Mid Capitalization Portfolio Fund Market Value
| SMIPX Fund | USD 16.90 0.10 0.60% |
| Symbol | Mid |
Mid Capitalization '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 Mid Capitalization'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 Mid Capitalization.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Mid Capitalization on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Mid Capitalization Portfolio or generate 0.0% return on investment in Mid Capitalization over 180 days. Mid Capitalization is related to or competes with Artisan Thematic, Growth Opportunities, Volumetric Fund, Omni Small-cap, Auer Growth, and Issachar Fund. The Portfolio will normally invest at least 80 percent of its total assets in equity securities of companies whose stock... More
Mid Capitalization 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 Mid Capitalization'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 Mid Capitalization Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9699 | |||
| Information Ratio | 0.0849 | |||
| Maximum Drawdown | 5.41 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 2.08 |
Mid Capitalization Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mid Capitalization's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mid Capitalization's standard deviation. In reality, there are many statistical measures that can use Mid Capitalization historical prices to predict the future Mid Capitalization's volatility.| Risk Adjusted Performance | 0.1659 | |||
| Jensen Alpha | 0.062 | |||
| Total Risk Alpha | 0.0397 | |||
| Sortino Ratio | 0.0938 | |||
| Treynor Ratio | 0.1781 |
Mid Capitalization Backtested Returns
Mid Capitalization appears to be very steady, given 3 months investment horizon. Mid Capitalization has Sharpe Ratio of 0.26, which conveys that the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mid Capitalization, which you can use to evaluate the volatility of the fund. Please exercise Mid Capitalization's Risk Adjusted Performance of 0.1659, downside deviation of 0.9699, and Mean Deviation of 0.7703 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 1.23, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mid Capitalization will likely underperform.
Auto-correlation | 0.56 |
Modest predictability
Mid Capitalization Portfolio has modest predictability. Overlapping area represents the amount of predictability between Mid Capitalization time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 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 Mid Capitalization price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Mid Capitalization price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Mid Capitalization lagged returns against current returns
Autocorrelation, which is Mid Capitalization 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 Mid Capitalization's mutual fund expected returns. We can calculate the autocorrelation of Mid Capitalization returns to help us make a trade decision. For example, suppose you find that Mid Capitalization 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 |
Mid Capitalization 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 Mid Capitalization mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mid Capitalization mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mid Capitalization mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mid Capitalization Lagged Returns
When evaluating Mid Capitalization's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mid Capitalization mutual fund have on its future price. Mid Capitalization 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, Mid Capitalization autocorrelation shows the relationship between Mid Capitalization mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mid Capitalization Portfolio.
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 Mid Mutual Fund
Mid Capitalization financial ratios help investors to determine whether Mid 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 Mid with respect to the benefits of owning Mid Capitalization security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |