Broadview Opportunity Fund Market Value
| BVAOX Fund | USD 13.09 0.02 0.15% |
| Symbol | Broadview |
Broadview Opportunity '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 Broadview Opportunity'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 Broadview Opportunity.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Broadview Opportunity on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Broadview Opportunity Fund or generate 0.0% return on investment in Broadview Opportunity over 540 days. Broadview Opportunity is related to or competes with Invesco Global, Mainstay High, Mfs Emerging, Amg Timessquare, and Victory Rs. The fund invests primarily in a diversified mix of common stocks of small cap U.S More
Broadview Opportunity 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 Broadview Opportunity'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 Broadview Opportunity Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8927 | |||
| Information Ratio | 0.0869 | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.77 |
Broadview Opportunity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Broadview Opportunity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Broadview Opportunity's standard deviation. In reality, there are many statistical measures that can use Broadview Opportunity historical prices to predict the future Broadview Opportunity's volatility.| Risk Adjusted Performance | 0.1713 | |||
| Jensen Alpha | 0.2109 | |||
| Total Risk Alpha | 0.0453 | |||
| Sortino Ratio | 0.1 | |||
| Treynor Ratio | 4.62 |
Broadview Opportunity Backtested Returns
Broadview Opportunity appears to be very steady, given 3 months investment horizon. Broadview Opportunity secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Broadview Opportunity Fund, which you can use to evaluate the volatility of the entity. Please makes use of Broadview Opportunity's Risk Adjusted Performance of 0.1713, downside deviation of 0.8927, and Mean Deviation of 0.7482 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.0469, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Broadview Opportunity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Broadview Opportunity is expected to be smaller as well.
Auto-correlation | 0.58 |
Modest predictability
Broadview Opportunity Fund has modest predictability. Overlapping area represents the amount of predictability between Broadview Opportunity time series from 9th of June 2023 to 5th of March 2024 and 5th of March 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 Broadview Opportunity price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Broadview Opportunity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Broadview Opportunity lagged returns against current returns
Autocorrelation, which is Broadview Opportunity 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 Broadview Opportunity's mutual fund expected returns. We can calculate the autocorrelation of Broadview Opportunity returns to help us make a trade decision. For example, suppose you find that Broadview Opportunity 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 |
Broadview Opportunity 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 Broadview Opportunity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Broadview Opportunity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Broadview Opportunity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Broadview Opportunity Lagged Returns
When evaluating Broadview Opportunity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Broadview Opportunity mutual fund have on its future price. Broadview Opportunity 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, Broadview Opportunity autocorrelation shows the relationship between Broadview Opportunity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Broadview Opportunity Fund.
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 Broadview Mutual Fund
Broadview Opportunity financial ratios help investors to determine whether Broadview 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 Broadview with respect to the benefits of owning Broadview Opportunity security.
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