Smallcap Sp 600 Fund Market Value
| PSPIX Fund | USD 24.89 0.15 0.61% |
| Symbol | Smallcap |
Smallcap '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 Smallcap'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 Smallcap.
| 05/08/2025 |
| 08/06/2025 |
If you would invest 0.00 in Smallcap on May 8, 2025 and sell it all today you would earn a total of 0.00 from holding Smallcap Sp 600 or generate 0.0% return on investment in Smallcap over 90 days. Smallcap is related to or competes with 1919 Financial, Financial Industries, John Hancock, Rmb Mendon, Icon Financial, and Gabelli Global. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Smallcap 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 Smallcap'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 Smallcap Sp 600 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0283 | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.8 |
Smallcap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smallcap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smallcap's standard deviation. In reality, there are many statistical measures that can use Smallcap historical prices to predict the future Smallcap's volatility.| Risk Adjusted Performance | 0.1102 | |||
| Jensen Alpha | 8.0E-4 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0307 | |||
| Treynor Ratio | 0.1139 |
Smallcap Sp 600 Backtested Returns
At this stage we consider Smallcap Mutual Fund to be very steady. Smallcap Sp 600 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Smallcap Sp 600, which you can use to evaluate the volatility of the fund. Please validate Smallcap's Semi Deviation of 0.9498, coefficient of variation of 749.08, and Risk Adjusted Performance of 0.1102 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 1.29, 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, Smallcap will likely underperform.
Auto-correlation | 0.25 |
Poor predictability
Smallcap Sp 600 has poor predictability. Overlapping area represents the amount of predictability between Smallcap time series from 8th of May 2025 to 22nd of June 2025 and 22nd of June 2025 to 6th of August 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 Smallcap Sp 600 price movement. The serial correlation of 0.25 indicates that over 25.0% of current Smallcap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Smallcap Sp 600 lagged returns against current returns
Autocorrelation, which is Smallcap 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 Smallcap's mutual fund expected returns. We can calculate the autocorrelation of Smallcap returns to help us make a trade decision. For example, suppose you find that Smallcap 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 |
Smallcap 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 Smallcap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smallcap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smallcap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Smallcap Lagged Returns
When evaluating Smallcap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smallcap mutual fund have on its future price. Smallcap 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, Smallcap autocorrelation shows the relationship between Smallcap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Smallcap Sp 600.
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 Smallcap Mutual Fund
Smallcap financial ratios help investors to determine whether Smallcap 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 Smallcap with respect to the benefits of owning Smallcap security.
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