Small Pany Value Fund Market Value
| DTSVX Fund | USD 29.23 0.47 1.63% |
| Symbol | Small |
Small Company '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 Small Company'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 Small Company.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Small Company on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Small Pany Value or generate 0.0% return on investment in Small Company over 30 days. Small Company is related to or competes with Small Company, Large Company, Wilshire Large, Small Company, and Wilshire 5000. The fund invests substantially all of its assets in the common stock of companies with smaller market capitalizations-ge... More
Small Company 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 Small Company'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 Small Pany Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9541 | |||
| Information Ratio | 0.0052 | |||
| Maximum Drawdown | 8.04 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.03 |
Small Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Small Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Small Company's standard deviation. In reality, there are many statistical measures that can use Small Company historical prices to predict the future Small Company's volatility.| Risk Adjusted Performance | 0.0816 | |||
| Jensen Alpha | 0.118 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0074 | |||
| Treynor Ratio | 1.57 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Small Company'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.
Small Pany Value Backtested Returns
At this stage we consider Small Mutual Fund to be very steady. Small Pany Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0758, which indicates the fund had a 0.0758% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Small Pany Value, which you can use to evaluate the volatility of the fund. Please validate Small Company's Semi Deviation of 0.8206, risk adjusted performance of 0.0816, and Coefficient Of Variation of 993.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. The entity has a beta of 0.0813, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Small Company's returns are expected to increase less than the market. However, during the bear market, the loss of holding Small Company is expected to be smaller as well.
Auto-correlation | 0.07 |
Virtually no predictability
Small Pany Value has virtually no predictability. Overlapping area represents the amount of predictability between Small Company time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Small Pany Value price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Small Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Small Pany Value lagged returns against current returns
Autocorrelation, which is Small Company 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 Small Company's mutual fund expected returns. We can calculate the autocorrelation of Small Company returns to help us make a trade decision. For example, suppose you find that Small Company 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 |
Small Company 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 Small Company mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Small Company mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Small Company mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Small Company Lagged Returns
When evaluating Small Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Small Company mutual fund have on its future price. Small Company 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, Small Company autocorrelation shows the relationship between Small Company mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Small Pany Value.
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 Small Mutual Fund
Small Company financial ratios help investors to determine whether Small 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 Small with respect to the benefits of owning Small Company security.
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