Century Small Cap Fund Statistic Functions Beta

CSMCX Fund  USD 50.10  0.05  0.1%   
Century Small statistic functions tool provides the execution environment for running the Beta function and other technical functions against Century Small. Century Small value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Century Small statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Century Small Cap correlated with the market. If Beta is less than 0 Century Small generally moves in the opposite direction as compared to the market. If Century Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Century Small Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Century Small is generally in the same direction as the market. If Beta > 1 Century Small moves generally in the same direction as, but more than the movement of the benchmark.

Century Small Technical Analysis Modules

Most technical analysis of Century Small help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Century from various momentum indicators to cycle indicators. When you analyze Century charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Century Small Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Century Small Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Century Small Cap based on widely used predictive technical indicators. In general, we focus on analyzing Century Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Century Small's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Century Small's intrinsic value. In addition to deriving basic predictive indicators for Century Small, we also check how macroeconomic factors affect Century Small price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Century Small's 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.
Hype
Prediction
LowEstimatedHigh
48.9450.1051.26
Details
Intrinsic
Valuation
LowRealHigh
48.0749.2350.39
Details
Naive
Forecast
LowNextHigh
48.8349.9951.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
48.3149.3950.48
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Century Small Cap pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Century Small position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Century Small will appreciate offsetting losses from the drop in the long position's value.

Century Small Pair Trading

Century Small Cap Pair Trading Analysis

The ability to find closely correlated positions to Century Small could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Small when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Century Small - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Century Small Cap to buy it.
The correlation of Century Small is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Century Small moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Small Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Century Small can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Century Mutual Fund

Century Small financial ratios help investors to determine whether Century 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 Century with respect to the benefits of owning Century Small security.
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