Brandes Emerging Markets Fund Market Value
| BEMAX Fund | USD 8.49 0.06 0.70% |
| Symbol | Brandes |
Brandes Emerging '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 Emerging'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 Emerging.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Brandes Emerging on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Brandes Emerging Markets or generate 0.0% return on investment in Brandes Emerging over 720 days. Brandes Emerging is related to or competes with Qs Us, Small-midcap Dividend, Small Pany, Ancora/thelen Small-mid, Gmo Small, and Ab Small. Under normal market conditions, the fund invests at least 80 percent of its net assets measured at the time of purchase ... More
Brandes Emerging 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 Emerging'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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9889 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.67 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.58 |
Brandes Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brandes Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brandes Emerging's standard deviation. In reality, there are many statistical measures that can use Brandes Emerging historical prices to predict the future Brandes Emerging's volatility.| Risk Adjusted Performance | 0.0077 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.01) |
Brandes Emerging Markets Backtested Returns
Brandes Emerging Markets secures Sharpe Ratio (or Efficiency) of -2.0E-4, which signifies that the fund had a -2.0E-4% return per unit of standard deviation over the last 3 months. Brandes Emerging Markets exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brandes Emerging's mean deviation of 0.7522, and Risk Adjusted Performance of 0.0077 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brandes Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brandes Emerging is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Brandes Emerging Markets has below average predictability. Overlapping area represents the amount of predictability between Brandes Emerging time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Emerging Markets price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Brandes Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Brandes Emerging Markets lagged returns against current returns
Autocorrelation, which is Brandes Emerging 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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Brandes Emerging returns to help us make a trade decision. For example, suppose you find that Brandes Emerging 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brandes Emerging 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 Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Brandes Emerging Lagged Returns
When evaluating Brandes Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brandes Emerging mutual fund have on its future price. Brandes Emerging 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 Emerging autocorrelation shows the relationship between Brandes Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Brandes Emerging Markets.
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 Emerging 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 Emerging security.
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