Keeley Small Mid Cap Fund Market Value
| KSMVX Fund | USD 10.63 0.14 1.33% |
| Symbol | Keeley |
Keeley Small-mid '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 Keeley Small-mid'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 Keeley Small-mid.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Keeley Small-mid on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Keeley Small Mid Cap or generate 0.0% return on investment in Keeley Small-mid over 270 days. Keeley Small-mid is related to or competes with Keeley Mid, Keeley Mid, Keeley Small-mid, Vanguard Wellington, Vanguard Equity, and Morgan Stanley. The advisor intends to pursue its investment objective by investing in equity securities of companies with small or mid-... More
Keeley Small-mid 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 Keeley Small-mid'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 Keeley Small Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8185 | |||
| Information Ratio | 0.049 | |||
| Maximum Drawdown | 5.11 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.99 |
Keeley Small-mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Keeley Small-mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Keeley Small-mid's standard deviation. In reality, there are many statistical measures that can use Keeley Small-mid historical prices to predict the future Keeley Small-mid's volatility.| Risk Adjusted Performance | 0.1393 | |||
| Jensen Alpha | 0.0329 | |||
| Total Risk Alpha | 0.0112 | |||
| Sortino Ratio | 0.0604 | |||
| Treynor Ratio | 0.1498 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Keeley Small-mid'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.
Keeley Small Mid Backtested Returns
At this stage we consider Keeley Mutual Fund to be very steady. Keeley Small Mid has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Keeley Small-mid, which you can use to evaluate the volatility of the fund. Please verify Keeley Small-mid's Mean Deviation of 0.7125, risk adjusted performance of 0.1393, and Downside Deviation of 0.8185 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The fund secures a Beta (Market Risk) of 1.14, which conveys a somewhat significant risk relative to the market. Keeley Small-mid returns are very sensitive to returns on the market. As the market goes up or down, Keeley Small-mid is expected to follow.
Auto-correlation | -0.1 |
Very weak reverse predictability
Keeley Small Mid Cap has very weak reverse predictability. Overlapping area represents the amount of predictability between Keeley Small-mid time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Keeley Small Mid price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Keeley Small-mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Keeley Small Mid lagged returns against current returns
Autocorrelation, which is Keeley Small-mid 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 Keeley Small-mid's mutual fund expected returns. We can calculate the autocorrelation of Keeley Small-mid returns to help us make a trade decision. For example, suppose you find that Keeley Small-mid 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 |
Keeley Small-mid 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 Keeley Small-mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Keeley Small-mid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Keeley Small-mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Keeley Small-mid Lagged Returns
When evaluating Keeley Small-mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Keeley Small-mid mutual fund have on its future price. Keeley Small-mid 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, Keeley Small-mid autocorrelation shows the relationship between Keeley Small-mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Keeley Small Mid 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 Keeley Mutual Fund
Keeley Small-mid financial ratios help investors to determine whether Keeley 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 Keeley with respect to the benefits of owning Keeley Small-mid security.
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