North Square Kennedy Fund Market Value
| NKMCX Fund | 12.64 0.07 0.55% |
| Symbol | North |
North Square '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 North Square'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 North Square.
| 02/22/2025 |
| 07/22/2025 |
If you would invest 0.00 in North Square on February 22, 2025 and sell it all today you would earn a total of 0.00 from holding North Square Kennedy or generate 0.0% return on investment in North Square over 150 days. North Square is related to or competes with Adirondack Small, Small Company, Advisory Research, North Square, Advisory Research, Advisory Research, and Api Efficient. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities of micro-cap... More
North Square 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 North Square'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 North Square Kennedy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.1428 | |||
| Maximum Drawdown | 5.43 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 2.59 |
North Square Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for North Square's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as North Square's standard deviation. In reality, there are many statistical measures that can use North Square historical prices to predict the future North Square's volatility.| Risk Adjusted Performance | 0.2525 | |||
| Jensen Alpha | 0.323 | |||
| Total Risk Alpha | 0.1324 | |||
| Sortino Ratio | 0.1538 | |||
| Treynor Ratio | (1.89) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of North Square'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.
North Square Kennedy Backtested Returns
North Square appears to be very steady, given 3 months investment horizon. North Square Kennedy has Sharpe Ratio of 0.25, which conveys that the entity had a 0.25 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for North Square, which you can use to evaluate the volatility of the fund. Please exercise North Square's Risk Adjusted Performance of 0.2525, downside deviation of 1.08, and Mean Deviation of 0.8954 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning North Square are expected to decrease at a much lower rate. During the bear market, North Square is likely to outperform the market.
Auto-correlation | -0.59 |
Good reverse predictability
North Square Kennedy has good reverse predictability. Overlapping area represents the amount of predictability between North Square time series from 22nd of February 2025 to 8th of May 2025 and 8th of May 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 North Square Kennedy price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current North Square price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
North Square Kennedy lagged returns against current returns
Autocorrelation, which is North Square 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 North Square's mutual fund expected returns. We can calculate the autocorrelation of North Square returns to help us make a trade decision. For example, suppose you find that North Square 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 |
North Square 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 North Square mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if North Square mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in North Square mutual fund over time.
Current vs Lagged Prices |
| Timeline |
North Square Lagged Returns
When evaluating North Square's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of North Square mutual fund have on its future price. North Square 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, North Square autocorrelation shows the relationship between North Square mutual fund current value and its past values and can show if there is a momentum factor associated with investing in North Square Kennedy.
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 North Mutual Fund
North Square financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Square security.
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