Versus Capital Multi Manager Fund Market Value
| VCMIX Fund | USD 24.90 0.02 0.08% |
| Symbol | Versus |
Versus Capital '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 Versus Capital'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 Versus Capital.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Versus Capital on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Versus Capital Multi Manager or generate 0.0% return on investment in Versus Capital over 390 days. Versus Capital is related to or competes with Davis Financial, Vanguard Financials, John Hancock, Mesirow Financial, Financials Ultrasector, and Transamerica Financial. Versus Capital is entity of United States More
Versus Capital 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 Versus Capital'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 Versus Capital Multi Manager upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1677 | |||
| Information Ratio | (0.83) | |||
| Maximum Drawdown | 0.6851 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2421 |
Versus Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Versus Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Versus Capital's standard deviation. In reality, there are many statistical measures that can use Versus Capital historical prices to predict the future Versus Capital's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.75) | |||
| Treynor Ratio | 0.0469 |
Versus Capital Multi Backtested Returns
At this stage we consider Versus Mutual Fund to be very steady. Versus Capital Multi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0665, which indicates the fund had a 0.0665% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Versus Capital Multi Manager, which you can use to evaluate the volatility of the fund. Please validate Versus Capital's Risk Adjusted Performance of 0.0156, semi deviation of 0.1036, and Coefficient Of Variation of 1370.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.0102%. The entity has a beta of 0.0236, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Versus Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Versus Capital is expected to be smaller as well.
Auto-correlation | -0.89 |
Excellent reverse predictability
Versus Capital Multi Manager has excellent reverse predictability. Overlapping area represents the amount of predictability between Versus Capital time series from 6th of November 2023 to 19th of May 2024 and 19th of May 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 Versus Capital Multi price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Versus Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Versus Capital Multi lagged returns against current returns
Autocorrelation, which is Versus Capital 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 Versus Capital's mutual fund expected returns. We can calculate the autocorrelation of Versus Capital returns to help us make a trade decision. For example, suppose you find that Versus Capital 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 |
Versus Capital 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 Versus Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Versus Capital mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Versus Capital mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Versus Capital Lagged Returns
When evaluating Versus Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Versus Capital mutual fund have on its future price. Versus Capital 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, Versus Capital autocorrelation shows the relationship between Versus Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Versus Capital Multi Manager.
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 Versus Mutual Fund
Versus Capital financial ratios help investors to determine whether Versus 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 Versus with respect to the benefits of owning Versus Capital security.
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