Qs Small Capitalization Fund Market Value

LMSIX Fund  USD 13.89  0.02  0.14%   
Qs Small's market value is the price at which a share of Qs Small trades on a public exchange. It measures the collective expectations of Qs Small Capitalization investors about its performance. Qs Small is trading at 13.89 as of the 24th of December 2024; that is 0.14 percent decrease since the beginning of the trading day. The fund's open price was 13.91.
With this module, you can estimate the performance of a buy and hold strategy of Qs Small Capitalization and determine expected loss or profit from investing in Qs Small over a given investment horizon. Check out Qs Small Correlation, Qs Small Volatility and Qs Small Alpha and Beta module to complement your research on Qs Small.
Symbol

Please note, there is a significant difference between Qs Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qs Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qs Small's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Qs 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 Qs 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 Qs Small.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Qs Small on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Qs Small Capitalization or generate 0.0% return on investment in Qs Small over 30 days. Qs Small is related to or competes with Franklin Mutual, Templeton Developing, Franklin Mutual, Franklin Mutual, Franklin Mutual, Templeton Foreign, and Templeton Foreign. The fund normally invests at least 80 percent of net assets, plus any borrowings for investment purposes, in equity secu... More

Qs 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 Qs 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 Qs Small Capitalization upside and downside potential and time the market with a certain degree of confidence.

Qs Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Qs Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qs Small's standard deviation. In reality, there are many statistical measures that can use Qs Small historical prices to predict the future Qs Small's volatility.
Hype
Prediction
LowEstimatedHigh
12.4413.8915.34
Details
Intrinsic
Valuation
LowRealHigh
12.6814.1315.58
Details

Qs Small Capitalization Backtested Returns

Qs Small Capitalization retains Efficiency (Sharpe Ratio) of -0.0226, which implies the entity had a -0.0226% return per unit of price deviation over the last 3 months. Qs Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qs Small's information ratio of (0.06), and Market Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 1.54, which implies 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, Qs Small will likely underperform.

Auto-correlation

    
  0.77  

Good predictability

Qs Small Capitalization has good predictability. Overlapping area represents the amount of predictability between Qs Small time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 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 Qs Small Capitalization price movement. The serial correlation of 0.77 indicates that around 77.0% of current Qs Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.77
Spearman Rank Test0.56
Residual Average0.0
Price Variance0.39

Qs Small Capitalization lagged returns against current returns

Autocorrelation, which is Qs 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 Qs Small's mutual fund expected returns. We can calculate the autocorrelation of Qs Small returns to help us make a trade decision. For example, suppose you find that Qs 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  

Qs 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 Qs Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qs 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 Qs Small mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Qs Small Lagged Returns

When evaluating Qs Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qs Small mutual fund have on its future price. Qs 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, Qs Small autocorrelation shows the relationship between Qs Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Qs Small Capitalization.
   Regressed Prices   
       Timeline  

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Other Information on Investing in LMSIX Mutual Fund

Qs Small financial ratios help investors to determine whether LMSIX 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 LMSIX with respect to the benefits of owning Qs Small security.
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