Yorktown Small Cap Fund Market Value
| YOVIX Fund | USD 16.19 0.05 0.31% |
| Symbol | Yorktown |
Yorktown 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 Yorktown 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 Yorktown Small.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Yorktown Small on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Yorktown Small Cap Fund or generate 0.0% return on investment in Yorktown Small over 30 days. Yorktown Small is related to or competes with Vanguard Financials, Prudential Financial, Rmb Mendon, Davis Financial, and Gabelli Global. The fund seeks to achieve its investment objective by investing in U.S More
Yorktown 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 Yorktown 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 Yorktown Small Cap Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.0185 | |||
| Maximum Drawdown | 8.73 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.8 |
Yorktown Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yorktown Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yorktown Small's standard deviation. In reality, there are many statistical measures that can use Yorktown Small historical prices to predict the future Yorktown Small's volatility.| Risk Adjusted Performance | 0.0337 | |||
| Jensen Alpha | 0.029 | |||
| Total Risk Alpha | 0.0161 | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | 0.0913 |
Yorktown Small Cap Backtested Returns
At this stage we consider Yorktown Mutual Fund to be very steady. Yorktown Small Cap shows Sharpe Ratio of 0.0344, which attests that the fund had a 0.0344% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yorktown Small Cap, which you can use to evaluate the volatility of the fund. Please check out Yorktown Small's Downside Deviation of 1.14, mean deviation of 0.8155, and Market Risk Adjusted Performance of 0.1013 to validate if the risk estimate we provide is consistent with the expected return of 0.0406%. The entity maintains a market beta of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yorktown Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yorktown Small is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
Yorktown Small Cap Fund has poor reverse predictability. Overlapping area represents the amount of predictability between Yorktown Small time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 Yorktown Small Cap price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Yorktown Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Yorktown Small Cap lagged returns against current returns
Autocorrelation, which is Yorktown 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 Yorktown Small's mutual fund expected returns. We can calculate the autocorrelation of Yorktown Small returns to help us make a trade decision. For example, suppose you find that Yorktown 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 |
| Timeline |
Yorktown 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 Yorktown Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yorktown 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 Yorktown Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Yorktown Small Lagged Returns
When evaluating Yorktown Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yorktown Small mutual fund have on its future price. Yorktown 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, Yorktown Small autocorrelation shows the relationship between Yorktown Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Yorktown Small Cap Fund.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Yorktown Mutual Fund
Yorktown Small financial ratios help investors to determine whether Yorktown 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 Yorktown with respect to the benefits of owning Yorktown Small security.
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