Yorktown Small Cap Fund Market Value

YOVIX Fund  USD 16.75  0.10  0.60%   
Yorktown Small-cap's market value is the price at which a share of Yorktown Small-cap trades on a public exchange. It measures the collective expectations of Yorktown Small Cap Fund investors about its performance. Yorktown Small-cap is trading at 16.75 as of the 20th of January 2025; that is 0.60 percent up since the beginning of the trading day. The fund's open price was 16.65.
With this module, you can estimate the performance of a buy and hold strategy of Yorktown Small Cap Fund and determine expected loss or profit from investing in Yorktown Small-cap over a given investment horizon. Check out Yorktown Small-cap Correlation, Yorktown Small-cap Volatility and Yorktown Small-cap Alpha and Beta module to complement your research on Yorktown Small-cap.
Symbol

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

Yorktown Small-cap '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-cap'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-cap.
0.00
12/21/2024
No Change 0.00  0.0 
In 31 days
01/20/2025
0.00
If you would invest  0.00  in Yorktown Small-cap on December 21, 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-cap over 30 days. Yorktown Small-cap is related to or competes with James Balanced:, Oppenheimer Gold, Deutsche Gold, World Precious, and Precious Metals. The fund seeks to achieve its investment objective by investing in U.S More

Yorktown Small-cap 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-cap'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.

Yorktown Small-cap Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Yorktown Small-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yorktown Small-cap's standard deviation. In reality, there are many statistical measures that can use Yorktown Small-cap historical prices to predict the future Yorktown Small-cap's volatility.
Hype
Prediction
LowEstimatedHigh
15.5616.7517.94
Details
Intrinsic
Valuation
LowRealHigh
15.5116.7017.89
Details
Naive
Forecast
LowNextHigh
16.0417.2318.42
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.5116.5417.58
Details

Yorktown Small Cap Backtested Returns

At this stage we consider Yorktown Mutual Fund to be very steady. Yorktown Small Cap shows Sharpe Ratio of 0.0752, which attests that the fund had a 0.0752 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Yorktown Small Cap, which you can use to evaluate the volatility of the fund. Please check out Yorktown Small-cap's Market Risk Adjusted Performance of 0.0972, downside deviation of 1.2, and Mean Deviation of 0.843 to validate if the risk estimate we provide is consistent with the expected return of 0.0893%. The entity maintains a market beta of 0.53, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yorktown Small-cap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yorktown Small-cap is expected to be smaller as well.

Auto-correlation

    
  0.25  

Poor predictability

Yorktown Small Cap Fund has poor predictability. Overlapping area represents the amount of predictability between Yorktown Small-cap time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th 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 0.25 indicates that over 25.0% of current Yorktown Small-cap price fluctuation can be explain by its past prices.
Correlation Coefficient0.25
Spearman Rank Test0.3
Residual Average0.0
Price Variance0.08

Yorktown Small Cap lagged returns against current returns

Autocorrelation, which is Yorktown Small-cap 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-cap's mutual fund expected returns. We can calculate the autocorrelation of Yorktown Small-cap returns to help us make a trade decision. For example, suppose you find that Yorktown Small-cap 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-cap 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-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yorktown Small-cap 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-cap mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Yorktown Small-cap Lagged Returns

When evaluating Yorktown Small-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yorktown Small-cap mutual fund have on its future price. Yorktown Small-cap 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-cap autocorrelation shows the relationship between Yorktown Small-cap 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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Other Information on Investing in Yorktown Mutual Fund

Yorktown Small-cap 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-cap security.
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