Villere Equity Fund Market Value
| VLEQX Fund | USD 11.79 0.01 0.08% |
| Symbol | Villere |
Villere Equity '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 Villere Equity'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 Villere Equity.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Villere Equity on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Villere Equity Fund or generate 0.0% return on investment in Villere Equity over 30 days. Villere Equity is related to or competes with Villere Balanced, Mairs Power, Jpmorgan Growth, Biloxi Marsh, and Smead Value. Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity securities More
Villere Equity 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 Villere Equity'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 Villere Equity Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8952 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.97 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.37 |
Villere Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Villere Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Villere Equity's standard deviation. In reality, there are many statistical measures that can use Villere Equity historical prices to predict the future Villere Equity's volatility.| Risk Adjusted Performance | 0.0183 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.01 |
Villere Equity Backtested Returns
At this stage we consider Villere Mutual Fund to be very steady. Villere Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0073, which indicates the fund had a 0.0073% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Villere Equity Fund, which you can use to evaluate the volatility of the fund. Please validate Villere Equity's Coefficient Of Variation of 4295.61, risk adjusted performance of 0.0183, and Semi Deviation of 0.8379 to confirm if the risk estimate we provide is consistent with the expected return of 0.0059%. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. Villere Equity returns are very sensitive to returns on the market. As the market goes up or down, Villere Equity is expected to follow.
Auto-correlation | 0.78 |
Good predictability
Villere Equity Fund has good predictability. Overlapping area represents the amount of predictability between Villere Equity time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Villere Equity price movement. The serial correlation of 0.78 indicates that around 78.0% of current Villere Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Villere Equity lagged returns against current returns
Autocorrelation, which is Villere Equity 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 Villere Equity's mutual fund expected returns. We can calculate the autocorrelation of Villere Equity returns to help us make a trade decision. For example, suppose you find that Villere Equity 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 |
Villere Equity 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 Villere Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Villere Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Villere Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Villere Equity Lagged Returns
When evaluating Villere Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Villere Equity mutual fund have on its future price. Villere Equity 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, Villere Equity autocorrelation shows the relationship between Villere Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Villere Equity Fund.
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 Villere Mutual Fund
Villere Equity financial ratios help investors to determine whether Villere 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 Villere with respect to the benefits of owning Villere Equity security.
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