Mid Cap Growth Fund Market Value
| MPEGX Fund | USD 22.92 0.23 1.01% |
| Symbol | Mid |
Mid Cap '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 Mid Cap'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 Mid Cap.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mid Cap on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Mid Cap Growth or generate 0.0% return on investment in Mid Cap over 30 days. Mid Cap is related to or competes with Emerging Markets, Global Fixed, Global Fixed, Global Fixed, Global Core, Global Core, and Global Concentrated. Under normal circumstances, the adviser seeks to achieve the funds investment objective by investing primarily in establ... More
Mid Cap 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 Mid Cap'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 Mid Cap Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.2602 | |||
| Maximum Drawdown | 7.28 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 3.19 |
Mid Cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mid Cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mid Cap's standard deviation. In reality, there are many statistical measures that can use Mid Cap historical prices to predict the future Mid Cap's volatility.| Risk Adjusted Performance | 0.2669 | |||
| Jensen Alpha | 0.3759 | |||
| Total Risk Alpha | 0.2867 | |||
| Sortino Ratio | 0.3346 | |||
| Treynor Ratio | 0.3956 |
Mid Cap Growth Backtested Returns
Mid Cap appears to be very steady, given 3 months investment horizon. Mid Cap Growth has Sharpe Ratio of 0.36, which conveys that the entity had a 0.36% return per unit of risk over the last 3 months. By analyzing Mid Cap's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please exercise Mid Cap's Mean Deviation of 1.28, risk adjusted performance of 0.2669, and Downside Deviation of 1.26 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 1.37, which conveys 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, Mid Cap will likely underperform.
Auto-correlation | 0.90 |
Excellent predictability
Mid Cap Growth has excellent predictability. Overlapping area represents the amount of predictability between Mid Cap time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Mid Cap Growth price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Mid Cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
Mid Cap Growth lagged returns against current returns
Autocorrelation, which is Mid Cap 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 Mid Cap's mutual fund expected returns. We can calculate the autocorrelation of Mid Cap returns to help us make a trade decision. For example, suppose you find that Mid Cap 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 |
Mid Cap 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 Mid Cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mid Cap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mid Cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mid Cap Lagged Returns
When evaluating Mid Cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mid Cap mutual fund have on its future price. Mid Cap 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, Mid Cap autocorrelation shows the relationship between Mid Cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mid Cap Growth.
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 Mid Mutual Fund
Mid Cap financial ratios help investors to determine whether Mid 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 Mid with respect to the benefits of owning Mid Cap security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |