Boston Mon Equity Fund Market Value
| BCAMX Fund | USD 75.27 0.29 0.39% |
| Symbol | Boston |
Boston Common '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 Boston Common'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 Boston Common.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Boston Common on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Boston Mon Equity or generate 0.0% return on investment in Boston Common over 180 days. Boston Common is related to or competes with Boston Common, Jpmorgan Smartretirement, Nuveen Real, Transportation Portfolio, Thrivent High, New Economy, and Vanguard 500. The Adviser seeks to preserve and build capital over the long term through investing in a diversified portfolio of stock... More
Boston Common 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 Boston Common'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 Boston Mon Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8376 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.66 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.21 |
Boston Common Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boston Common's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boston Common's standard deviation. In reality, there are many statistical measures that can use Boston Common historical prices to predict the future Boston Common's volatility.| Risk Adjusted Performance | 0.1132 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.132 |
Boston Mon Equity Backtested Returns
At this stage we consider Boston Mutual Fund to be very steady. Boston Mon Equity secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Boston Mon Equity, which you can use to evaluate the volatility of the entity. Please confirm Boston Common's Risk Adjusted Performance of 0.1132, downside deviation of 0.8376, and Mean Deviation of 0.5519 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Boston Common's returns are expected to increase less than the market. However, during the bear market, the loss of holding Boston Common is expected to be smaller as well.
Auto-correlation | 0.26 |
Poor predictability
Boston Mon Equity has poor predictability. Overlapping area represents the amount of predictability between Boston Common time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Boston Mon Equity price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Boston Common price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 3.25 |
Boston Mon Equity lagged returns against current returns
Autocorrelation, which is Boston Common 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 Boston Common's mutual fund expected returns. We can calculate the autocorrelation of Boston Common returns to help us make a trade decision. For example, suppose you find that Boston Common 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 |
Boston Common 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 Boston Common mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boston Common mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boston Common mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Boston Common Lagged Returns
When evaluating Boston Common's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boston Common mutual fund have on its future price. Boston Common 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, Boston Common autocorrelation shows the relationship between Boston Common mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Boston Mon Equity.
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 Boston Mutual Fund
Boston Common financial ratios help investors to determine whether Boston 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 Boston with respect to the benefits of owning Boston Common security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |