Jackson Square Smid Cap Fund Market Value
| DCGTX Fund | USD 20.13 0.08 0.40% |
| Symbol | Jackson |
Jackson Square '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 Jackson Square'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 Jackson Square.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Jackson Square on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Jackson Square Smid Cap or generate 0.0% return on investment in Jackson Square over 30 days. Jackson Square is related to or competes with Jackson Square, Jackson Square, William Blair, and Amg Managers. The fund invests at least 80 percent of its net assets in securities issued by small-and mid-capitalization companies More
Jackson Square 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 Jackson Square'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 Jackson Square Smid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 6.84 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 2.02 |
Jackson Square Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jackson Square's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jackson Square's standard deviation. In reality, there are many statistical measures that can use Jackson Square historical prices to predict the future Jackson Square's volatility.| Risk Adjusted Performance | 0.0885 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0931 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jackson Square's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jackson Square Smid Backtested Returns
At this stage we consider Jackson Mutual Fund to be very steady. Jackson Square Smid holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jackson Square Smid, which you can use to evaluate the volatility of the entity. Please check out Jackson Square's Risk Adjusted Performance of 0.0885, market risk adjusted performance of 0.1031, and Downside Deviation of 1.16 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. The fund retains a Market Volatility (i.e., Beta) of 1.32, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jackson Square will likely underperform.
Auto-correlation | 0.62 |
Good predictability
Jackson Square Smid Cap has good predictability. Overlapping area represents the amount of predictability between Jackson Square time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Jackson Square Smid price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Jackson Square price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Jackson Square Smid lagged returns against current returns
Autocorrelation, which is Jackson Square 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 Jackson Square's mutual fund expected returns. We can calculate the autocorrelation of Jackson Square returns to help us make a trade decision. For example, suppose you find that Jackson Square 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 |
Jackson Square 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 Jackson Square mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jackson Square mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jackson Square mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jackson Square Lagged Returns
When evaluating Jackson Square's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jackson Square mutual fund have on its future price. Jackson Square 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, Jackson Square autocorrelation shows the relationship between Jackson Square mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jackson Square Smid Cap.
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 Jackson Mutual Fund
Jackson Square financial ratios help investors to determine whether Jackson 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 Jackson with respect to the benefits of owning Jackson Square security.
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