Artisan Thematic Fund Market Value

APDTX Fund  USD 22.37  0.19  0.84%   
Artisan Thematic's market value is the price at which a share of Artisan Thematic trades on a public exchange. It measures the collective expectations of Artisan Thematic Fund investors about its performance. Artisan Thematic is trading at 22.37 as of the 25th of February 2025; that is 0.84 percent down since the beginning of the trading day. The fund's open price was 22.56.
With this module, you can estimate the performance of a buy and hold strategy of Artisan Thematic Fund and determine expected loss or profit from investing in Artisan Thematic over a given investment horizon. Check out Artisan Thematic Correlation, Artisan Thematic Volatility and Artisan Thematic Alpha and Beta module to complement your research on Artisan Thematic.
Symbol

Please note, there is a significant difference between Artisan Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Artisan Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artisan Thematic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Artisan Thematic '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 Artisan Thematic'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 Artisan Thematic.
0.00
01/26/2025
No Change 0.00  0.0 
In 31 days
02/25/2025
0.00
If you would invest  0.00  in Artisan Thematic on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Artisan Thematic Fund or generate 0.0% return on investment in Artisan Thematic over 30 days. Artisan Thematic is related to or competes with Fidelity Advisor, Investment Managers, Europac Gold, World Precious, Sprott Gold, Franklin Gold, and First Eagle. The funds investment approach is based on idea generation, a systematic framework for analyzing companies and proactive ... More

Artisan Thematic 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 Artisan Thematic'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 Artisan Thematic Fund upside and downside potential and time the market with a certain degree of confidence.

Artisan Thematic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Artisan Thematic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Artisan Thematic's standard deviation. In reality, there are many statistical measures that can use Artisan Thematic historical prices to predict the future Artisan Thematic's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Artisan Thematic'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.
Hype
Prediction
LowEstimatedHigh
19.9021.8723.84
Details
Intrinsic
Valuation
LowRealHigh
20.6722.6424.61
Details
Naive
Forecast
LowNextHigh
20.8622.8324.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.4722.8024.12
Details

Artisan Thematic Backtested Returns

Artisan Thematic secures Sharpe Ratio (or Efficiency) of -0.0865, which signifies that the fund had a -0.0865 % return per unit of risk over the last 3 months. Artisan Thematic Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Artisan Thematic's Standard Deviation of 1.87, risk adjusted performance of (0.04), and Mean Deviation of 1.14 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.76, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Artisan Thematic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Artisan Thematic is expected to be smaller as well.

Auto-correlation

    
  -0.42  

Modest reverse predictability

Artisan Thematic Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Artisan Thematic time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Artisan Thematic price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Artisan Thematic price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test-0.31
Residual Average0.0
Price Variance0.17
Artisan ReturnsArtisan Lagged ReturnsDiversified AwayArtisan ReturnsArtisan Lagged ReturnsDiversified Away100%

Artisan Thematic lagged returns against current returns

Autocorrelation, which is Artisan Thematic 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 Artisan Thematic's mutual fund expected returns. We can calculate the autocorrelation of Artisan Thematic returns to help us make a trade decision. For example, suppose you find that Artisan Thematic 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 24-4%-3%-2%-1%0%1%2% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Artisan Thematic 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 Artisan Thematic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Artisan Thematic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Artisan Thematic mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 2422.923.023.123.223.323.423.523.623.7
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Artisan Thematic Lagged Returns

When evaluating Artisan Thematic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Artisan Thematic mutual fund have on its future price. Artisan Thematic 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, Artisan Thematic autocorrelation shows the relationship between Artisan Thematic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Artisan Thematic Fund.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 27Jan 31FebFeb 08Feb 12Feb 16Feb 20Feb 2422.222.422.622.823.023.223.423.623.8
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in Artisan Mutual Fund

Artisan Thematic financial ratios help investors to determine whether Artisan 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 Artisan with respect to the benefits of owning Artisan Thematic security.
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