Federated Kaufmann Small Fund Market Value

FKASX Fund  USD 49.32  0.55  1.13%   
Federated Kaufmann's market value is the price at which a share of Federated Kaufmann trades on a public exchange. It measures the collective expectations of Federated Kaufmann Small investors about its performance. Federated Kaufmann is trading at 49.32 as of the 28th of March 2024; that is 1.13 percent increase since the beginning of the trading day. The fund's open price was 48.77.
With this module, you can estimate the performance of a buy and hold strategy of Federated Kaufmann Small and determine expected loss or profit from investing in Federated Kaufmann over a given investment horizon. Check out Federated Kaufmann Correlation, Federated Kaufmann Volatility and Federated Kaufmann Alpha and Beta module to complement your research on Federated Kaufmann.
Symbol

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

Federated Kaufmann '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 Federated Kaufmann'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 Federated Kaufmann.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Federated Kaufmann on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Federated Kaufmann Small or generate 0.0% return on investment in Federated Kaufmann over 720 days. Federated Kaufmann is related to or competes with USCF Gold, Federated Hermes, Federated Mdt, Federated High, Federated Hermes, Federated Hermes, and Federated Hermes. The fund invests primarily in the common stocks of small companies that are traded on national security exchanges, the N... More

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

Federated Kaufmann Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Federated Kaufmann's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federated Kaufmann's standard deviation. In reality, there are many statistical measures that can use Federated Kaufmann historical prices to predict the future Federated Kaufmann's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Federated Kaufmann'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
48.2149.3250.43
Details
Intrinsic
Valuation
LowRealHigh
47.6048.7149.82
Details
Naive
Forecast
LowNextHigh
49.2650.3751.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
48.6249.1449.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Federated Kaufmann. Your research has to be compared to or analyzed against Federated Kaufmann's peers to derive any actionable benefits. When done correctly, Federated Kaufmann's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Federated Kaufmann Small.

Federated Kaufmann Small Backtested Returns

We consider Federated Kaufmann very steady. Federated Kaufmann Small secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Federated Kaufmann Small, which you can use to evaluate the volatility of the entity. Please confirm Federated Kaufmann's Coefficient Of Variation of 750.0, mean deviation of 0.8854, and Downside Deviation of 1.01 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 1.54, 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, Federated Kaufmann will likely underperform.

Auto-correlation

    
  0.19  

Very weak predictability

Federated Kaufmann Small has very weak predictability. Overlapping area represents the amount of predictability between Federated Kaufmann time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 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 Federated Kaufmann Small price movement. The serial correlation of 0.19 indicates that over 19.0% of current Federated Kaufmann price fluctuation can be explain by its past prices.
Correlation Coefficient0.19
Spearman Rank Test-0.11
Residual Average0.0
Price Variance6.34

Federated Kaufmann Small lagged returns against current returns

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

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

Federated Kaufmann Lagged Returns

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

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Check out Federated Kaufmann Correlation, Federated Kaufmann Volatility and Federated Kaufmann Alpha and Beta module to complement your research on Federated Kaufmann.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Federated Kaufmann's price analysis, check to measure Federated Kaufmann'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 Federated Kaufmann is operating at the current time. Most of Federated Kaufmann's value examination focuses on studying past and present price action to predict the probability of Federated Kaufmann's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Federated Kaufmann's price. Additionally, you may evaluate how the addition of Federated Kaufmann to your portfolios can decrease your overall portfolio volatility.
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Federated Kaufmann 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 Federated Kaufmann technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Federated Kaufmann 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...