Kennedy Capital Small Fund Market Value
| KVALX Fund | USD 12.10 0.05 0.41% |
| Symbol | Kennedy |
Kennedy Capital '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 Kennedy Capital'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 Kennedy Capital.
| 10/27/2023 |
| 12/20/2024 |
If you would invest 0.00 in Kennedy Capital on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Kennedy Capital Small or generate 0.0% return on investment in Kennedy Capital over 420 days. Kennedy Capital is related to or competes with Metropolitan West, Dreyfusstandish Global, T Rowe, Multisector Bond, Franklin High, and Artisan High. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of small capital... More
Kennedy Capital 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 Kennedy Capital'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 Kennedy Capital Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.1 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.0 |
Kennedy Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kennedy Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kennedy Capital's standard deviation. In reality, there are many statistical measures that can use Kennedy Capital historical prices to predict the future Kennedy Capital's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.16) |
Kennedy Capital Small Backtested Returns
Kennedy Capital Small has Sharpe Ratio of -0.0389, which conveys that the entity had a -0.0389% return per unit of risk over the last 3 months. Kennedy Capital exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kennedy Capital's Risk Adjusted Performance of (0.02), standard deviation of 1.47, and Mean Deviation of 0.957 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kennedy Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kennedy Capital is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
Kennedy Capital Small has good predictability. Overlapping area represents the amount of predictability between Kennedy Capital time series from 27th of October 2023 to 24th of May 2024 and 24th of May 2024 to 20th 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 Kennedy Capital Small price movement. The serial correlation of 0.75 indicates that around 75.0% of current Kennedy Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Kennedy Capital Small lagged returns against current returns
Autocorrelation, which is Kennedy Capital 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 Kennedy Capital's mutual fund expected returns. We can calculate the autocorrelation of Kennedy Capital returns to help us make a trade decision. For example, suppose you find that Kennedy Capital 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 |
Kennedy Capital 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 Kennedy Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kennedy Capital mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kennedy Capital mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Kennedy Capital Lagged Returns
When evaluating Kennedy Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kennedy Capital mutual fund have on its future price. Kennedy Capital 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, Kennedy Capital autocorrelation shows the relationship between Kennedy Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kennedy Capital Small.
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 Kennedy Mutual Fund
Kennedy Capital financial ratios help investors to determine whether Kennedy 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 Kennedy with respect to the benefits of owning Kennedy Capital security.
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