Brandes Emerging Markets Fund Market Value
| BEMCX Fund | USD 8.47 0.05 0.59% |
| 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.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Brandes Emerging on October 25, 2024 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 30 days. Brandes Emerging is related to or competes with Baron Emerging, Brandes International, Guggenheim Macro, and Aqr Diversified. 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 | 1.03 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.83 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.68 |
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 | 0.0095 | |||
| Jensen Alpha | 0.0177 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0042 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brandes Emerging'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.
Brandes Emerging Markets Backtested Returns
At this stage we consider Brandes Mutual Fund to be not too volatile. Brandes Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.0035, which signifies that the fund had a 0.0035% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Brandes Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Brandes Emerging's risk adjusted performance of 0.0095, and Mean Deviation of 0.8179 to double-check if the risk estimate we provide is consistent with the expected return of 0.0037%. The fund shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brandes Emerging are expected to decrease at a much lower rate. During the bear market, Brandes Emerging is likely to outperform the market.
Auto-correlation | 0.20 |
Weak predictability
Brandes Emerging Markets has weak predictability. Overlapping area represents the amount of predictability between Brandes Emerging 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 Emerging Markets price movement. The serial correlation of 0.2 indicates that over 20.0% of current Brandes Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
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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