Kopernik International Fund Market Value
| KGIRX Fund | USD 14.35 0.08 0.55% |
| Symbol | Kopernik |
Kopernik International '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 International'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 International.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Kopernik International on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Kopernik International or generate 0.0% return on investment in Kopernik International over 90 days. Kopernik International is related to or competes with Small Pany, Pace Small/medium, Glg Intl, Cardinal Small, Foundry Partners, Transamerica International, and Artisan Small. The fund, under normal market conditions, will invest primarily in equity securities of companies located throughout the... More
Kopernik International 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 International'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 International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6336 | |||
| Information Ratio | 0.4102 | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 1.23 |
Kopernik International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kopernik International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kopernik International's standard deviation. In reality, there are many statistical measures that can use Kopernik International historical prices to predict the future Kopernik International's volatility.| Risk Adjusted Performance | 0.186 | |||
| Jensen Alpha | 0.1454 | |||
| Total Risk Alpha | 0.2659 | |||
| Sortino Ratio | 0.4566 | |||
| Treynor Ratio | (12.67) |
Kopernik International Backtested Returns
At this stage we consider Kopernik Mutual Fund to be very steady. Kopernik International has Sharpe Ratio of 0.22, which conveys that the entity had a 0.22 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kopernik International, which you can use to evaluate the volatility of the fund. Please verify Kopernik International's Mean Deviation of 0.5199, downside deviation of 0.6336, and Risk Adjusted Performance of 0.186 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. The fund secures a Beta (Market Risk) of -0.0116, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kopernik International are expected to decrease at a much lower rate. During the bear market, Kopernik International is likely to outperform the market.
Auto-correlation | 0.21 |
Weak predictability
Kopernik International has weak predictability. Overlapping area represents the amount of predictability between Kopernik International time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 International price movement. The serial correlation of 0.21 indicates that over 21.0% of current Kopernik International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Kopernik International lagged returns against current returns
Autocorrelation, which is Kopernik International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Kopernik International returns to help us make a trade decision. For example, suppose you find that Kopernik International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kopernik International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Kopernik International Lagged Returns
When evaluating Kopernik International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kopernik International mutual fund have on its future price. Kopernik International 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 International autocorrelation shows the relationship between Kopernik International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kopernik International.
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 International 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 International security.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Transaction History View history of all your transactions and understand their impact on performance |