1290 Gamco Smallmid Fund Market Value
| TNVAX Fund | USD 16.13 0.37 2.24% |
| Symbol | 1290 |
1290 Gamco '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 1290 Gamco'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 1290 Gamco.
| 12/29/2024 |
| 03/29/2025 |
If you would invest 0.00 in 1290 Gamco on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding 1290 Gamco Smallmid or generate 0.0% return on investment in 1290 Gamco over 90 days. 1290 Gamco is related to or competes with Gmo High, Siit High, Pace High, and Barings Us. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purpo... More
1290 Gamco 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 1290 Gamco'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 1290 Gamco Smallmid upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.49 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.44 |
1290 Gamco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1290 Gamco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1290 Gamco's standard deviation. In reality, there are many statistical measures that can use 1290 Gamco historical prices to predict the future 1290 Gamco's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.6031 |
1290 Gamco Smallmid Backtested Returns
1290 Gamco Smallmid retains Efficiency (Sharpe Ratio) of -0.0697, which signifies that the fund had a -0.0697 % return per unit of price deviation over the last 3 months. 1290 Gamco exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 1290 Gamco's Information Ratio of (0.03), market risk adjusted performance of 0.6131, and Variance of 1.09 to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 1290 Gamco are expected to decrease at a much lower rate. During the bear market, 1290 Gamco is likely to outperform the market.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
1290 Gamco Smallmid has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 1290 Gamco time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th 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 1290 Gamco Smallmid price movement. The serial correlation of -0.73 indicates that around 73.0% of current 1290 Gamco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
1290 Gamco Smallmid lagged returns against current returns
Autocorrelation, which is 1290 Gamco 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 1290 Gamco's mutual fund expected returns. We can calculate the autocorrelation of 1290 Gamco returns to help us make a trade decision. For example, suppose you find that 1290 Gamco 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 |
1290 Gamco 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 1290 Gamco mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1290 Gamco mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1290 Gamco mutual fund over time.
Current vs Lagged Prices |
| Timeline |
1290 Gamco Lagged Returns
When evaluating 1290 Gamco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1290 Gamco mutual fund have on its future price. 1290 Gamco 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, 1290 Gamco autocorrelation shows the relationship between 1290 Gamco mutual fund current value and its past values and can show if there is a momentum factor associated with investing in 1290 Gamco Smallmid.
Regressed Prices |
| Timeline |
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Other Information on Investing in 1290 Mutual Fund
1290 Gamco financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Gamco security.
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