Fisher Small Cap Fund Market Value
| IUSCX Fund | USD 10.86 0.28 2.65% |
| Symbol | Fisher |
Fisher Investments '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 Fisher Investments' 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 Fisher Investments.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Fisher Investments on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Fisher Small Cap or generate 0.0% return on investment in Fisher Investments over 90 days. Fisher Investments is related to or competes with Foundry Partners, Siit Small, Cardinal Small, Small-midcap Dividend, Ab Small, Needham Small, and Glg Intl. The fund seeks to achieve its objective by investing primarily in a portfolio of equity securities of small cap issuers ... More
Fisher Investments 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 Fisher Investments' 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 Fisher Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 1.67 |
Fisher Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fisher Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fisher Investments' standard deviation. In reality, there are many statistical measures that can use Fisher Investments historical prices to predict the future Fisher Investments' volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fisher Investments' 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.
Fisher Investments Backtested Returns
Fisher Investments secures Sharpe Ratio (or Efficiency) of -0.23, which denotes the fund had a -0.23 % return per unit of risk over the last 3 months. Fisher Small Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fisher Investments' Mean Deviation of 0.9321, variance of 1.51, and Standard Deviation of 1.23 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.98, which means possible diversification benefits within a given portfolio. Fisher Investments returns are very sensitive to returns on the market. As the market goes up or down, Fisher Investments is expected to follow.
Auto-correlation | -0.58 |
Good reverse predictability
Fisher Small Cap has good reverse predictability. Overlapping area represents the amount of predictability between Fisher Investments time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Fisher Investments price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Fisher Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Fisher Investments lagged returns against current returns
Autocorrelation, which is Fisher Investments 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 Fisher Investments' mutual fund expected returns. We can calculate the autocorrelation of Fisher Investments returns to help us make a trade decision. For example, suppose you find that Fisher Investments 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 |
Fisher Investments 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 Fisher Investments mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fisher Investments mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fisher Investments mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fisher Investments Lagged Returns
When evaluating Fisher Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fisher Investments mutual fund have on its future price. Fisher Investments 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, Fisher Investments autocorrelation shows the relationship between Fisher Investments mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fisher Small 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 Fisher Mutual Fund
Fisher Investments financial ratios help investors to determine whether Fisher 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 Fisher with respect to the benefits of owning Fisher Investments security.
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