Fam Value Fund Market Value
| FAMVX Fund | USD 109.58 0.47 0.43% |
| Symbol | Fam |
Fam Value '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 Fam Value'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 Fam Value.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Fam Value on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Fam Value Fund or generate 0.0% return on investment in Fam Value over 360 days. Fam Value is related to or competes with Fam Equity, Meridian Growth, Muhlenkamp Fund, Royce Pennsylvania, and Madison Mid. The funds adviser employs a value approach in making its common stock selections More
Fam Value 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 Fam Value'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 Fam Value Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6289 | |||
| Information Ratio | 0.0302 | |||
| Maximum Drawdown | 4.53 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.41 |
Fam Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fam Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fam Value's standard deviation. In reality, there are many statistical measures that can use Fam Value historical prices to predict the future Fam Value's volatility.| Risk Adjusted Performance | 0.1235 | |||
| Jensen Alpha | 0.1084 | |||
| Total Risk Alpha | 0.013 | |||
| Sortino Ratio | 0.0387 | |||
| Treynor Ratio | 0.7221 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fam Value'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.
Fam Value Fund Backtested Returns
At this stage we consider Fam Mutual Fund to be very steady. Fam Value Fund secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fam Value Fund, which you can use to evaluate the volatility of the entity. Please confirm Fam Value's Coefficient Of Variation of 593.24, downside deviation of 0.6289, and Mean Deviation of 0.5888 to check if the risk estimate we provide is consistent with the expected return of 0.0987%. The fund shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Fam Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fam Value is expected to be smaller as well.
Auto-correlation | 0.53 |
Modest predictability
Fam Value Fund has modest predictability. Overlapping area represents the amount of predictability between Fam Value time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th 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 Fam Value Fund price movement. The serial correlation of 0.53 indicates that about 53.0% of current Fam Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 22.73 |
Fam Value Fund lagged returns against current returns
Autocorrelation, which is Fam Value 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 Fam Value's mutual fund expected returns. We can calculate the autocorrelation of Fam Value returns to help us make a trade decision. For example, suppose you find that Fam Value 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 |
Fam Value 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 Fam Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fam Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fam Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fam Value Lagged Returns
When evaluating Fam Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fam Value mutual fund have on its future price. Fam Value 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, Fam Value autocorrelation shows the relationship between Fam Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fam Value 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 Fam Mutual Fund
Fam Value financial ratios help investors to determine whether Fam 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 Fam with respect to the benefits of owning Fam Value security.
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