Vericimetry Small Cap Fund Market Value
| VYSVX Fund | USD 20.62 0.35 1.73% |
| Symbol | Vericimetry |
Vericimetry '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 Vericimetry'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 Vericimetry.
| 01/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Vericimetry on January 25, 2024 and sell it all today you would earn a total of 0.00 from holding Vericimetry Small Cap or generate 0.0% return on investment in Vericimetry over 90 days. Vericimetry is related to or competes with Blackrock, and Aig Government. The fund is a diversified fund and invests in a wide universe of U.S More
Vericimetry 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 Vericimetry'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 Vericimetry Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.22 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.88 |
Vericimetry Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vericimetry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vericimetry's standard deviation. In reality, there are many statistical measures that can use Vericimetry historical prices to predict the future Vericimetry's volatility.| Risk Adjusted Performance | 0.0325 | |||
| Jensen Alpha | 0.034 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.5138 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vericimetry'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.
Vericimetry Small Cap Backtested Returns
We consider Vericimetry very steady. Vericimetry Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.045, which indicates the fund had a 0.045% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vericimetry Small Cap, which you can use to evaluate the volatility of the fund. Please validate Vericimetry's Semi Deviation of 1.22, risk adjusted performance of 0.0325, and Coefficient Of Variation of 2220.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.0508%. The entity has a beta of 0.0794, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vericimetry's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vericimetry is expected to be smaller as well.
Auto-correlation | -0.46 |
Modest reverse predictability
Vericimetry Small Cap has modest reverse predictability. Overlapping area represents the amount of predictability between Vericimetry time series from 25th of January 2024 to 10th of March 2024 and 10th of March 2024 to 24th of April 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 Vericimetry Small Cap price movement. The serial correlation of -0.46 indicates that about 46.0% of current Vericimetry price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Vericimetry Small Cap lagged returns against current returns
Autocorrelation, which is Vericimetry 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 Vericimetry's mutual fund expected returns. We can calculate the autocorrelation of Vericimetry returns to help us make a trade decision. For example, suppose you find that Vericimetry 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 |
Vericimetry 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 Vericimetry mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vericimetry mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vericimetry mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vericimetry Lagged Returns
When evaluating Vericimetry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vericimetry mutual fund have on its future price. Vericimetry 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, Vericimetry autocorrelation shows the relationship between Vericimetry mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vericimetry Small Cap.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Vericimetry in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Vericimetry's short interest history, or implied volatility extrapolated from Vericimetry options trading.
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.Check out Vericimetry Correlation, Vericimetry Volatility and Vericimetry Alpha and Beta module to complement your research on Vericimetry. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Vericimetry 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.