Private Capital Management Fund Market Value

VFPIX Fund  USD 15.91  0.30  1.92%   
Private Capital's market value is the price at which a share of Private Capital trades on a public exchange. It measures the collective expectations of Private Capital Management investors about its performance. Private Capital is trading at 15.91 as of the 28th of March 2024; that is 1.92 percent increase since the beginning of the trading day. The fund's open price was 15.61.
With this module, you can estimate the performance of a buy and hold strategy of Private Capital Management and determine expected loss or profit from investing in Private Capital over a given investment horizon. Check out Private Capital Correlation, Private Capital Volatility and Private Capital Alpha and Beta module to complement your research on Private Capital.
Symbol

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

Private 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 Private 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 Private Capital.
0.00
02/02/2023
No Change 0.00  0.0 
In 1 year 1 month and 25 days
03/28/2024
0.00
If you would invest  0.00  in Private Capital on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding Private Capital Management or generate 0.0% return on investment in Private Capital over 420 days. Private Capital is related to or competes with USCF Gold, Vy Invesco, Brookfield Real, Growth Fund, Vanguard Dividend, and International Growth. The fund, under normal circumstances, primarily invests in common stocks of companies listed on stock exchanges in North... More

Private 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 Private 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 Private Capital Management upside and downside potential and time the market with a certain degree of confidence.

Private Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Private Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Private Capital's standard deviation. In reality, there are many statistical measures that can use Private Capital historical prices to predict the future Private Capital's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Private 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.
Hype
Prediction
LowEstimatedHigh
14.7315.9117.09
Details
Intrinsic
Valuation
LowRealHigh
14.5615.7416.92
Details
Naive
Forecast
LowNextHigh
15.0316.2217.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.5315.8116.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Private Capital. Your research has to be compared to or analyzed against Private Capital's peers to derive any actionable benefits. When done correctly, Private Capital'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 Private Capital Mana.

Private Capital Mana Backtested Returns

We consider Private Capital very steady. Private Capital Mana maintains Sharpe Ratio (i.e., Efficiency) of 0.0223, which implies the entity had a 0.0223% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Private Capital Mana, which you can use to evaluate the volatility of the fund. Please check Private Capital's Semi Deviation of 1.12, coefficient of variation of 1479.76, and Risk Adjusted Performance of 0.0428 to confirm if the risk estimate we provide is consistent with the expected return of 0.0262%. The fund holds a Beta of 1.43, which implies 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, Private Capital will likely underperform.

Auto-correlation

    
  -0.36  

Poor reverse predictability

Private Capital Management has poor reverse predictability. Overlapping area represents the amount of predictability between Private Capital time series from 2nd of February 2023 to 31st of August 2023 and 31st of August 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 Private Capital Mana price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Private Capital price fluctuation can be explain by its past prices.
Correlation Coefficient-0.36
Spearman Rank Test-0.5
Residual Average0.0
Price Variance0.34

Private Capital Mana lagged returns against current returns

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

Private 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 Private Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Private 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 Private Capital mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Private Capital Lagged Returns

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

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