Cornercap Largemid Cap Value Fund Market Value
| CMCRX Fund | USD 43.73 0.23 0.52% |
| Symbol | Cornercap |
Cornercap Largemid '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 Cornercap Largemid'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 Cornercap Largemid.
| 05/02/2025 |
| 07/31/2025 |
If you would invest 0.00 in Cornercap Largemid on May 2, 2025 and sell it all today you would earn a total of 0.00 from holding Cornercap Largemid Cap Value or generate 0.0% return on investment in Cornercap Largemid over 90 days. Cornercap Largemid is related to or competes with Atac Inflation, Great West, Lord Abbett, Vy Blackrock, Short Duration, and Ab Bond. The fund invests in the common stock of each company in the index in approximately the same proportion as represented in... More
Cornercap Largemid 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 Cornercap Largemid'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 Cornercap Largemid Cap Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8077 | |||
| Information Ratio | 0.0396 | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.82 |
Cornercap Largemid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cornercap Largemid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cornercap Largemid's standard deviation. In reality, there are many statistical measures that can use Cornercap Largemid historical prices to predict the future Cornercap Largemid's volatility.| Risk Adjusted Performance | 0.1709 | |||
| Jensen Alpha | 0.21 | |||
| Total Risk Alpha | 0.0136 | |||
| Sortino Ratio | 0.0428 | |||
| Treynor Ratio | (1.03) |
Cornercap Largemid Cap Backtested Returns
At this stage we consider Cornercap Mutual Fund to be very steady. Cornercap Largemid Cap secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cornercap Largemid Cap Value, which you can use to evaluate the volatility of the entity. Please confirm Cornercap Largemid's Risk Adjusted Performance of 0.1709, mean deviation of 0.6239, and Downside Deviation of 0.8077 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cornercap Largemid are expected to decrease at a much lower rate. During the bear market, Cornercap Largemid is likely to outperform the market.
Auto-correlation | 0.79 |
Good predictability
Cornercap Largemid Cap Value has good predictability. Overlapping area represents the amount of predictability between Cornercap Largemid time series from 2nd of May 2025 to 16th of June 2025 and 16th of June 2025 to 31st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cornercap Largemid Cap price movement. The serial correlation of 0.79 indicates that around 79.0% of current Cornercap Largemid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
Cornercap Largemid Cap lagged returns against current returns
Autocorrelation, which is Cornercap Largemid 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 Cornercap Largemid's mutual fund expected returns. We can calculate the autocorrelation of Cornercap Largemid returns to help us make a trade decision. For example, suppose you find that Cornercap Largemid 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 |
Cornercap Largemid 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 Cornercap Largemid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cornercap Largemid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cornercap Largemid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cornercap Largemid Lagged Returns
When evaluating Cornercap Largemid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cornercap Largemid mutual fund have on its future price. Cornercap Largemid 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, Cornercap Largemid autocorrelation shows the relationship between Cornercap Largemid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cornercap Largemid Cap Value.
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 Cornercap Mutual Fund
Cornercap Largemid financial ratios help investors to determine whether Cornercap 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 Cornercap with respect to the benefits of owning Cornercap Largemid security.
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