Kopernik Global All Cap Fund Market Value
| KGGIX Fund | USD 11.72 0.13 1.12% |
| Symbol | Kopernik |
Kopernik Global '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 Kopernik Global'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 Kopernik Global.
| 09/06/2024 |
| 03/05/2025 |
If you would invest 0.00 in Kopernik Global on September 6, 2024 and sell it all today you would earn a total of 0.00 from holding Kopernik Global All Cap or generate 0.0% return on investment in Kopernik Global over 180 days. Kopernik Global is related to or competes with Segall Bryant, Ashmore Emerging, Champlain Small, Small Company, Franklin Small, Ep Emerging, and Needham Small. The fund plans to invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purpose... More
Kopernik Global 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 Kopernik Global'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 Kopernik Global All Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6483 | |||
| Information Ratio | 0.1382 | |||
| Maximum Drawdown | 3.2 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.12 |
Kopernik Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kopernik Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kopernik Global's standard deviation. In reality, there are many statistical measures that can use Kopernik Global historical prices to predict the future Kopernik Global's volatility.| Risk Adjusted Performance | 0.0145 | |||
| Jensen Alpha | 0.0062 | |||
| Total Risk Alpha | 0.0803 | |||
| Sortino Ratio | 0.142 | |||
| Treynor Ratio | 0.1465 |
Kopernik Global All Backtested Returns
At this stage we consider Kopernik Mutual Fund to be very steady. Kopernik Global All has Sharpe Ratio of 0.0184, which conveys that the entity had a 0.0184 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kopernik Global, which you can use to evaluate the volatility of the fund. Please verify Kopernik Global's Mean Deviation of 0.5482, downside deviation of 0.6483, and Risk Adjusted Performance of 0.0145 to check out if the risk estimate we provide is consistent with the expected return of 0.0124%. The fund secures a Beta (Market Risk) of 0.0264, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kopernik Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kopernik Global is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Kopernik Global All Cap has very good reverse predictability. Overlapping area represents the amount of predictability between Kopernik Global time series from 6th of September 2024 to 5th of December 2024 and 5th of December 2024 to 5th 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 Kopernik Global All price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Kopernik Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Kopernik Global All lagged returns against current returns
Autocorrelation, which is Kopernik Global 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 Kopernik Global's mutual fund expected returns. We can calculate the autocorrelation of Kopernik Global returns to help us make a trade decision. For example, suppose you find that Kopernik Global 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 |
Kopernik Global 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 Kopernik Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kopernik Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kopernik Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Kopernik Global Lagged Returns
When evaluating Kopernik Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kopernik Global mutual fund have on its future price. Kopernik Global 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, Kopernik Global autocorrelation shows the relationship between Kopernik Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kopernik Global All 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 Kopernik Mutual Fund
Kopernik Global financial ratios help investors to determine whether Kopernik 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 Kopernik with respect to the benefits of owning Kopernik Global security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |