Smallcap Fund Fka Fund Market Value
| PSBMX Fund | USD 27.10 0.54 2.03% |
| Symbol | Smallcap |
Smallcap Fund '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 Smallcap Fund'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 Smallcap Fund.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Smallcap Fund on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Smallcap Fund Fka or generate 0.0% return on investment in Smallcap Fund over 30 days. Smallcap Fund is related to or competes with Greenspring Fund, Aqr Long-short, T Rowe, Gmo Global, Doubleline Core, Gmo Global, and Enhanced Fixed. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Smallcap Fund 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 Smallcap Fund'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 Smallcap Fund Fka upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.0397 | |||
| Maximum Drawdown | 9.63 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.72 |
Smallcap Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smallcap Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smallcap Fund's standard deviation. In reality, there are many statistical measures that can use Smallcap Fund historical prices to predict the future Smallcap Fund's volatility.| Risk Adjusted Performance | 0.0609 | |||
| Jensen Alpha | 0.0495 | |||
| Total Risk Alpha | 0.0371 | |||
| Sortino Ratio | 0.0383 | |||
| Treynor Ratio | 0.0734 |
Smallcap Fund Fka Backtested Returns
At this stage we consider Smallcap Mutual Fund to be very steady. Smallcap Fund Fka owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.068, which indicates the fund had a 0.068 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Smallcap Fund Fka, which you can use to evaluate the volatility of the fund. Please validate Smallcap Fund's Risk Adjusted Performance of 0.0609, semi deviation of 1.17, and Coefficient Of Variation of 1469.69 to confirm if the risk estimate we provide is consistent with the expected return of 0.0874%. The entity has a beta of 1.06, which indicates a somewhat significant risk relative to the market. Smallcap Fund returns are very sensitive to returns on the market. As the market goes up or down, Smallcap Fund is expected to follow.
Auto-correlation | 0.28 |
Poor predictability
Smallcap Fund Fka has poor predictability. Overlapping area represents the amount of predictability between Smallcap Fund time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 Smallcap Fund Fka price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Smallcap Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Smallcap Fund Fka lagged returns against current returns
Autocorrelation, which is Smallcap Fund 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 Smallcap Fund's mutual fund expected returns. We can calculate the autocorrelation of Smallcap Fund returns to help us make a trade decision. For example, suppose you find that Smallcap Fund 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 |
Smallcap Fund 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 Smallcap Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smallcap Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smallcap Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Smallcap Fund Lagged Returns
When evaluating Smallcap Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smallcap Fund mutual fund have on its future price. Smallcap Fund 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, Smallcap Fund autocorrelation shows the relationship between Smallcap Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Smallcap Fund Fka.
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 Smallcap Mutual Fund
Smallcap Fund financial ratios help investors to determine whether Smallcap 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 Smallcap with respect to the benefits of owning Smallcap Fund security.
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