Empiric 2500 Fund Market Value

EMCAX Fund  USD 67.00  0.64  0.96%   
Empiric 2500's market value is the price at which a share of Empiric 2500 trades on a public exchange. It measures the collective expectations of Empiric 2500 Fund investors about its performance. Empiric 2500 is trading at 67.00 as of the 25th of December 2024; that is 0.96% up since the beginning of the trading day. The fund's open price was 66.36.
With this module, you can estimate the performance of a buy and hold strategy of Empiric 2500 Fund and determine expected loss or profit from investing in Empiric 2500 over a given investment horizon. Check out Empiric 2500 Correlation, Empiric 2500 Volatility and Empiric 2500 Alpha and Beta module to complement your research on Empiric 2500.
Symbol

Please note, there is a significant difference between Empiric 2500's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empiric 2500 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empiric 2500's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Empiric 2500 on November 25, 2024 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 30 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.

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.
Hype
Prediction
LowEstimatedHigh
65.9567.0068.05
Details
Intrinsic
Valuation
LowRealHigh
66.0267.0768.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Empiric 2500. Your research has to be compared to or analyzed against Empiric 2500's peers to derive any actionable benefits. When done correctly, Empiric 2500's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Empiric 2500.

Empiric 2500 Backtested Returns

At this stage we consider Empiric Mutual Fund to be very steady. Empiric 2500 secures Sharpe Ratio (or Efficiency) of 0.0417, which denotes the fund had a 0.0417% 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 Downside Deviation of 1.02, coefficient of variation of 2173.3, and Mean Deviation of 0.7325 to check if the risk estimate we provide is consistent with the expected return of 0.0441%. The fund shows a Beta (market volatility) of 0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, Empiric 2500's returns are expected to increase less than the market. However, during the bear market, the loss of holding Empiric 2500 is expected to be smaller as well.

Auto-correlation

    
  0.57  

Modest predictability

Empiric 2500 Fund has modest predictability. Overlapping area represents the amount of predictability between Empiric 2500 time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 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 0.57 indicates that roughly 57.0% of current Empiric 2500 price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.46
Residual Average0.0
Price Variance1.85

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  

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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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