Fpa Crescent Fund Market Value
| FPCSX Fund | USD 43.18 0.02 0.05% |
| Symbol | Fpa |
Fpa Crescent '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 Fpa Crescent'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 Fpa Crescent.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Fpa Crescent on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Fpa Crescent or generate 0.0% return on investment in Fpa Crescent over 720 days. Fpa Crescent is related to or competes with T Rowe, Oklahoma Municipal, Bbh Intermediate, T Rowe, California High-yield, and Transamerica Intermediate. To pursue the funds investment objective, the funds portfolio managers invest in both equity and debt securities of comp... More
Fpa Crescent 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 Fpa Crescent'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 Fpa Crescent upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5527 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.32 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.6872 |
Fpa Crescent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fpa Crescent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fpa Crescent's standard deviation. In reality, there are many statistical measures that can use Fpa Crescent historical prices to predict the future Fpa Crescent's volatility.| Risk Adjusted Performance | 0.0764 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0812 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fpa Crescent'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.
Fpa Crescent Backtested Returns
At this stage we consider Fpa Mutual Fund to be very steady. Fpa Crescent secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the fund had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Fpa Crescent, which you can use to evaluate the volatility of the entity. Please confirm Fpa Crescent's Mean Deviation of 0.4, semi deviation of 0.4755, and Downside Deviation of 0.5527 to check if the risk estimate we provide is consistent with the expected return of 0.0541%. The fund shows a Beta (market volatility) of 0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fpa Crescent's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fpa Crescent is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
Fpa Crescent has good predictability. Overlapping area represents the amount of predictability between Fpa Crescent time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Fpa Crescent price movement. The serial correlation of 0.75 indicates that around 75.0% of current Fpa Crescent price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 2.34 |
Fpa Crescent lagged returns against current returns
Autocorrelation, which is Fpa Crescent 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 Fpa Crescent's mutual fund expected returns. We can calculate the autocorrelation of Fpa Crescent returns to help us make a trade decision. For example, suppose you find that Fpa Crescent 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 |
Fpa Crescent 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 Fpa Crescent mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fpa Crescent mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fpa Crescent mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fpa Crescent Lagged Returns
When evaluating Fpa Crescent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fpa Crescent mutual fund have on its future price. Fpa Crescent 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, Fpa Crescent autocorrelation shows the relationship between Fpa Crescent mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fpa Crescent.
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 Fpa Mutual Fund
Fpa Crescent financial ratios help investors to determine whether Fpa 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 Fpa with respect to the benefits of owning Fpa Crescent security.
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