Eagle Small Cap Fund Market Value
| HRSCX Fund | USD 26.99 0.37 1.39% |
| Symbol | Eagle |
Eagle 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 Eagle 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 Eagle Small.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Eagle Small on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Eagle Small Cap or generate 0.0% return on investment in Eagle Small over 660 days. Eagle Small is related to or competes with Pgim Jennison, Janus Global, Towpath Technology, Biotechnology Ultrasector, Blackrock Science, Janus Global, and Red Oak. The fund normally invests at least 80 percent of its net assets in the stocks of small-capitalization companies More
Eagle 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 Eagle 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 Eagle Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.0249 | |||
| Maximum Drawdown | 6.4 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 2.05 |
Eagle Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Small's standard deviation. In reality, there are many statistical measures that can use Eagle Small historical prices to predict the future Eagle Small's volatility.| Risk Adjusted Performance | 0.1061 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0246 | |||
| Treynor Ratio | 0.108 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle 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.
Eagle Small Cap Backtested Returns
At this stage we consider Eagle Mutual Fund to be very steady. Eagle Small Cap secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eagle Small Cap, which you can use to evaluate the volatility of the entity. Please confirm Eagle Small's Downside Deviation of 1.21, mean deviation of 0.865, and Coefficient Of Variation of 748.18 to check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of 1.39, which means 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, Eagle Small will likely underperform.
Auto-correlation | -0.1 |
Very weak reverse predictability
Eagle Small Cap has very weak reverse predictability. Overlapping area represents the amount of predictability between Eagle Small time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Eagle Small Cap price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Eagle Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1.47 |
Eagle Small Cap lagged returns against current returns
Autocorrelation, which is Eagle 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 Eagle Small's mutual fund expected returns. We can calculate the autocorrelation of Eagle Small returns to help us make a trade decision. For example, suppose you find that Eagle 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 |
Eagle 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 Eagle Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle 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 Eagle Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Eagle Small Lagged Returns
When evaluating Eagle Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Small mutual fund have on its future price. Eagle 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, Eagle Small autocorrelation shows the relationship between Eagle Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Eagle 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 Eagle Mutual Fund
Eagle Small financial ratios help investors to determine whether Eagle 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 Eagle with respect to the benefits of owning Eagle Small security.
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