The Midcap Growth Fund Market Value
| CFAGX Fund | USD 51.30 0.75 1.48% |
| Symbol | The |
The Midcap '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 The Midcap'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 The Midcap.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in The Midcap on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding The Midcap Growth or generate 0.0% return on investment in The Midcap over 30 days. The Midcap is related to or competes with The Kansas, The Bond, The Growth, The Missouri, The National, Commerce Midcap, and The Short. The fund normally invests at least 80 percent of its net assets plus any borrowings for investment purposes in stocks, p... More
The Midcap 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 The Midcap'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 Midcap Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.81 | |||
| Information Ratio | 0.0185 | |||
| Maximum Drawdown | 4.48 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.48 |
The Midcap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Midcap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Midcap's standard deviation. In reality, there are many statistical measures that can use The Midcap historical prices to predict the future The Midcap's volatility.| Risk Adjusted Performance | 0.131 | |||
| Jensen Alpha | 0.0149 | |||
| Total Risk Alpha | 3.0E-4 | |||
| Sortino Ratio | 0.0198 | |||
| Treynor Ratio | 0.1355 |
Midcap Growth Backtested Returns
At this stage we consider The Mutual Fund to be very steady. Midcap Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Midcap Growth, which you can use to evaluate the volatility of the fund. Please validate The Midcap's Risk Adjusted Performance of 0.131, coefficient of variation of 590.41, and Semi Deviation of 0.582 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The entity has a beta of 1.01, which indicates a somewhat significant risk relative to the market. the Midcap returns are very sensitive to returns on the market. As the market goes up or down, the Midcap is expected to follow.
Auto-correlation | 0.72 |
Good predictability
The Midcap Growth has good predictability. Overlapping area represents the amount of predictability between The Midcap time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Midcap Growth price movement. The serial correlation of 0.72 indicates that around 72.0% of current The Midcap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Midcap Growth lagged returns against current returns
Autocorrelation, which is The Midcap 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 The Midcap's mutual fund expected returns. We can calculate the autocorrelation of The Midcap returns to help us make a trade decision. For example, suppose you find that The Midcap 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 |
The Midcap 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 The Midcap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Midcap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Midcap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Midcap Lagged Returns
When evaluating The Midcap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Midcap mutual fund have on its future price. The Midcap 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, The Midcap autocorrelation shows the relationship between The Midcap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Midcap Growth.
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 The Mutual Fund
The Midcap financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Midcap security.
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