The Eafe Choice Fund Market Value
| BGCSX Fund | USD 15.09 0.06 0.40% |
| Symbol | Eafe |
Eafe Choice '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 Eafe Choice'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 Eafe Choice.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Eafe Choice on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding The Eafe Choice or generate 0.0% return on investment in Eafe Choice over 90 days. Eafe Choice is related to or competes with Blackrock Moderate, Saat Moderate, Target Retirement, Jp Morgan, Pro-blend(r) Moderate, Franklin Lifesmart, and Franklin Lifesmart. Under normal circumstances, the fund invests at least 80 percent of its net assets in common stocks and other equity sec... More
Eafe Choice 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 Eafe Choice'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 The Eafe Choice upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 5.35 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.23 |
Eafe Choice Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eafe Choice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eafe Choice's standard deviation. In reality, there are many statistical measures that can use Eafe Choice historical prices to predict the future Eafe Choice's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eafe Choice'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.
Eafe Choice Backtested Returns
Eafe Choice secures Sharpe Ratio (or Efficiency) of -0.0339, which denotes the fund had a -0.0339% return per unit of risk over the last 3 months. The Eafe Choice exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eafe Choice's Coefficient Of Variation of (2,009), risk adjusted performance of (0.04), and Standard Deviation of 0.9267 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eafe Choice's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eafe Choice is expected to be smaller as well.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
The Eafe Choice has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Eafe Choice time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Eafe Choice price movement. The serial correlation of -0.73 indicates that around 73.0% of current Eafe Choice price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Eafe Choice lagged returns against current returns
Autocorrelation, which is Eafe Choice 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 Eafe Choice's mutual fund expected returns. We can calculate the autocorrelation of Eafe Choice returns to help us make a trade decision. For example, suppose you find that Eafe Choice 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 |
Eafe Choice 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 Eafe Choice mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eafe Choice mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eafe Choice mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Eafe Choice Lagged Returns
When evaluating Eafe Choice's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eafe Choice mutual fund have on its future price. Eafe Choice 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, Eafe Choice autocorrelation shows the relationship between Eafe Choice mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Eafe Choice.
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 Eafe Mutual Fund
Eafe Choice financial ratios help investors to determine whether Eafe 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 Eafe with respect to the benefits of owning Eafe Choice security.
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