Empiric 2500 Fund Market Value
| EMCAX Fund | USD 67.00 0.64 0.96% |
| Symbol | Empiric |
Empiric 2500 '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 Empiric 2500'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 Empiric 2500.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Empiric 2500 on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Empiric 2500 Fund or generate 0.0% return on investment in Empiric 2500 over 720 days. Empiric 2500 is related to or competes with Credit Suisse, Ubs Ultra, Hartford Growth, Dreyfusthe Boston, Dunham Focused, and Ridgeworth Silvant. The fund seeks to achieve its objective by primarily investing in the equity securities of domestic small and mid-capita... More
Empiric 2500 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 Empiric 2500'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 Empiric 2500 Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0.0009) | |||
| Maximum Drawdown | 8.21 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 1.46 |
Empiric 2500 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Empiric 2500's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Empiric 2500's standard deviation. In reality, there are many statistical measures that can use Empiric 2500 historical prices to predict the future Empiric 2500's volatility.| Risk Adjusted Performance | 0.0359 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | 0.0292 |
Empiric 2500 Backtested Returns
At this stage we consider Empiric Mutual Fund to be very steady. Empiric 2500 secures Sharpe Ratio (or Efficiency) of 0.0413, which denotes the fund had a 0.0413% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Empiric 2500 Fund, which you can use to evaluate the volatility of the entity. Please confirm Empiric 2500's Mean Deviation of 0.7278, coefficient of variation of 2381.63, and Downside Deviation of 1.02 to check if the risk estimate we provide is consistent with the expected return of 0.0434%. The fund shows a Beta (market volatility) of 1.16, which means 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, Empiric 2500 will likely underperform.
Auto-correlation | 0.29 |
Poor predictability
Empiric 2500 Fund has poor predictability. Overlapping area represents the amount of predictability between Empiric 2500 time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Empiric 2500 price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Empiric 2500 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 12.39 |
Empiric 2500 lagged returns against current returns
Autocorrelation, which is Empiric 2500 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 Empiric 2500's mutual fund expected returns. We can calculate the autocorrelation of Empiric 2500 returns to help us make a trade decision. For example, suppose you find that Empiric 2500 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 |
Empiric 2500 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 Empiric 2500 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Empiric 2500 mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Empiric 2500 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Empiric 2500 Lagged Returns
When evaluating Empiric 2500's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Empiric 2500 mutual fund have on its future price. Empiric 2500 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, Empiric 2500 autocorrelation shows the relationship between Empiric 2500 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Empiric 2500 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 Empiric Mutual Fund
Empiric 2500 financial ratios help investors to determine whether Empiric 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 Empiric with respect to the benefits of owning Empiric 2500 security.
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