Jacob Small Cap Fund Market Value
| JSCGX Fund | USD 20.81 0.39 1.91% |
| Symbol | Jacob |
Jacob 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 Jacob 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 Jacob Small.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Jacob Small on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Jacob Small Cap or generate 0.0% return on investment in Jacob Small over 720 days. Jacob Small is related to or competes with Jacob Micro, Jacob Internet, Jacob Forward, Oberweis Small, and Needham Small. Under normal circumstances, at least 80 percent of its assets in small capitalization companies More
Jacob 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 Jacob 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 Jacob Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0494 | |||
| Maximum Drawdown | 9.33 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.35 |
Jacob Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jacob Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jacob Small's standard deviation. In reality, there are many statistical measures that can use Jacob Small historical prices to predict the future Jacob Small's volatility.| Risk Adjusted Performance | 0.0969 | |||
| Jensen Alpha | 0.018 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | 0.1319 |
Jacob Small Cap Backtested Returns
At this stage we consider Jacob Mutual Fund to be very steady. Jacob Small Cap holds Efficiency (Sharpe) Ratio of 0.0869, which attests that the entity had a 0.0869% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jacob Small Cap, which you can use to evaluate the volatility of the entity. Please check out Jacob Small's Risk Adjusted Performance of 0.0969, downside deviation of 1.82, and Market Risk Adjusted Performance of 0.1419 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. The fund retains a Market Volatility (i.e., Beta) of 1.62, which attests to 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, Jacob Small will likely underperform.
Auto-correlation | -0.38 |
Poor reverse predictability
Jacob Small Cap has poor reverse predictability. Overlapping area represents the amount of predictability between Jacob Small time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Jacob Small Cap price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Jacob Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.99 |
Jacob Small Cap lagged returns against current returns
Autocorrelation, which is Jacob 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 Jacob Small's mutual fund expected returns. We can calculate the autocorrelation of Jacob Small returns to help us make a trade decision. For example, suppose you find that Jacob 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 |
Jacob 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 Jacob Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jacob 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 Jacob Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jacob Small Lagged Returns
When evaluating Jacob Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jacob Small mutual fund have on its future price. Jacob 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, Jacob Small autocorrelation shows the relationship between Jacob Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jacob 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 Jacob Mutual Fund
Jacob Small financial ratios help investors to determine whether Jacob 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 Jacob with respect to the benefits of owning Jacob Small security.
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