Tributary Smallmid Cap Fund Market Value
| FSMCX Fund | USD 16.26 0.05 0.31% |
| Symbol | Tributary |
Tributary Smallmid '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 Tributary Smallmid'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 Tributary Smallmid.
| 06/10/2024 |
| 01/01/2026 |
If you would invest 0.00 in Tributary Smallmid on June 10, 2024 and sell it all today you would earn a total of 0.00 from holding Tributary Smallmid Cap or generate 0.0% return on investment in Tributary Smallmid over 570 days. Tributary Smallmid is related to or competes with Balanced Fund, Balanced Fund, Income Fund, Income Fund, Tributary Nebraska, and Short Intermediate. Under normal market conditions, the Advisor intends to invest at least 80 percent of its assets in common stocks and sec... More
Tributary Smallmid 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 Tributary Smallmid'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 Tributary Smallmid Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.8 |
Tributary Smallmid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tributary Smallmid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tributary Smallmid's standard deviation. In reality, there are many statistical measures that can use Tributary Smallmid historical prices to predict the future Tributary Smallmid's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tributary Smallmid'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.
Tributary Smallmid Cap Backtested Returns
Tributary Smallmid Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0343, which indicates the fund had a -0.0343 % return per unit of risk over the last 3 months. Tributary Smallmid Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tributary Smallmid's Risk Adjusted Performance of (0.01), variance of 0.869, and Coefficient Of Variation of (4,719) to confirm the risk estimate we provide. The entity has a beta of 1.0, which indicates possible diversification benefits within a given portfolio. Tributary Smallmid returns are very sensitive to returns on the market. As the market goes up or down, Tributary Smallmid is expected to follow.
Auto-correlation | 0.52 |
Modest predictability
Tributary Smallmid Cap has modest predictability. Overlapping area represents the amount of predictability between Tributary Smallmid time series from 10th of June 2024 to 22nd of March 2025 and 22nd of March 2025 to 1st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tributary Smallmid Cap price movement. The serial correlation of 0.52 indicates that about 52.0% of current Tributary Smallmid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Tributary Smallmid Cap lagged returns against current returns
Autocorrelation, which is Tributary Smallmid 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 Tributary Smallmid's mutual fund expected returns. We can calculate the autocorrelation of Tributary Smallmid returns to help us make a trade decision. For example, suppose you find that Tributary Smallmid 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 |
Tributary Smallmid 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 Tributary Smallmid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tributary Smallmid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tributary Smallmid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tributary Smallmid Lagged Returns
When evaluating Tributary Smallmid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tributary Smallmid mutual fund have on its future price. Tributary Smallmid 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, Tributary Smallmid autocorrelation shows the relationship between Tributary Smallmid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tributary Smallmid 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 Tributary Mutual Fund
Tributary Smallmid financial ratios help investors to determine whether Tributary 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 Tributary with respect to the benefits of owning Tributary Smallmid security.
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