Madison Mid Cap Fund Market Value
| GTSGX Fund | USD 18.12 0.08 0.44% |
| Symbol | Madison |
Madison Mid '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 Madison Mid'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 Madison Mid.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Madison Mid on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Madison Mid Cap or generate 0.0% return on investment in Madison Mid over 720 days. Madison Mid is related to or competes with Pro Blend, Fam Value, Common Stock, Meridian Trarian, and Madison Investors. The fund invests generally in common stocks, securities convertible into common stocks and related equity securities of ... More
Madison Mid 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 Madison Mid'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 Madison Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7252 | |||
| Information Ratio | 0.0138 | |||
| Maximum Drawdown | 4.29 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.5 |
Madison Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Madison Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Madison Mid's standard deviation. In reality, there are many statistical measures that can use Madison Mid historical prices to predict the future Madison Mid's volatility.| Risk Adjusted Performance | 0.105 | |||
| Jensen Alpha | 0.0091 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0166 | |||
| Treynor Ratio | 0.1106 |
Madison Mid Cap Backtested Returns
At this stage we consider Madison Mutual Fund to be very steady. Madison Mid Cap has Sharpe Ratio of 0.0975, which conveys that the entity had a 0.0975% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Madison Mid, which you can use to evaluate the volatility of the fund. Please verify Madison Mid's Downside Deviation of 0.7252, risk adjusted performance of 0.105, and Mean Deviation of 0.6703 to check out if the risk estimate we provide is consistent with the expected return of 0.0846%. The fund secures a Beta (Market Risk) of 1.03, which conveys a somewhat significant risk relative to the market. Madison Mid returns are very sensitive to returns on the market. As the market goes up or down, Madison Mid is expected to follow.
Auto-correlation | 0.65 |
Good predictability
Madison Mid Cap has good predictability. Overlapping area represents the amount of predictability between Madison Mid time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 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 Madison Mid Cap price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Madison Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Madison Mid Cap lagged returns against current returns
Autocorrelation, which is Madison Mid 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 Madison Mid's mutual fund expected returns. We can calculate the autocorrelation of Madison Mid returns to help us make a trade decision. For example, suppose you find that Madison Mid 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 |
Madison Mid 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 Madison Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Madison Mid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Madison Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Madison Mid Lagged Returns
When evaluating Madison Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Madison Mid mutual fund have on its future price. Madison Mid 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, Madison Mid autocorrelation shows the relationship between Madison Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Madison Mid Cap.
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 Madison Mutual Fund
Madison Mid financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Mid security.
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