Partners Value Fund Market Value
| WPVLX Fund | USD 36.03 0.12 0.33% |
| Symbol | Partners |
Partners Value '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 Partners Value'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 Partners Value.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Partners Value on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Partners Value Fund or generate 0.0% return on investment in Partners Value over 360 days. Partners Value is related to or competes with Value Fund, Clipper Fund, Longleaf Partners, Meridian Trarian, and Third Avenue. The funds investment strategy is to buy above-average to highest-quality businesses, at prices that the advisor believes... More
Partners Value 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 Partners Value'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 Partners Value Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7097 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.73 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 1.07 |
Partners Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Partners Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Partners Value's standard deviation. In reality, there are many statistical measures that can use Partners Value historical prices to predict the future Partners Value's volatility.| Risk Adjusted Performance | 0.1053 | |||
| Jensen Alpha | 0.0814 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.7076 |
Partners Value Backtested Returns
At this stage we consider Partners Mutual Fund to be very steady. Partners Value maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Partners Value, which you can use to evaluate the volatility of the fund. Please check Partners Value's Semi Deviation of 0.5105, coefficient of variation of 686.9, and Risk Adjusted Performance of 0.1053 to confirm if the risk estimate we provide is consistent with the expected return of 0.0962%. The fund holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, Partners Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Partners Value is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
Partners Value Fund has good predictability. Overlapping area represents the amount of predictability between Partners Value time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Partners Value price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Partners Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 2.52 |
Partners Value lagged returns against current returns
Autocorrelation, which is Partners Value 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 Partners Value's mutual fund expected returns. We can calculate the autocorrelation of Partners Value returns to help us make a trade decision. For example, suppose you find that Partners Value 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 |
Partners Value 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 Partners Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Partners Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Partners Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Partners Value Lagged Returns
When evaluating Partners Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Partners Value mutual fund have on its future price. Partners Value 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, Partners Value autocorrelation shows the relationship between Partners Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Partners Value Fund.
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 Partners Mutual Fund
Partners Value financial ratios help investors to determine whether Partners 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 Partners with respect to the benefits of owning Partners Value security.
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