Buffalo Emerging Opportunities Fund Market Value
| BUFOX Fund | USD 16.92 0.33 1.91% |
| Symbol | Buffalo |
Buffalo Emerging '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 Buffalo Emerging'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 Buffalo Emerging.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Buffalo Emerging on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Buffalo Emerging Opportunities or generate 0.0% return on investment in Buffalo Emerging over 390 days. Buffalo Emerging is related to or competes with Vanguard Small-cap, Vanguard Small-cap, Vanguard Explorer, Vanguard Explorer, Janus Triton, Janus Triton, and Janus Triton. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securitie... More
Buffalo Emerging 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 Buffalo Emerging'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 Buffalo Emerging Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.7 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.75 |
Buffalo Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buffalo Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buffalo Emerging's standard deviation. In reality, there are many statistical measures that can use Buffalo Emerging historical prices to predict the future Buffalo Emerging's volatility.| Risk Adjusted Performance | 0.0483 | |||
| Jensen Alpha | 0.0586 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 2.18 |
Buffalo Emerging Opp Backtested Returns
At this stage we consider Buffalo Mutual Fund to be very steady. Buffalo Emerging Opp secures Sharpe Ratio (or Efficiency) of 0.0196, which signifies that the fund had a 0.0196% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Buffalo Emerging Opportunities, which you can use to evaluate the volatility of the entity. Please confirm Buffalo Emerging's mean deviation of 0.9128, and Risk Adjusted Performance of 0.0483 to double-check if the risk estimate we provide is consistent with the expected return of 0.0241%. The fund shows a Beta (market volatility) of 0.0282, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Buffalo Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Buffalo Emerging is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
Buffalo Emerging Opportunities has good predictability. Overlapping area represents the amount of predictability between Buffalo Emerging time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Buffalo Emerging Opp price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Buffalo Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Buffalo Emerging Opp lagged returns against current returns
Autocorrelation, which is Buffalo Emerging 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 Buffalo Emerging's mutual fund expected returns. We can calculate the autocorrelation of Buffalo Emerging returns to help us make a trade decision. For example, suppose you find that Buffalo Emerging 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 |
Buffalo Emerging 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 Buffalo Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buffalo Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buffalo Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Buffalo Emerging Lagged Returns
When evaluating Buffalo Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buffalo Emerging mutual fund have on its future price. Buffalo Emerging 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, Buffalo Emerging autocorrelation shows the relationship between Buffalo Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Buffalo Emerging Opportunities.
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 Buffalo Mutual Fund
Buffalo Emerging financial ratios help investors to determine whether Buffalo 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 Buffalo with respect to the benefits of owning Buffalo Emerging security.
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