Bancroft Fund Market Value
| BCV-PA Preferred Stock | USD 24.15 0.07 0.29% |
| Symbol | Bancroft |
Bancroft Fund '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 Bancroft Fund's preferred stock 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 Bancroft Fund.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Bancroft Fund on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Bancroft Fund or generate 0.0% return on investment in Bancroft Fund over 720 days. Bancroft Fund is related to or competes with Ellsworth Growth, Gabelli Equity, Gabelli Utility, GAMCO Global, and Gabelli Dividend. Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc More
Bancroft Fund 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 Bancroft Fund's preferred stock 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 Bancroft Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4838 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 2.59 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 0.939 |
Bancroft Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bancroft Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bancroft Fund's standard deviation. In reality, there are many statistical measures that can use Bancroft Fund historical prices to predict the future Bancroft Fund's volatility.| Risk Adjusted Performance | 0.1283 | |||
| Jensen Alpha | 0.0909 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.64) |
Bancroft Fund Backtested Returns
At this point, Bancroft Fund is very steady. Bancroft Fund secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bancroft Fund, which you can use to evaluate the volatility of the firm. Please confirm Bancroft Fund's Downside Deviation of 0.4838, mean deviation of 0.3732, and Risk Adjusted Performance of 0.1283 to double-check if the risk estimate we provide is consistent with the expected return of 0.0891%. Bancroft Fund has a performance score of 14 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bancroft Fund are expected to decrease at a much lower rate. During the bear market, Bancroft Fund is likely to outperform the market. Bancroft Fund right now shows a risk of 0.49%. Please confirm Bancroft Fund total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Bancroft Fund will be following its price patterns.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Bancroft Fund has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Bancroft Fund time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Bancroft Fund price movement. The serial correlation of -0.71 indicates that around 71.0% of current Bancroft Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Bancroft Fund lagged returns against current returns
Autocorrelation, which is Bancroft Fund preferred stock'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 Bancroft Fund's preferred stock expected returns. We can calculate the autocorrelation of Bancroft Fund returns to help us make a trade decision. For example, suppose you find that Bancroft Fund has exhibited high autocorrelation historically, and you observe that the preferred stock 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 |
Bancroft Fund 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 Bancroft Fund preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bancroft Fund preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bancroft Fund preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Bancroft Fund Lagged Returns
When evaluating Bancroft Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bancroft Fund preferred stock have on its future price. Bancroft Fund 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, Bancroft Fund autocorrelation shows the relationship between Bancroft Fund preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Bancroft Fund.
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 Bancroft Preferred Stock
Bancroft Fund financial ratios help investors to determine whether Bancroft Preferred Stock 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 Bancroft with respect to the benefits of owning Bancroft Fund security.