Vy Umbia Small Fund Market Value
| ICSSX Fund | USD 16.93 0.13 0.77% |
| Symbol | ICSSX |
Vy Umbia '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 Vy Umbia'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 Vy Umbia.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Vy Umbia on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Vy Umbia Small or generate 0.0% return on investment in Vy Umbia over 60 days. Vy Umbia is related to or competes with Eic Value, Issachar Fund, Rbb Fund, Growth Strategy, and Small Cap. Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in equity securities of companies that have market capitalizations in the range of the companies within the Russell 2000 Value Index , at the time of purchase, that the sub-adviser believes are undervalued and have the potential for long-term growth. More
Vy Umbia 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 Vy Umbia'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 Vy Umbia Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.0151 | |||
| Maximum Drawdown | 10.36 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.67 |
Vy Umbia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vy Umbia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vy Umbia's standard deviation. In reality, there are many statistical measures that can use Vy Umbia historical prices to predict the future Vy Umbia's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | 0.027 | |||
| Total Risk Alpha | 0.0122 | |||
| Sortino Ratio | 0.0179 | |||
| Treynor Ratio | 0.1004 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vy Umbia'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.
Vy Umbia Small Backtested Returns
At this stage we consider ICSSX Mutual Fund to be very steady. Vy Umbia Small retains Efficiency (Sharpe Ratio) of 0.0382, which indicates the fund had a 0.0382% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Vy Umbia, which you can use to evaluate the volatility of the fund. Please validate Vy Umbia's Mean Deviation of 0.7657, downside deviation of 1.03, and Risk Adjusted Performance of 0.0304 to confirm if the risk estimate we provide is consistent with the expected return of 0.0473%. The entity owns a Beta (Systematic Risk) of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vy Umbia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vy Umbia is expected to be smaller as well.
Auto-correlation | -0.35 |
Poor reverse predictability
Vy Umbia Small has poor reverse predictability. Overlapping area represents the amount of predictability between Vy Umbia time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Vy Umbia Small price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Vy Umbia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Vy Umbia Small lagged returns against current returns
Autocorrelation, which is Vy Umbia 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 Vy Umbia's mutual fund expected returns. We can calculate the autocorrelation of Vy Umbia returns to help us make a trade decision. For example, suppose you find that Vy Umbia 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 |
Vy Umbia 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 Vy Umbia mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vy Umbia mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vy Umbia mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vy Umbia Lagged Returns
When evaluating Vy Umbia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vy Umbia mutual fund have on its future price. Vy Umbia 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, Vy Umbia autocorrelation shows the relationship between Vy Umbia mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vy Umbia Small.
Regressed Prices |
| Timeline |
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Other Information on Investing in ICSSX Mutual Fund
Vy Umbia financial ratios help investors to determine whether ICSSX 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 ICSSX with respect to the benefits of owning Vy Umbia security.
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