Small Pany Growth Fund Market Value
| MSSGX Fund | USD 11.20 0.03 0.27% |
| Symbol | Small |
Small Pany '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 Small Pany'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 Small Pany.
| 11/08/2023 |
| 05/06/2024 |
If you would invest 0.00 in Small Pany on November 8, 2023 and sell it all today you would earn a total of 0.00 from holding Small Pany Growth or generate 0.0% return on investment in Small Pany over 180 days. Small Pany is related to or competes with Mid Cap, Growth Portfolio, Us Real, Morgan Stanley, and Emerging Markets. The fund will, under normal circumstances, seek to achieve its investment objective by investing primarily in establishe... More
Small Pany 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 Small Pany'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 Small Pany Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 10.19 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 3.3 |
Small Pany Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Small Pany's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Small Pany's standard deviation. In reality, there are many statistical measures that can use Small Pany historical prices to predict the future Small Pany's volatility.| Risk Adjusted Performance | 0.0116 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0026 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Small Pany'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.
Small Pany Growth Backtested Returns
Small Pany Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0076, which indicates the fund had a -0.0076% return per unit of risk over the last 3 months. Small Pany Growth exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Small Pany's Semi Deviation of 2.23, coefficient of variation of 13345.1, and Risk Adjusted Performance of 0.0116 to confirm the risk estimate we provide. The entity has a beta of 2.03, 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, Small Pany will likely underperform.
Auto-correlation | 0.16 |
Very weak predictability
Small Pany Growth has very weak predictability. Overlapping area represents the amount of predictability between Small Pany time series from 8th of November 2023 to 6th of February 2024 and 6th of February 2024 to 6th of May 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 Small Pany Growth price movement. The serial correlation of 0.16 indicates that over 16.0% of current Small Pany price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Small Pany Growth lagged returns against current returns
Autocorrelation, which is Small Pany 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 Small Pany's mutual fund expected returns. We can calculate the autocorrelation of Small Pany returns to help us make a trade decision. For example, suppose you find that Small Pany 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 |
Small Pany 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 Small Pany mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Small Pany mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Small Pany mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Small Pany Lagged Returns
When evaluating Small Pany's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Small Pany mutual fund have on its future price. Small Pany 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, Small Pany autocorrelation shows the relationship between Small Pany mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Small Pany Growth.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Small Pany Correlation, Small Pany Volatility and Small Pany Alpha and Beta module to complement your research on Small Pany. Note that the Small Pany Growth information on this page should be used as a complementary analysis to other Small Pany's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Small Pany technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.