Brandes E Plus Fund Market Value
| BCPAX Fund | USD 8.26 0.01 0.12% |
| Symbol | Brandes |
Brandes Core '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 Brandes Core'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 Brandes Core.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Brandes Core on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Brandes E Plus or generate 0.0% return on investment in Brandes Core over 30 days. Brandes Core is related to or competes with Brandes Small, Brandes Small, Brandes Small, Brandes E, Brandes Core, Brandes Emerging, and Brandes Emerging. The fund invests at least 80 percent of its net assets measured at the time of purchase in fixed income securities More
Brandes Core 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 Brandes Core'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 Brandes E Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 1.09 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.3623 |
Brandes Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brandes Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brandes Core's standard deviation. In reality, there are many statistical measures that can use Brandes Core historical prices to predict the future Brandes Core's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.4168 |
Brandes E Plus Backtested Returns
Brandes E Plus secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the fund had a -0.11% return per unit of standard deviation over the last 3 months. Brandes E Plus exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brandes Core's mean deviation of 0.1903, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.08, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brandes Core are expected to decrease at a much lower rate. During the bear market, Brandes Core is likely to outperform the market.
Auto-correlation | 0.23 |
Weak predictability
Brandes E Plus has weak predictability. Overlapping area represents the amount of predictability between Brandes Core time series from 25th of October 2024 to 9th of November 2024 and 9th of November 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 Brandes E Plus price movement. The serial correlation of 0.23 indicates that over 23.0% of current Brandes Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Brandes E Plus lagged returns against current returns
Autocorrelation, which is Brandes Core 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 Brandes Core's mutual fund expected returns. We can calculate the autocorrelation of Brandes Core returns to help us make a trade decision. For example, suppose you find that Brandes Core 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 |
Brandes Core 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 Brandes Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brandes Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brandes Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Brandes Core Lagged Returns
When evaluating Brandes Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brandes Core mutual fund have on its future price. Brandes Core 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, Brandes Core autocorrelation shows the relationship between Brandes Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Brandes E Plus.
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 Brandes Mutual Fund
Brandes Core financial ratios help investors to determine whether Brandes 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 Brandes with respect to the benefits of owning Brandes Core security.
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