Comstock Mutual Fund Market Value

CPCRX -  USA Fund  

USD 3.79  0.00  0.00%

Comstock Capital's market value is the price at which a share of Comstock Capital stock trades on a public exchange. It measures the collective expectations of Comstock Capital Value investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Comstock Capital Value and determine expected loss or profit from investing in Comstock Capital over a given investment horizon. Continue to Comstock Capital Hype Analysis, Comstock Capital Correlation, Portfolio Optimization, Comstock Capital Volatility, as well as analyze Comstock Capital Alpha and Beta and Comstock Capital Performance.
Symbol
Backtest

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

Comstock 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 Comstock 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 Comstock Capital.
0.00
10/08/2019
No Change 0.00  0.0 
In 1 year 9 months and 23 days
07/29/2021
0.00
If you would invest  0.00  in Comstock Capital on October 8, 2019 and sell it all today you would earn a total of 0.00 from holding Comstock Capital Value or generate 0.0% return on investment in Comstock Capital over 660 days. Comstock Capital is related to or competes with Pimco Stocksplus, Pimco Stocksplus, Federated Prudent, Rydex Dynamic, Rydex Dynamic, Rydex Dynamic, and Rydex Dynamic. The investment seeks to maximize total return, consisting of capital appreciation and current income

Comstock 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 Comstock 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 Comstock Capital Value upside and downside potential and time the market with a certain degree of confidence.

Comstock Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Comstock Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comstock Capital's standard deviation. In reality, there are many statistical measures that can use Comstock Capital historical prices to predict the future Comstock 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 Comstock 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 Comstock Capital in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.773.833.89
Details
Intrinsic
Valuation
LowReal ValueHigh
3.743.803.86
Details
Naive
Forecast
LowNext ValueHigh
3.733.793.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.783.793.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Comstock Capital. Your research has to be compared to or analyzed against Comstock Capital's peers to derive any actionable benefits. When done correctly, Comstock 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 Comstock Capital Value.

Comstock Capital Value Backtested Returns

Comstock Capital Value secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the fund had -0.22% of return per unit of risk over the last 3 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. Comstock Capital Value exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Comstock Capital Value risk adjusted performance of (0.13), and Mean Deviation of 0.0235 to double-check the risk estimate we provide.
The fund shows a Beta (market volatility) of 0.019, which signifies not very significant fluctuations relative to the market. Let's try to break down what Comstock's beta means in this case. As returns on the market increase, Comstock Capital returns are expected to increase less than the market. However, during the bear market, the loss on holding Comstock Capital will be expected to be smaller as well. Even though it is essential to pay attention to Comstock Capital Value 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. Comstock Capital Value exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.76   

Good predictability

Comstock Capital Value has good predictability. Overlapping area represents the amount of predictability between Comstock Capital time series from 8th of October 2019 to 2nd of September 2020 and 2nd of September 2020 to 29th of July 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Comstock Capital Value price movement. The serial correlation of 0.76 indicates that around 76.0% of current Comstock Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.54
Residual Average0.0
Price Variance0.0

Comstock Capital Value lagged returns against current returns

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

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

Comstock Capital Lagged Returns

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

Comstock Capital Investors Sentiment

The influence of Comstock Capital's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Comstock. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - CPCRX

Comstock Capital Value Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Comstock Capital Value. What is your opinion about investing in Comstock Capital Value? Are you bullish or bearish?
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Bearish
50% Bullish
50% Bearish
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Pair Trading with Comstock 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 Comstock 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 Comstock Capital will appreciate offsetting losses from the drop in the long position's value.

Comstock Capital Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Comstock Capital and Pimco Stocksplus Short. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Comstock Capital Hype Analysis, Comstock Capital Correlation, Portfolio Optimization, Comstock Capital Volatility, as well as analyze Comstock Capital Alpha and Beta and Comstock Capital Performance. Note that the Comstock Capital Value information on this page should be used as a complementary analysis to other Comstock Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Comstock Mutual Fund analysis

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