Small Cap Value Profund Fund Market Value
| SVPSX Fund | USD 87.97 0.82 0.94% |
| Symbol | SMALL-CAP |
Small-cap Value '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 Small-cap Value'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 Small-cap Value.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in Small-cap Value on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Small Cap Value Profund or generate 0.0% return on investment in Small-cap Value over 360 days. Small-cap Value is related to or competes with American Funds, Dimensional Retirement, Great-west Moderately, Putnman Retirement, and Lifestyle. The investment seeks investment results, before fees and expenses, that track the performance of the SP SmallCap 600 Val... More
Small-cap Value 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 Small-cap Value'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 Small Cap Value Profund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | 1.0E-4 | |||
| Maximum Drawdown | 10.25 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.69 |
Small-cap Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Small-cap Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Small-cap Value's standard deviation. In reality, there are many statistical measures that can use Small-cap Value historical prices to predict the future Small-cap Value's volatility.| Risk Adjusted Performance | 0.0539 | |||
| Jensen Alpha | 0.0339 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 1.0E-4 | |||
| Treynor Ratio | 0.1355 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Small-cap Value'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.
Small Cap Value Backtested Returns
At this stage we consider SMALL-CAP Mutual Fund to be very steady. Small Cap Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.06, which indicates the fund had a 0.06 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Small Cap Value Profund, which you can use to evaluate the volatility of the fund. Please validate Small-cap Value's Semi Deviation of 1.04, risk adjusted performance of 0.0539, and Coefficient Of Variation of 1666.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.0789%. The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Small-cap Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Small-cap Value is expected to be smaller as well.
Auto-correlation | 0.06 |
Virtually no predictability
Small Cap Value Profund has virtually no predictability. Overlapping area represents the amount of predictability between Small-cap Value time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Small Cap Value price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Small-cap Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 11.91 |
Small Cap Value lagged returns against current returns
Autocorrelation, which is Small-cap Value 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 Small-cap Value's mutual fund expected returns. We can calculate the autocorrelation of Small-cap Value returns to help us make a trade decision. For example, suppose you find that Small-cap Value 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 |
Small-cap Value 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 Small-cap Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Small-cap Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Small-cap Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Small-cap Value Lagged Returns
When evaluating Small-cap Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Small-cap Value mutual fund have on its future price. Small-cap Value 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, Small-cap Value autocorrelation shows the relationship between Small-cap Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Small Cap Value Profund.
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 SMALL-CAP Mutual Fund
Small-cap Value financial ratios help investors to determine whether SMALL-CAP 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 SMALL-CAP with respect to the benefits of owning Small-cap Value security.
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