Ivy Small Cap Fund Market Value

WSGAX Fund  USD 11.74  0.25  2.09%   
Ivy Small's market value is the price at which a share of Ivy Small trades on a public exchange. It measures the collective expectations of Ivy Small Cap investors about its performance. Ivy Small is trading at 11.74 as of the 27th of March 2025; that is 2.09% down since the beginning of the trading day. The fund's open price was 11.99.
With this module, you can estimate the performance of a buy and hold strategy of Ivy Small Cap and determine expected loss or profit from investing in Ivy Small over a given investment horizon. Check out Ivy Small Correlation, Ivy Small Volatility and Ivy Small Alpha and Beta module to complement your research on Ivy Small.
Symbol

Please note, there is a significant difference between Ivy Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ivy Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ivy Small'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.

Ivy Small '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 Ivy Small'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 Ivy Small.
0.00
12/27/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/27/2025
0.00
If you would invest  0.00  in Ivy Small on December 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ivy Small Cap or generate 0.0% return on investment in Ivy Small over 90 days. Ivy Small is related to or competes with Barings Active, Prudential Short-term, Vanguard Ultra-short-term, Blackrock Short-term, Cmg Ultra, Virtus Multi-sector, and Calvert Short. The fund seeks to achieve its objective by investing, under normal circumstances, at least 80 percent of its net assets ... More

Ivy Small 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 Ivy Small'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 Ivy Small Cap upside and downside potential and time the market with a certain degree of confidence.

Ivy Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ivy Small's standard deviation. In reality, there are many statistical measures that can use Ivy Small historical prices to predict the future Ivy Small's volatility.
Hype
Prediction
LowEstimatedHigh
10.1711.7413.31
Details
Intrinsic
Valuation
LowRealHigh
10.2511.8213.39
Details
Naive
Forecast
LowNextHigh
10.8312.4013.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.8311.4712.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ivy Small. Your research has to be compared to or analyzed against Ivy Small's peers to derive any actionable benefits. When done correctly, Ivy Small's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ivy Small Cap.

Ivy Small Cap Backtested Returns

Ivy Small Cap holds Efficiency (Sharpe) Ratio of -0.068, which attests that the entity had a -0.068 % return per unit of risk over the last 3 months. Ivy Small Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ivy Small's Risk Adjusted Performance of (0.06), standard deviation of 1.57, and Market Risk Adjusted Performance of (0.10) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 1.22, which attests to 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, Ivy Small will likely underperform.

Auto-correlation

    
  -0.59  

Good reverse predictability

Ivy Small Cap has good reverse predictability. Overlapping area represents the amount of predictability between Ivy Small time series from 27th of December 2024 to 10th of February 2025 and 10th of February 2025 to 27th 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 Ivy Small Cap price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Ivy Small price fluctuation can be explain by its past prices.
Correlation Coefficient-0.59
Spearman Rank Test-0.6
Residual Average0.0
Price Variance0.42
Ivy ReturnsIvy Lagged ReturnsDiversified AwayIvy ReturnsIvy Lagged ReturnsDiversified Away100%

Ivy Small Cap lagged returns against current returns

Autocorrelation, which is Ivy Small 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 Ivy Small's mutual fund expected returns. We can calculate the autocorrelation of Ivy Small returns to help us make a trade decision. For example, suppose you find that Ivy Small 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 15Feb 20Feb 25MarMar 07Mar 12Mar 17Mar 22-15%-10%-5%0%5% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Ivy Small 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 Ivy Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ivy Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ivy Small mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 15Feb 20Feb 25MarMar 07Mar 12Mar 17Mar 2211.512.012.513.0
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Ivy Small Lagged Returns

When evaluating Ivy Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ivy Small mutual fund have on its future price. Ivy Small 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, Ivy Small autocorrelation shows the relationship between Ivy Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ivy Small Cap.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar11.011.512.012.513.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       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 Ivy Mutual Fund

Ivy Small financial ratios help investors to determine whether Ivy 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 Ivy with respect to the benefits of owning Ivy Small security.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities

Trending Assets

BXDCX
Barings Active Short
9.30  -0.01  -0.11 
VUBFX
Vanguard Ultra-short-term
10.05  0.01  0.1 
VMSSX
Virtus Multi Sector
4.56  0.00  0.00 
PSTQX
Prudential Short Term
10.69  -0.01  -0.09 
BIIPX
Blackrock Short Term
9.74  -0.01  -0.1 
CMGUX
Cmg Ultra Short
9.27  0.00  0.00 
CDICX
Calvert Short Duration
15.62  -0.01  -0.06 
News …Invest…