Artisan Mid Cap Fund Market Value
| APHMX Fund | USD 48.83 0.14 0.29% |
| Symbol | Artisan |
Artisan Mid '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 Artisan Mid'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 Artisan Mid.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Artisan Mid on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Artisan Mid Cap or generate 0.0% return on investment in Artisan Mid over 30 days. Artisan Mid is related to or competes with Artisan Select, Artisan Developing, Artisan Focus, Artisan Small, Artisan Select, Artisan Global, and Artisan Mid. The fund normally invests no less than 80 percent of its net assets plus any borrowings for investment purposes at marke... More
Artisan Mid 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 Artisan Mid'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 Artisan Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.0646 | |||
| Maximum Drawdown | 4.94 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.58 |
Artisan Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artisan Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Artisan Mid's standard deviation. In reality, there are many statistical measures that can use Artisan Mid historical prices to predict the future Artisan Mid's volatility.| Risk Adjusted Performance | 0.153 | |||
| Jensen Alpha | 0.068 | |||
| Total Risk Alpha | 0.021 | |||
| Sortino Ratio | 0.0537 | |||
| Treynor Ratio | 0.196 |
Artisan Mid Cap Backtested Returns
Artisan Mid appears to be very steady, given 3 months investment horizon. Artisan Mid Cap secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Artisan Mid Cap, which you can use to evaluate the volatility of the entity. Please makes use of Artisan Mid's Risk Adjusted Performance of 0.153, downside deviation of 1.25, and Mean Deviation of 0.7678 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.99, which signifies possible diversification benefits within a given portfolio. Artisan Mid returns are very sensitive to returns on the market. As the market goes up or down, Artisan Mid is expected to follow.
Auto-correlation | 0.97 |
Excellent predictability
Artisan Mid Cap has excellent predictability. Overlapping area represents the amount of predictability between Artisan Mid time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Artisan Mid Cap price movement. The serial correlation of 0.97 indicates that 97.0% of current Artisan Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 1.35 |
Artisan Mid Cap lagged returns against current returns
Autocorrelation, which is Artisan Mid 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 Artisan Mid's mutual fund expected returns. We can calculate the autocorrelation of Artisan Mid returns to help us make a trade decision. For example, suppose you find that Artisan Mid 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 |
Artisan Mid 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 Artisan Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Artisan Mid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Artisan Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Artisan Mid Lagged Returns
When evaluating Artisan Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Artisan Mid mutual fund have on its future price. Artisan Mid 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, Artisan Mid autocorrelation shows the relationship between Artisan Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Artisan Mid Cap.
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 Artisan Mutual Fund
Artisan Mid financial ratios help investors to determine whether Artisan 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 Artisan with respect to the benefits of owning Artisan Mid security.
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