Value Line Small Fund Market Value
| VLEIX Fund | USD 66.22 0.82 1.25% |
| Symbol | Value |
Value Line '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 Value Line'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 Value Line.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Value Line on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Value Line Small or generate 0.0% return on investment in Value Line over 720 days. Value Line is related to or competes with Fidelity Stock, Goldman Sachs, Aqr Large, T Rowe, and Quantitative. Under normal circumstances, the adviser invests at least 80 percent of the funds assets in stocks of U.S More
Value Line 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 Value Line'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 Value Line Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.0174 | |||
| Maximum Drawdown | 6.18 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.81 |
Value Line Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Value Line's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Value Line's standard deviation. In reality, there are many statistical measures that can use Value Line historical prices to predict the future Value Line's volatility.| Risk Adjusted Performance | 0.1051 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0178 | |||
| Treynor Ratio | 0.108 |
Value Line Small Backtested Returns
At this stage we consider Value Mutual Fund to be very steady. Value Line Small owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Value Line Small, which you can use to evaluate the volatility of the fund. Please validate Value Line's Semi Deviation of 0.8505, coefficient of variation of 752.86, and Risk Adjusted Performance of 0.1051 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The entity has a beta of 1.3, which indicates 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, Value Line will likely underperform.
Auto-correlation | 0.39 |
Below average predictability
Value Line Small has below average predictability. Overlapping area represents the amount of predictability between Value Line time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Value Line Small price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Value Line price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 13.95 |
Value Line Small lagged returns against current returns
Autocorrelation, which is Value Line 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 Value Line's mutual fund expected returns. We can calculate the autocorrelation of Value Line returns to help us make a trade decision. For example, suppose you find that Value Line 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 |
Value Line 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 Value Line mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Value Line mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Value Line mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Value Line Lagged Returns
When evaluating Value Line's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Value Line mutual fund have on its future price. Value Line 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, Value Line autocorrelation shows the relationship between Value Line mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Value Line Small.
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 Value Mutual Fund
Value Line financial ratios help investors to determine whether Value 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 Value with respect to the benefits of owning Value Line security.
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