Hunter Small Cap Fund Market Value
| HSCVX Fund | USD 12.61 0.07 0.56% |
| Symbol | Hunter |
Hunter Small '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 Hunter Small'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 Hunter Small.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Hunter Small on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Hunter Small Cap or generate 0.0% return on investment in Hunter Small over 180 days. The fund pursues its objective by investing, under normal circumstances, at least 80 percent of its net assets in a dive... More
Hunter Small 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 Hunter Small'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 Hunter Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.08 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.49 |
Hunter Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hunter Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hunter Small's standard deviation. In reality, there are many statistical measures that can use Hunter Small historical prices to predict the future Hunter Small's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hunter 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.
Hunter Small Cap Backtested Returns
Hunter Small Cap holds Efficiency (Sharpe) Ratio of -0.0042, which attests that the entity had a -0.0042% return per unit of risk over the last 3 months. Hunter Small Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hunter Small's Market Risk Adjusted Performance of (0.29), risk adjusted performance of (0.01), and Standard Deviation of 1.07 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0787, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hunter Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hunter Small is expected to be smaller as well.
Auto-correlation | 0.22 |
Weak predictability
Hunter Small Cap has weak predictability. Overlapping area represents the amount of predictability between Hunter Small time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Hunter Small Cap price movement. The serial correlation of 0.22 indicates that over 22.0% of current Hunter Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Hunter Small Cap lagged returns against current returns
Autocorrelation, which is Hunter Small 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 Hunter Small's mutual fund expected returns. We can calculate the autocorrelation of Hunter Small returns to help us make a trade decision. For example, suppose you find that Hunter Small 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 |
Hunter Small 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 Hunter Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hunter Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hunter Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hunter Small Lagged Returns
When evaluating Hunter Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hunter Small mutual fund have on its future price. Hunter Small 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, Hunter Small autocorrelation shows the relationship between Hunter Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hunter Small 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 Hunter Mutual Fund
Hunter Small financial ratios help investors to determine whether Hunter 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 Hunter with respect to the benefits of owning Hunter Small security.
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