Bancroft Fund Limited Stock Market Value
| BCV Stock | USD 18.47 0.34 1.88% |
| Symbol | Bancroft |
Bancroft Fund Limited Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bancroft Fund. If investors know Bancroft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bancroft Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Dividend Share 1.396 | Earnings Share (8.30) | Revenue Per Share 0.848 | Quarterly Revenue Growth (0.46) |
The market value of Bancroft Fund Limited is measured differently than its book value, which is the value of Bancroft that is recorded on the company's balance sheet. Investors also form their own opinion of Bancroft Fund's value that differs from its market value or its book value, called intrinsic value, which is Bancroft Fund's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bancroft Fund's market value can be influenced by many factors that don't directly affect Bancroft Fund's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bancroft Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancroft Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancroft Fund'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.
Bancroft Fund '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 Bancroft Fund's stock 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 Bancroft Fund.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Bancroft Fund on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Bancroft Fund Limited or generate 0.0% return on investment in Bancroft Fund over 570 days. Bancroft Fund is related to or competes with Aurora Innovation, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables. Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc More
Bancroft Fund 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 Bancroft Fund's stock 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 Bancroft Fund Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5889 | |||
| Information Ratio | 0.1723 | |||
| Maximum Drawdown | 3.02 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.31 |
Bancroft Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bancroft Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bancroft Fund's standard deviation. In reality, there are many statistical measures that can use Bancroft Fund historical prices to predict the future Bancroft Fund's volatility.| Risk Adjusted Performance | 0.2694 | |||
| Jensen Alpha | 0.1833 | |||
| Total Risk Alpha | 0.1307 | |||
| Sortino Ratio | 0.2076 | |||
| Treynor Ratio | 0.496 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bancroft Fund'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.
Bancroft Fund Limited Backtested Returns
Bancroft Fund appears to be very steady, given 3 months investment horizon. Bancroft Fund Limited secures Sharpe Ratio (or Efficiency) of 0.35, which signifies that the company had a 0.35% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bancroft Fund Limited, which you can use to evaluate the volatility of the firm. Please makes use of Bancroft Fund's Coefficient Of Variation of 282.89, mean deviation of 0.5736, and Risk Adjusted Performance of 0.2694 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bancroft Fund holds a performance score of 27. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bancroft Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bancroft Fund is expected to be smaller as well. Please check Bancroft Fund's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Bancroft Fund's price patterns will revert.
Auto-correlation | -0.34 |
Poor reverse predictability
Bancroft Fund Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Bancroft Fund time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 Bancroft Fund Limited price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Bancroft Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 1.11 |
Bancroft Fund Limited lagged returns against current returns
Autocorrelation, which is Bancroft Fund stock'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 Bancroft Fund's stock expected returns. We can calculate the autocorrelation of Bancroft Fund returns to help us make a trade decision. For example, suppose you find that Bancroft Fund has exhibited high autocorrelation historically, and you observe that the stock 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 |
Bancroft Fund 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 Bancroft Fund stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bancroft Fund stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bancroft Fund stock over time.
Current vs Lagged Prices |
| Timeline |
Bancroft Fund Lagged Returns
When evaluating Bancroft Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bancroft Fund stock have on its future price. Bancroft Fund 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, Bancroft Fund autocorrelation shows the relationship between Bancroft Fund stock current value and its past values and can show if there is a momentum factor associated with investing in Bancroft Fund Limited.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bancroft Stock Analysis
When running Bancroft Fund's price analysis, check to measure Bancroft Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bancroft Fund is operating at the current time. Most of Bancroft Fund's value examination focuses on studying past and present price action to predict the probability of Bancroft Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bancroft Fund's price. Additionally, you may evaluate how the addition of Bancroft Fund to your portfolios can decrease your overall portfolio volatility.