Copley Fund Inc Fund Market Value
| COPLX Fund | USD 179.49 4.35 2.37% |
| Symbol | Copley |
Copley 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 Copley Fund'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 Copley Fund.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Copley Fund on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Copley Fund Inc or generate 0.0% return on investment in Copley Fund over 720 days. Copley Fund is related to or competes with Aqr Large, Us Targeted, Blackrock Gbl, Herzfeld Caribbean, Praxis Growth, and Environment. Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in equity securities of domestic companies with medium to large market capitalizations . More
Copley 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 Copley Fund'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 Copley Fund Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4041 | |||
| Information Ratio | 0.0714 | |||
| Maximum Drawdown | 4.07 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 1.04 |
Copley Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copley Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copley Fund's standard deviation. In reality, there are many statistical measures that can use Copley Fund historical prices to predict the future Copley Fund's volatility.| Risk Adjusted Performance | 0.1273 | |||
| Jensen Alpha | 0.0582 | |||
| Total Risk Alpha | 0.0525 | |||
| Sortino Ratio | 0.1127 | |||
| Treynor Ratio | 0.1322 |
Copley Fund Backtested Returns
At this stage we consider Copley Mutual Fund to be very steady. Copley Fund secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Copley Fund Inc, which you can use to evaluate the volatility of the entity. Please confirm Copley Fund's Downside Deviation of 0.4041, mean deviation of 0.4331, and Risk Adjusted Performance of 0.1273 to double-check if the risk estimate we provide is consistent with the expected return of 0.0907%. The fund shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Copley Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Copley Fund is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Copley Fund Inc has good predictability. Overlapping area represents the amount of predictability between Copley Fund time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 Copley Fund price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Copley Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 76.3 |
Copley Fund lagged returns against current returns
Autocorrelation, which is Copley Fund 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 Copley Fund's mutual fund expected returns. We can calculate the autocorrelation of Copley Fund returns to help us make a trade decision. For example, suppose you find that Copley Fund 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 |
Copley 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 Copley Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copley Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Copley Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Copley Fund Lagged Returns
When evaluating Copley Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copley Fund mutual fund have on its future price. Copley 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, Copley Fund autocorrelation shows the relationship between Copley Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Copley Fund Inc.
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 Copley Mutual Fund
Copley Fund financial ratios help investors to determine whether Copley 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 Copley with respect to the benefits of owning Copley Fund security.
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