Trillium Smallmid Cap Fund Market Value
| TSMDX Fund | USD 17.15 0.03 0.18% |
| Symbol | Trillium |
Trillium 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 Trillium 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 Trillium Small/mid.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Trillium Small/mid on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Trillium Smallmid Cap or generate 0.0% return on investment in Trillium Small/mid over 30 days. Trillium Small/mid is related to or competes with Portfolio, Portfolio, Fidelity Advisor, Frontier Mfg, American Funds, and Franklin Mutual. Under normal conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in equity securities of small and mid-sized companies that meet Trilliums Environmental, Social, and Governance criteria. More
Trillium 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 Trillium 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 Trillium Smallmid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8192 | |||
| Information Ratio | 0.0034 | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.58 |
Trillium Small/mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trillium Small/mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trillium Small/mid's standard deviation. In reality, there are many statistical measures that can use Trillium Small/mid historical prices to predict the future Trillium Small/mid's volatility.| Risk Adjusted Performance | 0.1238 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0037 | |||
| Treynor Ratio | 0.1322 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trillium 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.
Trillium Smallmid Cap Backtested Returns
At this stage we consider Trillium Mutual Fund to be very steady. Trillium Smallmid Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Trillium Smallmid Cap, which you can use to evaluate the volatility of the fund. Please validate Trillium Small/mid's Risk Adjusted Performance of 0.1238, semi deviation of 0.6301, and Coefficient Of Variation of 623.72 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. Trillium Small/mid returns are very sensitive to returns on the market. As the market goes up or down, Trillium Small/mid is expected to follow.
Auto-correlation | 0.80 |
Very good predictability
Trillium Smallmid Cap has very good predictability. Overlapping area represents the amount of predictability between Trillium Small/mid time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Trillium Smallmid Cap price movement. The serial correlation of 0.8 indicates that around 80.0% of current Trillium Small/mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Trillium Smallmid Cap lagged returns against current returns
Autocorrelation, which is Trillium 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 Trillium Small/mid's mutual fund expected returns. We can calculate the autocorrelation of Trillium Small/mid returns to help us make a trade decision. For example, suppose you find that Trillium 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 |
Trillium 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 Trillium Small/mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trillium 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 Trillium Small/mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Trillium Small/mid Lagged Returns
When evaluating Trillium Small/mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trillium Small/mid mutual fund have on its future price. Trillium 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, Trillium Small/mid autocorrelation shows the relationship between Trillium Small/mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Trillium Smallmid 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 Trillium Mutual Fund
Trillium Small/mid financial ratios help investors to determine whether Trillium 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 Trillium with respect to the benefits of owning Trillium Small/mid security.
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