Driehaus Multi Asset Growth Fund Market Value
| DMAGX Fund | USD 17.79 0.07 0.40% |
| Symbol | Driehaus |
Driehaus Multi '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 Driehaus Multi'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 Driehaus Multi.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Driehaus Multi on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Driehaus Multi Asset Growth or generate 0.0% return on investment in Driehaus Multi over 90 days. Driehaus Multi is related to or competes with Driehaus Emerging, Driehaus Micro, Driehaus Small, Driehaus Emerging, Driehaus Emerging, and Driehaus International. The fund manager using a growth style of investment, opportunistically invests in equity securities, including common st... More
Driehaus Multi 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 Driehaus Multi'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 Driehaus Multi Asset Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6864 | |||
| Information Ratio | 0.2018 | |||
| Maximum Drawdown | 3.21 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.72 |
Driehaus Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Driehaus Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Driehaus Multi's standard deviation. In reality, there are many statistical measures that can use Driehaus Multi historical prices to predict the future Driehaus Multi's volatility.| Risk Adjusted Performance | 0.3719 | |||
| Jensen Alpha | 0.2012 | |||
| Total Risk Alpha | 0.1768 | |||
| Sortino Ratio | 0.2144 | |||
| Treynor Ratio | 0.4696 |
Driehaus Multi Asset Backtested Returns
Driehaus Multi appears to be very steady, given 3 months investment horizon. Driehaus Multi Asset secures Sharpe Ratio (or Efficiency) of 0.44, which denotes the fund had a 0.44 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Driehaus Multi Asset Growth, which you can use to evaluate the volatility of the entity. Please utilize Driehaus Multi's Mean Deviation of 0.5355, coefficient of variation of 248.76, and Standard Deviation of 0.7292 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.6, which means possible diversification benefits within a given portfolio. As returns on the market increase, Driehaus Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Driehaus Multi is expected to be smaller as well.
Auto-correlation | 0.91 |
Excellent predictability
Driehaus Multi Asset Growth has excellent predictability. Overlapping area represents the amount of predictability between Driehaus Multi time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 Driehaus Multi Asset price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Driehaus Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Driehaus Multi Asset lagged returns against current returns
Autocorrelation, which is Driehaus Multi 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 Driehaus Multi's mutual fund expected returns. We can calculate the autocorrelation of Driehaus Multi returns to help us make a trade decision. For example, suppose you find that Driehaus Multi 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 |
Driehaus Multi 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 Driehaus Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Driehaus Multi mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Driehaus Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Driehaus Multi Lagged Returns
When evaluating Driehaus Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Driehaus Multi mutual fund have on its future price. Driehaus Multi 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, Driehaus Multi autocorrelation shows the relationship between Driehaus Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Driehaus Multi Asset Growth.
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 Driehaus Mutual Fund
Driehaus Multi financial ratios help investors to determine whether Driehaus 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 Driehaus with respect to the benefits of owning Driehaus Multi security.
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