Lkcm Equity Fund Market Value
| LKEQX Fund | USD 41.60 0.25 0.60% |
| Symbol | Lkcm |
Lkcm Equity '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 Lkcm Equity'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 Lkcm Equity.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Lkcm Equity on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Lkcm Equity Fund or generate 0.0% return on investment in Lkcm Equity over 60 days. Lkcm Equity is related to or competes with Prudential Core, Blackrock Conservative, Huber Capital, Fidelity Advisor, Lord Abbett, Pimco Diversified, and Massmutual Premier. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80 percent of its ne... More
Lkcm Equity 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 Lkcm Equity'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 Lkcm Equity Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8298 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.47 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.19 |
Lkcm Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lkcm Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lkcm Equity's standard deviation. In reality, there are many statistical measures that can use Lkcm Equity historical prices to predict the future Lkcm Equity's volatility.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1124 |
Lkcm Equity Fund Backtested Returns
At this stage we consider Lkcm Mutual Fund to be very steady. Lkcm Equity Fund has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lkcm Equity, which you can use to evaluate the volatility of the fund. Please verify Lkcm Equity's Risk Adjusted Performance of 0.1101, downside deviation of 0.8298, and Mean Deviation of 0.5651 to check out if the risk estimate we provide is consistent with the expected return of 0.0997%. The fund secures a Beta (Market Risk) of 0.93, which conveys possible diversification benefits within a given portfolio. Lkcm Equity returns are very sensitive to returns on the market. As the market goes up or down, Lkcm Equity is expected to follow.
Auto-correlation | 0.57 |
Modest predictability
Lkcm Equity Fund has modest predictability. Overlapping area represents the amount of predictability between Lkcm Equity time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 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 Lkcm Equity Fund price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Lkcm Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Lkcm Equity Fund lagged returns against current returns
Autocorrelation, which is Lkcm Equity 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 Lkcm Equity's mutual fund expected returns. We can calculate the autocorrelation of Lkcm Equity returns to help us make a trade decision. For example, suppose you find that Lkcm Equity 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 |
Lkcm Equity 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 Lkcm Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lkcm Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lkcm Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Lkcm Equity Lagged Returns
When evaluating Lkcm Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lkcm Equity mutual fund have on its future price. Lkcm Equity 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, Lkcm Equity autocorrelation shows the relationship between Lkcm Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lkcm Equity Fund.
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 Lkcm Mutual Fund
Lkcm Equity financial ratios help investors to determine whether Lkcm 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 Lkcm with respect to the benefits of owning Lkcm Equity security.
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