Small Cap Value Profund Fund Market Value

SVPIX Fund  USD 119.36  0.12  0.10%   
Small-cap Value's market value is the price at which a share of Small-cap Value trades on a public exchange. It measures the collective expectations of Small Cap Value Profund investors about its performance. Small-cap Value is trading at 119.36 as of the 1st of December 2024; that is 0.10 percent up since the beginning of the trading day. The fund's open price was 119.24.
With this module, you can estimate the performance of a buy and hold strategy of Small Cap Value Profund and determine expected loss or profit from investing in Small-cap Value over a given investment horizon. Check out Small-cap Value Correlation, Small-cap Value Volatility and Small-cap Value Alpha and Beta module to complement your research on Small-cap Value.
Symbol

Please note, there is a significant difference between Small-cap Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Small-cap Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Small-cap Value's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Small-cap Value '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 Small-cap Value'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 Small-cap Value.
0.00
11/01/2024
No Change 0.00  0.0 
In 31 days
12/01/2024
0.00
If you would invest  0.00  in Small-cap Value on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Small Cap Value Profund or generate 0.0% return on investment in Small-cap Value over 30 days. Small-cap Value is related to or competes with Short Real, Short Real, Ultrashort Mid-cap, Ultrashort Mid-cap, Technology Ultrasector, Technology Ultrasector, and Large Cap. The fund invests in financial instruments that the fund Advisors believes, in combination, should track the performance ... More

Small-cap Value 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 Small-cap Value'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 Small Cap Value Profund upside and downside potential and time the market with a certain degree of confidence.

Small-cap Value Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Small-cap Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Small-cap Value's standard deviation. In reality, there are many statistical measures that can use Small-cap Value historical prices to predict the future Small-cap Value's volatility.
Hype
Prediction
LowEstimatedHigh
118.07119.36120.65
Details
Intrinsic
Valuation
LowRealHigh
108.52109.81131.30
Details
Naive
Forecast
LowNextHigh
118.38119.66120.95
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
112.59117.37122.15
Details

Small Cap Value Backtested Returns

At this stage we consider Small-cap Mutual Fund to be very steady. Small Cap Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Small Cap Value Profund, which you can use to evaluate the volatility of the fund. Please validate Small-cap Value's Semi Deviation of 0.8048, risk adjusted performance of 0.0948, and Coefficient Of Variation of 843.5 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. The entity has a beta of 1.44, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Small-cap Value will likely underperform.

Auto-correlation

    
  0.82  

Very good predictability

Small Cap Value Profund has very good predictability. Overlapping area represents the amount of predictability between Small-cap Value time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Small Cap Value price movement. The serial correlation of 0.82 indicates that around 82.0% of current Small-cap Value price fluctuation can be explain by its past prices.
Correlation Coefficient0.82
Spearman Rank Test0.31
Residual Average0.0
Price Variance5.71

Small Cap Value lagged returns against current returns

Autocorrelation, which is Small-cap Value 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 Small-cap Value's mutual fund expected returns. We can calculate the autocorrelation of Small-cap Value returns to help us make a trade decision. For example, suppose you find that Small-cap Value 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  

Small-cap Value 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 Small-cap Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Small-cap Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Small-cap Value mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Small-cap Value Lagged Returns

When evaluating Small-cap Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Small-cap Value mutual fund have on its future price. Small-cap Value 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, Small-cap Value autocorrelation shows the relationship between Small-cap Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Small Cap Value Profund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Small-cap Mutual Fund

Small-cap Value financial ratios help investors to determine whether Small-cap 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 Small-cap with respect to the benefits of owning Small-cap Value security.
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