The Chesapeake Growth Fund Market Value
| CHCGX Fund | USD 53.87 0.13 0.24% |
| Symbol | The |
The Chesapeake '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 Chesapeake'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 Chesapeake.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in The Chesapeake on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding The Chesapeake Growth or generate 0.0% return on investment in The Chesapeake over 720 days. The Chesapeake is related to or competes with Emerald Growth, Victory Rs, Hotchkis Wiley, Chase Growth, and Emerald Growth. The fund, which is a diversified separate investment portfolio of the Chesapeake Investment Trust , seeks capital apprec... More
The Chesapeake 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 Chesapeake'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 Chesapeake Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9241 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.1 |
The Chesapeake Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Chesapeake's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Chesapeake's standard deviation. In reality, there are many statistical measures that can use The Chesapeake historical prices to predict the future The Chesapeake's volatility.| Risk Adjusted Performance | 0.0603 | |||
| Jensen Alpha | 0.0569 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (2.16) |
Chesapeake Growth Backtested Returns
At this stage we consider The Mutual Fund to be very steady. Chesapeake Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Chesapeake Growth, which you can use to evaluate the volatility of the fund. Please validate The Chesapeake's Coefficient Of Variation of 1281.74, risk adjusted performance of 0.0603, and Semi Deviation of 0.8382 to confirm if the risk estimate we provide is consistent with the expected return of 0.0828%. The entity has a beta of -0.0249, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning the Chesapeake are expected to decrease at a much lower rate. During the bear market, the Chesapeake is likely to outperform the market.
Auto-correlation | 0.74 |
Good predictability
The Chesapeake Growth has good predictability. Overlapping area represents the amount of predictability between The Chesapeake time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 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 Chesapeake Growth price movement. The serial correlation of 0.74 indicates that around 74.0% of current The Chesapeake price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 3.63 |
Chesapeake Growth lagged returns against current returns
Autocorrelation, which is The Chesapeake 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 Chesapeake's mutual fund expected returns. We can calculate the autocorrelation of The Chesapeake returns to help us make a trade decision. For example, suppose you find that The Chesapeake 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 Chesapeake 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 Chesapeake mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Chesapeake 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 Chesapeake mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Chesapeake Lagged Returns
When evaluating The Chesapeake's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Chesapeake mutual fund have on its future price. The Chesapeake 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 Chesapeake autocorrelation shows the relationship between The Chesapeake mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Chesapeake 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 Chesapeake 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 Chesapeake security.
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