Ultrasmall Cap Profund Ultrasmall Cap Fund Market Value
| UAPSX Fund | USD 53.29 5.16 8.83% |
| Symbol | Ultrasmall |
Ultrasmall Cap '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 Ultrasmall Cap'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 Ultrasmall Cap.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Ultrasmall Cap on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Ultrasmall Cap Profund Ultrasmall Cap or generate 0.0% return on investment in Ultrasmall Cap over 720 days. Ultrasmall Cap is related to or competes with Vy Jpmorgan, Black Oak, Shelton Emerging, Barings Emerging, Rbc Emerging, and Pace International. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns ... More
Ultrasmall Cap 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 Ultrasmall Cap'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 Ultrasmall Cap Profund Ultrasmall Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.53 | |||
| Information Ratio | 6.0E-4 | |||
| Maximum Drawdown | 15.23 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 4.16 |
Ultrasmall Cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultrasmall Cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ultrasmall Cap's standard deviation. In reality, there are many statistical measures that can use Ultrasmall Cap historical prices to predict the future Ultrasmall Cap's volatility.| Risk Adjusted Performance | 0.016 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 6.0E-4 | |||
| Treynor Ratio | 0.0069 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ultrasmall Cap'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.
Ultrasmall Cap Profund Backtested Returns
Ultrasmall Cap Profund owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0125, which indicates the fund had a -0.0125% return per unit of risk over the last 3 months. Ultrasmall Cap Profund Ultrasmall Cap exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ultrasmall Cap's Risk Adjusted Performance of 0.016, coefficient of variation of 8873.5, and Semi Deviation of 2.37 to confirm the risk estimate we provide. The entity has a beta of 3.0, which indicates 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, Ultrasmall Cap will likely underperform.
Auto-correlation | -0.23 |
Weak reverse predictability
Ultrasmall Cap Profund Ultrasmall Cap has weak reverse predictability. Overlapping area represents the amount of predictability between Ultrasmall Cap 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 Ultrasmall Cap Profund price movement. The serial correlation of -0.23 indicates that over 23.0% of current Ultrasmall Cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 25.5 |
Ultrasmall Cap Profund lagged returns against current returns
Autocorrelation, which is Ultrasmall Cap 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 Ultrasmall Cap's mutual fund expected returns. We can calculate the autocorrelation of Ultrasmall Cap returns to help us make a trade decision. For example, suppose you find that Ultrasmall Cap 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 |
Ultrasmall Cap 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 Ultrasmall Cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ultrasmall Cap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ultrasmall Cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ultrasmall Cap Lagged Returns
When evaluating Ultrasmall Cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ultrasmall Cap mutual fund have on its future price. Ultrasmall Cap 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, Ultrasmall Cap autocorrelation shows the relationship between Ultrasmall Cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ultrasmall Cap Profund Ultrasmall 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 Ultrasmall Mutual Fund
Ultrasmall Cap financial ratios help investors to determine whether Ultrasmall 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 Ultrasmall with respect to the benefits of owning Ultrasmall Cap security.
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