Advisors Capital Smallmid Fund Market Value
| ACSMX Fund | USD 11.69 0.02 0.17% |
| Symbol | Advisors |
Advisors 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 Advisors 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 Advisors Capital.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Advisors Capital on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Advisors Capital Smallmid or generate 0.0% return on investment in Advisors Capital over 90 days. Advisors Capital is related to or competes with Advisors Capital, Salient Adaptive, Asg Managed, Allianzgi Short, and Advisors Capital. Under normal circumstances, the fund invests at least 80 percent of its assets in the securities of small- capitalizatio... More
Advisors 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 Advisors 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 Advisors Capital Smallmid upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7724 | |||
| Information Ratio | 0.1161 | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.99 |
Advisors Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advisors Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advisors Capital's standard deviation. In reality, there are many statistical measures that can use Advisors Capital historical prices to predict the future Advisors Capital's volatility.| Risk Adjusted Performance | 0.1844 | |||
| Jensen Alpha | 0.2257 | |||
| Total Risk Alpha | 0.0797 | |||
| Sortino Ratio | 0.1554 | |||
| Treynor Ratio | 2.79 |
Advisors Capital Smallmid Backtested Returns
Advisors Capital appears to be out of control, given 3 months investment horizon. Advisors Capital Smallmid secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Advisors Capital Smallmid, which you can use to evaluate the volatility of the entity. Please makes use of Advisors Capital's Mean Deviation of 0.7234, risk adjusted performance of 0.1844, and Downside Deviation of 0.7724 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.0844, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Advisors Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Advisors Capital is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
Advisors Capital Smallmid has good predictability. Overlapping area represents the amount of predictability between Advisors Capital time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th of November 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 Advisors Capital Smallmid price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Advisors Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Advisors Capital Smallmid lagged returns against current returns
Autocorrelation, which is Advisors 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 Advisors Capital's mutual fund expected returns. We can calculate the autocorrelation of Advisors Capital returns to help us make a trade decision. For example, suppose you find that Advisors 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 |
Advisors 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 Advisors Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advisors 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 Advisors Capital mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Advisors Capital Lagged Returns
When evaluating Advisors Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advisors Capital mutual fund have on its future price. Advisors 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, Advisors Capital autocorrelation shows the relationship between Advisors Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Advisors Capital Smallmid.
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 Advisors Mutual Fund
Advisors Capital financial ratios help investors to determine whether Advisors 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 Advisors with respect to the benefits of owning Advisors Capital security.
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