Clarkston Partners Fund Market Value
| CFSMX Fund | USD 15.41 0.20 1.31% |
| Symbol | Clarkston |
Clarkston Partners '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 Clarkston Partners' 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 Clarkston Partners.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Clarkston Partners on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Clarkston Partners Fund or generate 0.0% return on investment in Clarkston Partners over 30 days. Clarkston Partners is related to or competes with Clarkston Founders, Clarkston Partners, Vanguard Target, Vanguard Tax-managed, Fidelity Fund, and William Blair. Under normal circumstances, the fund invests primarily in U.S.-traded equity securities of small- and medium-market capi... More
Clarkston Partners 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 Clarkston Partners' 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 Clarkston Partners Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.674 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.63 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.28 |
Clarkston Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clarkston Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clarkston Partners' standard deviation. In reality, there are many statistical measures that can use Clarkston Partners historical prices to predict the future Clarkston Partners' volatility.| Risk Adjusted Performance | 0.1465 | |||
| Jensen Alpha | 0.0538 | |||
| Total Risk Alpha | 0.0135 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2233 |
Clarkston Partners Backtested Returns
At this stage we consider Clarkston Mutual Fund to be very steady. Clarkston Partners secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clarkston Partners Fund, which you can use to evaluate the volatility of the entity. Please confirm Clarkston Partners' mean deviation of 0.5328, and Risk Adjusted Performance of 0.1465 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clarkston Partners' returns are expected to increase less than the market. However, during the bear market, the loss of holding Clarkston Partners is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Clarkston Partners Fund has good predictability. Overlapping area represents the amount of predictability between Clarkston Partners 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 Clarkston Partners price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Clarkston Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Clarkston Partners lagged returns against current returns
Autocorrelation, which is Clarkston Partners 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 Clarkston Partners' mutual fund expected returns. We can calculate the autocorrelation of Clarkston Partners returns to help us make a trade decision. For example, suppose you find that Clarkston Partners 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 |
Clarkston Partners 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 Clarkston Partners mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clarkston Partners mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clarkston Partners mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clarkston Partners Lagged Returns
When evaluating Clarkston Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clarkston Partners mutual fund have on its future price. Clarkston Partners 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, Clarkston Partners autocorrelation shows the relationship between Clarkston Partners mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clarkston Partners 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 Clarkston Mutual Fund
Clarkston Partners financial ratios help investors to determine whether Clarkston 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 Clarkston with respect to the benefits of owning Clarkston Partners security.
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