Kirr Marbach Partners Fund Market Value
| KMVAX Fund | USD 33.10 0.56 1.72% |
| Symbol | Kirr |
Kirr Marbach '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 Kirr Marbach'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 Kirr Marbach.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Kirr Marbach on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Kirr Marbach Partners or generate 0.0% return on investment in Kirr Marbach over 60 days. Kirr Marbach is related to or competes with Touchstone Sands, Madison Mid, Harbor Mid, James Small, and Amg Southernsun. The fund seeks to achieve its investment objective by investing in common stocks of companies with small-capitalizations... More
Kirr Marbach 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 Kirr Marbach'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 Kirr Marbach Partners upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.47 |
Kirr Marbach Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kirr Marbach's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kirr Marbach's standard deviation. In reality, there are many statistical measures that can use Kirr Marbach historical prices to predict the future Kirr Marbach's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.09) |
Kirr Marbach Partners Backtested Returns
Kirr Marbach Partners has Sharpe Ratio of -0.0152, which conveys that the entity had a -0.0152% return per unit of risk over the last 3 months. Kirr Marbach exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kirr Marbach's Mean Deviation of 0.86, risk adjusted performance of (0.01), and Standard Deviation of 1.37 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kirr Marbach's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kirr Marbach is expected to be smaller as well.
Auto-correlation | -0.32 |
Poor reverse predictability
Kirr Marbach Partners has poor reverse predictability. Overlapping area represents the amount of predictability between Kirr Marbach 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 Kirr Marbach Partners price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Kirr Marbach price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 1.65 |
Kirr Marbach Partners lagged returns against current returns
Autocorrelation, which is Kirr Marbach 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 Kirr Marbach's mutual fund expected returns. We can calculate the autocorrelation of Kirr Marbach returns to help us make a trade decision. For example, suppose you find that Kirr Marbach 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 |
Kirr Marbach 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 Kirr Marbach mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kirr Marbach mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kirr Marbach mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Kirr Marbach Lagged Returns
When evaluating Kirr Marbach's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kirr Marbach mutual fund have on its future price. Kirr Marbach 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, Kirr Marbach autocorrelation shows the relationship between Kirr Marbach mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kirr Marbach Partners.
Regressed Prices |
| Timeline |
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Other Information on Investing in Kirr Mutual Fund
Kirr Marbach financial ratios help investors to determine whether Kirr 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 Kirr with respect to the benefits of owning Kirr Marbach security.
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