Scout Mid Cap Fund Market Value
| UMBMX Fund | USD 28.48 0.29 1.03% |
| Symbol | Scout |
Scout 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 Scout 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 Scout Mid.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Scout Mid on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Scout Mid Cap or generate 0.0% return on investment in Scout Mid over 720 days. Scout Mid is related to or competes with Ashmore Emerging, Black Oak, Rbc Bluebay, Transamerica Emerging, Investec Emerging, Origin Emerging, and Nasdaq 100. Under normal circumstances, at least 80 percent of the funds net assets will be invested in mid cap equity securities More
Scout 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 Scout 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 Scout Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.703 | |||
| Information Ratio | 0.085 | |||
| Maximum Drawdown | 4.22 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.48 |
Scout Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scout Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scout Mid's standard deviation. In reality, there are many statistical measures that can use Scout Mid historical prices to predict the future Scout Mid's volatility.| Risk Adjusted Performance | 0.1862 | |||
| Jensen Alpha | 0.0735 | |||
| Total Risk Alpha | 0.0603 | |||
| Sortino Ratio | 0.1008 | |||
| Treynor Ratio | 0.1958 |
Scout Mid Cap Backtested Returns
At this stage we consider Scout Mutual Fund to be very steady. Scout Mid Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Scout Mid Cap, which you can use to evaluate the volatility of the fund. Please validate Scout Mid's Coefficient Of Variation of 413.64, risk adjusted performance of 0.1862, and Semi Deviation of 0.4325 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Scout Mid returns are very sensitive to returns on the market. As the market goes up or down, Scout Mid is expected to follow.
Auto-correlation | 0.02 |
Virtually no predictability
Scout Mid Cap has virtually no predictability. Overlapping area represents the amount of predictability between Scout Mid time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Scout Mid Cap price movement. The serial correlation of 0.02 indicates that only 2.0% of current Scout Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 2.85 |
Scout Mid Cap lagged returns against current returns
Autocorrelation, which is Scout 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 Scout Mid's mutual fund expected returns. We can calculate the autocorrelation of Scout Mid returns to help us make a trade decision. For example, suppose you find that Scout 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 |
Scout 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 Scout Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scout 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 Scout Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Scout Mid Lagged Returns
When evaluating Scout Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scout Mid mutual fund have on its future price. Scout 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, Scout Mid autocorrelation shows the relationship between Scout Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Scout Mid 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 Scout Mutual Fund
Scout Mid financial ratios help investors to determine whether Scout 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 Scout with respect to the benefits of owning Scout Mid security.
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