Global Small Cap Fund Market Value
| AGCVX Fund | USD 19.87 0.22 1.12% |
| Symbol | Global |
Global Small '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 Global Small'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 Global Small.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Global Small on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Global Small Cap or generate 0.0% return on investment in Global Small over 480 days. Global Small is related to or competes with Quantitative, Rational Strategic, Aqr Large, Legg Mason, Touchstone Large, Enhanced, and Pace Large. The fund will invest at least 80 percent of its net assets in securities issued by small cap companies More
Global Small 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 Global Small'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 Global Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.61 |
Global Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Small's standard deviation. In reality, there are many statistical measures that can use Global Small historical prices to predict the future Global Small's volatility.| Risk Adjusted Performance | 0.082 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0863 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Small'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.
Global Small Cap Backtested Returns
At this stage we consider Global Mutual Fund to be very steady. Global Small Cap holds Efficiency (Sharpe) Ratio of 0.0838, which attests that the entity had a 0.0838% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global Small Cap, which you can use to evaluate the volatility of the entity. Please check out Global Small's Risk Adjusted Performance of 0.082, market risk adjusted performance of 0.0963, and Downside Deviation of 1.05 to validate if the risk estimate we provide is consistent with the expected return of 0.0854%. The fund retains a Market Volatility (i.e., Beta) of 1.14, which attests to a somewhat significant risk relative to the market. Global Small returns are very sensitive to returns on the market. As the market goes up or down, Global Small is expected to follow.
Auto-correlation | 0.59 |
Modest predictability
Global Small Cap has modest predictability. Overlapping area represents the amount of predictability between Global Small time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th of November 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 Global Small Cap price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Global Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Global Small Cap lagged returns against current returns
Autocorrelation, which is Global Small 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 Global Small's mutual fund expected returns. We can calculate the autocorrelation of Global Small returns to help us make a trade decision. For example, suppose you find that Global Small 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 |
Global Small 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 Global Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global Small Lagged Returns
When evaluating Global Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Small mutual fund have on its future price. Global Small 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, Global Small autocorrelation shows the relationship between Global Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global Small Cap.
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 Global Mutual Fund
Global Small financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Small security.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |