Advisors Mutual Fund Market Value

ACTIX
 Fund
  

USD 8.95  0.04  0.44%   

Advisors Capital's market value is the price at which a share of Advisors Capital stock trades on a public exchange. It measures the collective expectations of Advisors Capital Tactical investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Advisors Capital Tactical and determine expected loss or profit from investing in Advisors Capital over a given investment horizon. Please continue to Advisors Capital Correlation, Advisors Capital Volatility and Advisors Capital Alpha and Beta module to complement your research on Advisors Capital.
Symbol

Please note, there is a significant difference between Advisors Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine Advisors Capital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advisors Capital'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.

Advisors Capital '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 Advisors Capital'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 Advisors Capital.
0.00
11/30/2021
No Change 0.00  0.0 
In 9 months and 28 days
09/26/2022
0.00
If you would invest  0.00  in Advisors Capital on November 30, 2021 and sell it all today you would earn a total of 0.00 from holding Advisors Capital Tactical or generate 0.0% return on investment in Advisors Capital over 300 days. Advisors Capital is related to or competes with Dupont Denemours. The fund invests primarily in stocks of medium to large companies that the portfolio managers believe are undervalued at... More

Advisors Capital 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 Advisors Capital'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 Advisors Capital Tactical upside and downside potential and time the market with a certain degree of confidence.

Advisors Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Advisors Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advisors Capital's standard deviation. In reality, there are many statistical measures that can use Advisors Capital historical prices to predict the future Advisors Capital's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Advisors Capital'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. Please use the tools below to analyze the current value of Advisors Capital in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.648.959.26
Details
Intrinsic
Valuation
LowReal ValueHigh
8.699.009.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Advisors Capital. Your research has to be compared to or analyzed against Advisors Capital's peers to derive any actionable benefits. When done correctly, Advisors Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Advisors Capital Tactical.

Advisors Capital Tactical Backtested Returns

Advisors Capital Tactical secures Sharpe Ratio (or Efficiency) of -0.48, which signifies that the fund had -0.48% of return per unit of risk over the last @@YVyUt months. Macroaxis standpoint towards foreseeing the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Advisors Capital Tactical exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Advisors Capital Tactical risk adjusted performance of (0.62), and Mean Deviation of 0.2327 to double-check the risk estimate we provide.
The fund shows a Beta (market volatility) of 0.1641, which signifies not very significant fluctuations relative to the market. Let's try to break down what Advisors's beta means in this case. As returns on the market increase, Advisors Capital returns are expected to increase less than the market. However, during the bear market, the loss on holding Advisors Capital will be expected to be smaller as well. Even though it is essential to pay attention to Advisors Capital Tactical historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Advisors Capital Tactical exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.31  

Below average predictability

Advisors Capital Tactical has below average predictability. Overlapping area represents the amount of predictability between Advisors Capital time series from 30th of November 2021 to 29th of April 2022 and 29th of April 2022 to 26th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Advisors Capital Tactical price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Advisors Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.23
Residual Average0.0
Price Variance0.01

Advisors Capital Tactical lagged returns against current returns

Autocorrelation, which is Advisors Capital 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 Advisors Capital's mutual fund expected returns. We can calculate the autocorrelation of Advisors Capital returns to help us make a trade decision. For example, suppose you find that Advisors Capital mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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Advisors Capital 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 Advisors Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advisors Capital mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advisors Capital mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

Advisors Capital Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Advisors Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Advisors Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advisors Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advisors Capital will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Advisors Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advisors Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advisors Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advisors Capital Tactical to buy it.
The correlation of Advisors Capital is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advisors Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advisors Capital Tactical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Advisors Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Advisors Capital Correlation, Advisors Capital Volatility and Advisors Capital Alpha and Beta module to complement your research on Advisors Capital. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Advisors Capital Tactical price analysis, check to measure Advisors Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advisors Capital is operating at the current time. Most of Advisors Capital's value examination focuses on studying past and present price action to predict the probability of Advisors Capital's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Advisors Capital's price. Additionally, you may evaluate how the addition of Advisors Capital to your portfolios can decrease your overall portfolio volatility.
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Advisors Capital 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.
A focus of Advisors Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advisors Capital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...