find that Champlain Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Champlain Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Champlain Small Lagged Returns
When evaluating Champlain Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Champlain Small mutual fund have on its future price. Champlain Small 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 Small autocorrelation shows the relationship between Champlain Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Champlain Small Pany.
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 Small 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 Small security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
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