Eagle Small Cap Fund Market Value

HRSCX Fund  USD 27.35  0.25  0.92%   
Eagle Small's market value is the price at which a share of Eagle Small trades on a public exchange. It measures the collective expectations of Eagle Small Cap investors about its performance. Eagle Small is trading at 27.35 as of the 5th of December 2024; that is 0.92% up since the beginning of the trading day. The fund's open price was 27.1.
With this module, you can estimate the performance of a buy and hold strategy of Eagle Small Cap and determine expected loss or profit from investing in Eagle Small over a given investment horizon. Check out Eagle Small Correlation, Eagle Small Volatility and Eagle Small Alpha and Beta module to complement your research on Eagle Small.
Symbol

Please note, there is a significant difference between Eagle Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Small's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Eagle Small '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 Eagle Small'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 Eagle Small.
0.00
09/06/2024
No Change 0.00  0.0 
In 2 months and 31 days
12/05/2024
0.00
If you would invest  0.00  in Eagle Small on September 6, 2024 and sell it all today you would earn a total of 0.00 from holding Eagle Small Cap or generate 0.0% return on investment in Eagle Small over 90 days. Eagle Small is related to or competes with William Blair, Chase Growth, Nationwide Growth, L Abbett, Goldman Sachs, Franklin Growth, and Qs Moderate. The fund normally invests at least 80 percent of its net assets in the stocks of small-capitalization companies More

Eagle Small 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 Eagle Small'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 Eagle Small Cap upside and downside potential and time the market with a certain degree of confidence.

Eagle Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Small's standard deviation. In reality, there are many statistical measures that can use Eagle Small historical prices to predict the future Eagle Small's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle Small'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.
Hype
Prediction
LowEstimatedHigh
26.2727.3528.43
Details
Intrinsic
Valuation
LowRealHigh
26.3727.4528.53
Details

Eagle Small Cap Backtested Returns

Eagle Small appears to be very steady, given 3 months investment horizon. Eagle Small Cap secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Eagle Small Cap, which you can use to evaluate the volatility of the entity. Please utilize Eagle Small's Downside Deviation of 1.0, coefficient of variation of 528.74, and Mean Deviation of 0.7818 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.29, which means 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, Eagle Small will likely underperform.

Auto-correlation

    
  0.70  

Good predictability

Eagle Small Cap has good predictability. Overlapping area represents the amount of predictability between Eagle Small time series from 6th of September 2024 to 21st of October 2024 and 21st of October 2024 to 5th of December 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 Eagle Small Cap price movement. The serial correlation of 0.7 indicates that around 70.0% of current Eagle Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.7
Spearman Rank Test0.64
Residual Average0.0
Price Variance0.75

Eagle Small Cap lagged returns against current returns

Autocorrelation, which is Eagle Small 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 Eagle Small's mutual fund expected returns. We can calculate the autocorrelation of Eagle Small returns to help us make a trade decision. For example, suppose you find that Eagle Small 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  

Eagle Small 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 Eagle Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Small mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Eagle Small Lagged Returns

When evaluating Eagle Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Small mutual fund have on its future price. Eagle Small 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, Eagle Small autocorrelation shows the relationship between Eagle Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Eagle Small Cap.
   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 Eagle Mutual Fund

Eagle Small financial ratios help investors to determine whether Eagle 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 Eagle with respect to the benefits of owning Eagle Small security.
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