The Brown Capital Fund Market Value
| BCSSX Fund | USD 84.06 0.44 0.53% |
| Symbol | Brown |
Brown 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 Brown 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 Brown Capital.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Brown Capital on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding The Brown Capital or generate 0.0% return on investment in Brown Capital over 720 days. Brown Capital is related to or competes with Pimco Commoditiesplus, International Fund, Cohen Steers, New World, and Goldman Sachs. The fund invests at least 80 percent of its net assets in the equity securities of those companies with total operating ... More
Brown 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 Brown 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 The Brown Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | 0.0687 | |||
| Maximum Drawdown | 7.41 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.89 |
Brown Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brown Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brown Capital's standard deviation. In reality, there are many statistical measures that can use Brown Capital historical prices to predict the future Brown Capital's volatility.| Risk Adjusted Performance | 0.1378 | |||
| Jensen Alpha | 0.1764 | |||
| Total Risk Alpha | 0.0118 | |||
| Sortino Ratio | 0.0712 | |||
| Treynor Ratio | 0.8782 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brown Capital'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.
Brown Capital Backtested Returns
Brown Capital appears to be very steady, given 3 months investment horizon. Brown Capital secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the fund had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for The Brown Capital, which you can use to evaluate the volatility of the entity. Please makes use of Brown Capital's Risk Adjusted Performance of 0.1378, mean deviation of 0.8792, and Semi Deviation of 0.8828 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brown Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brown Capital is expected to be smaller as well.
Auto-correlation | -0.22 |
Weak reverse predictability
The Brown Capital has weak reverse predictability. Overlapping area represents the amount of predictability between Brown Capital time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Brown Capital price movement. The serial correlation of -0.22 indicates that over 22.0% of current Brown Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 9.58 |
Brown Capital lagged returns against current returns
Autocorrelation, which is Brown 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 Brown Capital's mutual fund expected returns. We can calculate the autocorrelation of Brown Capital returns to help us make a trade decision. For example, suppose you find that Brown 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 |
Brown 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 Brown Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brown 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 Brown Capital mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Brown Capital Lagged Returns
When evaluating Brown Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brown Capital mutual fund have on its future price. Brown 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, Brown Capital autocorrelation shows the relationship between Brown Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Brown Capital.
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 Brown Mutual Fund
Brown Capital financial ratios help investors to determine whether Brown 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 Brown with respect to the benefits of owning Brown Capital security.
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