Nuance Centrated Value Fund Market Value
| NCVLX Fund | USD 11.77 0.21 1.82% |
| Symbol | Nuance |
Nuance Centrated '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 Nuance Centrated'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 Nuance Centrated.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Nuance Centrated on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Nuance Centrated Value or generate 0.0% return on investment in Nuance Centrated over 90 days. Nuance Centrated is related to or competes with Tortoise Mlp, Nuance Mid, Lazard International, Baron Emerging, and Lazard Global. The fund invests primarily in common stocks of companies organized in the United States that the Adviser believes are hi... More
Nuance Centrated 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 Nuance Centrated'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 Nuance Centrated Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.8 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.69 |
Nuance Centrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuance Centrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuance Centrated's standard deviation. In reality, there are many statistical measures that can use Nuance Centrated historical prices to predict the future Nuance Centrated's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.55) |
Nuance Centrated Value Backtested Returns
Nuance Centrated Value has Sharpe Ratio of -0.15, which conveys that the entity had a -0.15 % return per unit of risk over the last 3 months. Nuance Centrated exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuance Centrated's Mean Deviation of 0.9088, standard deviation of 1.41, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nuance Centrated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nuance Centrated is expected to be smaller as well.
Auto-correlation | 0.04 |
Virtually no predictability
Nuance Centrated Value has virtually no predictability. Overlapping area represents the amount of predictability between Nuance Centrated 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 Nuance Centrated Value price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Nuance Centrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Nuance Centrated Value lagged returns against current returns
Autocorrelation, which is Nuance Centrated 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 Nuance Centrated's mutual fund expected returns. We can calculate the autocorrelation of Nuance Centrated returns to help us make a trade decision. For example, suppose you find that Nuance Centrated 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 |
Nuance Centrated 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 Nuance Centrated mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuance Centrated mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuance Centrated mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nuance Centrated Lagged Returns
When evaluating Nuance Centrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuance Centrated mutual fund have on its future price. Nuance Centrated 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, Nuance Centrated autocorrelation shows the relationship between Nuance Centrated mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nuance Centrated Value.
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 Nuance Mutual Fund
Nuance Centrated financial ratios help investors to determine whether Nuance 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 Nuance with respect to the benefits of owning Nuance Centrated security.
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