Undiscovered Managers Behavioral Fund Market Value
| UBVCX Fund | USD 71.23 1.59 2.28% |
| Symbol | Undiscovered |
Undiscovered Managers '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 Undiscovered Managers' 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 Undiscovered Managers.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Undiscovered Managers on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Undiscovered Managers Behavioral or generate 0.0% return on investment in Undiscovered Managers over 90 days. Undiscovered Managers is related to or competes with Davis Government, Franklin Adjustable, Us Government, Wesmark Government, Us Government, Us Government, and Us Government. The fund seeks to achieve its objective by investing in common stocks of U.S More
Undiscovered Managers 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 Undiscovered Managers' 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 Undiscovered Managers Behavioral upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.47 |
Undiscovered Managers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Undiscovered Managers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Undiscovered Managers' standard deviation. In reality, there are many statistical measures that can use Undiscovered Managers historical prices to predict the future Undiscovered Managers' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Undiscovered Managers' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Undiscovered Managers Backtested Returns
Undiscovered Managers owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the fund had a -0.12 % return per unit of risk over the last 3 months. Undiscovered Managers Behavioral exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Undiscovered Managers' Variance of 1.26, coefficient of variation of (572.83), and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide. The entity has a beta of 0.84, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Undiscovered Managers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Undiscovered Managers is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Undiscovered Managers Behavioral has very good reverse predictability. Overlapping area represents the amount of predictability between Undiscovered Managers 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 Undiscovered Managers price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Undiscovered Managers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 3.8 |
Undiscovered Managers lagged returns against current returns
Autocorrelation, which is Undiscovered Managers 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 Undiscovered Managers' mutual fund expected returns. We can calculate the autocorrelation of Undiscovered Managers returns to help us make a trade decision. For example, suppose you find that Undiscovered Managers 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 |
Undiscovered Managers 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 Undiscovered Managers mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Undiscovered Managers mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Undiscovered Managers mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Undiscovered Managers Lagged Returns
When evaluating Undiscovered Managers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Undiscovered Managers mutual fund have on its future price. Undiscovered Managers 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, Undiscovered Managers autocorrelation shows the relationship between Undiscovered Managers mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Undiscovered Managers Behavioral.
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 Undiscovered Mutual Fund
Undiscovered Managers financial ratios help investors to determine whether Undiscovered 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 Undiscovered with respect to the benefits of owning Undiscovered Managers security.
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