Embark Small Cap Fund Market Value
| ESCWX Fund | 11.08 0.14 1.25% |
| Symbol | Embark |
Embark Small '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 Embark Small'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 Embark Small.
| 02/12/2024 |
| 02/06/2025 |
If you would invest 0.00 in Embark Small on February 12, 2024 and sell it all today you would earn a total of 0.00 from holding Embark Small Cap or generate 0.0% return on investment in Embark Small over 360 days. Embark Small is related to or competes with Diamond Hill, Small Pany, Amg Gwk, and Deutsche Real. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purpo... More
Embark Small 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 Embark Small'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 Embark Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 4.0E-4 | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.56 |
Embark Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embark Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embark Small's standard deviation. In reality, there are many statistical measures that can use Embark Small historical prices to predict the future Embark Small's volatility.| Risk Adjusted Performance | 0.0274 | |||
| Jensen Alpha | 0.0205 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | 0.1184 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Embark Small'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.
Embark Small Cap Backtested Returns
Embark Small Cap secures Sharpe Ratio (or Efficiency) of -0.0607, which denotes the fund had a -0.0607 % return per unit of standard deviation over the last 3 months. Embark Small Cap exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Embark Small's Downside Deviation of 1.2, semi deviation of 1.08, and Mean Deviation of 0.7944 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, Embark Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Embark Small is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Embark Small Cap has below average predictability. Overlapping area represents the amount of predictability between Embark Small time series from 12th of February 2024 to 10th of August 2024 and 10th of August 2024 to 6th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Embark Small Cap price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Embark Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Embark Small Cap lagged returns against current returns
Autocorrelation, which is Embark Small 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 Embark Small's mutual fund expected returns. We can calculate the autocorrelation of Embark Small returns to help us make a trade decision. For example, suppose you find that Embark Small 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 |
Embark Small 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 Embark Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embark Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embark Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Embark Small Lagged Returns
When evaluating Embark Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embark Small mutual fund have on its future price. Embark Small 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, Embark Small autocorrelation shows the relationship between Embark Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Embark Small 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 Embark Mutual Fund
Embark Small financial ratios help investors to determine whether Embark 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 Embark with respect to the benefits of owning Embark Small security.
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