Capital Appreciation Fund Market Value
| JICPX Fund | USD 14.79 0.36 2.38% |
| Symbol | Capital |
Capital Appreciation '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 Capital Appreciation'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 Capital Appreciation.
| 03/15/2023 |
| 03/04/2025 |
If you would invest 0.00 in Capital Appreciation on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Capital Appreciation Fund or generate 0.0% return on investment in Capital Appreciation over 720 days. Capital Appreciation is related to or competes with Neuberger Berman, Prudential High, High-yield Fund, Gmo High, Dunham High, Pace High, and Simt High. The fund invests at least 65 percent of its total assets in equity and equity-related securities of companies, at the ti... More
Capital Appreciation 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 Capital Appreciation'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 Capital Appreciation Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 16.51 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 1.75 |
Capital Appreciation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capital Appreciation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capital Appreciation's standard deviation. In reality, there are many statistical measures that can use Capital Appreciation historical prices to predict the future Capital Appreciation's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 0.3948 |
Capital Appreciation Backtested Returns
Capital Appreciation secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the fund had a -0.15 % return per unit of risk over the last 3 months. Capital Appreciation Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capital Appreciation's Risk Adjusted Performance of (0.08), mean deviation of 1.22, and Standard Deviation of 2.2 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Capital Appreciation are expected to decrease at a much lower rate. During the bear market, Capital Appreciation is likely to outperform the market.
Auto-correlation | 0.25 |
Poor predictability
Capital Appreciation Fund has poor predictability. Overlapping area represents the amount of predictability between Capital Appreciation time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th 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 Capital Appreciation price movement. The serial correlation of 0.25 indicates that over 25.0% of current Capital Appreciation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
Capital Appreciation lagged returns against current returns
Autocorrelation, which is Capital Appreciation 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 Capital Appreciation's mutual fund expected returns. We can calculate the autocorrelation of Capital Appreciation returns to help us make a trade decision. For example, suppose you find that Capital Appreciation 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 |
Capital Appreciation 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 Capital Appreciation mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capital Appreciation mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capital Appreciation mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Capital Appreciation Lagged Returns
When evaluating Capital Appreciation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capital Appreciation mutual fund have on its future price. Capital Appreciation 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, Capital Appreciation autocorrelation shows the relationship between Capital Appreciation mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Capital Appreciation 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 Capital Mutual Fund
Capital Appreciation financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital Appreciation security.
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