Copeland Smid Cap Fund Market Value
| CSMDX Fund | USD 15.71 0.06 0.38% |
| Symbol | Copeland |
Copeland 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 Copeland 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 Copeland Smid.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Copeland Smid on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Copeland Smid Cap or generate 0.0% return on investment in Copeland Smid over 30 days. Copeland Smid is related to or competes with Copeland Risk, Copeland Risk, Copeland Risk, Copeland International, Copeland Smid, Columbia Small, and Copeland Smid. The fund is primarily composed of common and preferred stocks, master limited partnership units and equity real estate i... More
Copeland 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 Copeland 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 Copeland Smid Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.89 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.32 |
Copeland Smid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copeland Smid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copeland Smid's standard deviation. In reality, there are many statistical measures that can use Copeland Smid historical prices to predict the future Copeland Smid's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Copeland 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.
Copeland Smid Cap Backtested Returns
Copeland Smid Cap secures Sharpe Ratio (or Efficiency) of -0.0555, which signifies that the fund had a -0.0555% return per unit of risk over the last 3 months. Copeland Smid Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Copeland Smid's Mean Deviation of 0.7218, standard deviation of 1.02, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Copeland Smid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Copeland Smid is expected to be smaller as well.
Auto-correlation | -0.67 |
Very good reverse predictability
Copeland Smid Cap has very good reverse predictability. Overlapping area represents the amount of predictability between Copeland Smid time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Copeland Smid Cap price movement. The serial correlation of -0.67 indicates that around 67.0% of current Copeland Smid price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Copeland Smid Cap lagged returns against current returns
Autocorrelation, which is Copeland 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 Copeland Smid's mutual fund expected returns. We can calculate the autocorrelation of Copeland Smid returns to help us make a trade decision. For example, suppose you find that Copeland 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 |
Copeland 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 Copeland Smid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copeland 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 Copeland Smid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Copeland Smid Lagged Returns
When evaluating Copeland Smid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copeland Smid mutual fund have on its future price. Copeland 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, Copeland Smid autocorrelation shows the relationship between Copeland Smid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Copeland Smid Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Copeland Mutual Fund
Copeland Smid financial ratios help investors to determine whether Copeland 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 Copeland with respect to the benefits of owning Copeland Smid security.
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