Brookfield Global Listed Fund Market Value
| BGLCX Fund | USD 13.98 0.01 0.07% |
| Symbol | Brookfield |
Brookfield Global '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 Brookfield Global'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 Brookfield Global.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Brookfield Global on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Brookfield Global Listed or generate 0.0% return on investment in Brookfield Global over 30 days. Brookfield Global is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, High-yield Municipal, Via Renewables, and American Century. The fund normally invests at least 80 percent of its net assets in publicly traded equity securities of infrastructure c... More
Brookfield Global 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 Brookfield Global'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 Brookfield Global Listed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.646 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.36 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 0.8721 |
Brookfield Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Global's standard deviation. In reality, there are many statistical measures that can use Brookfield Global historical prices to predict the future Brookfield Global's volatility.| Risk Adjusted Performance | 0.0991 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.2993 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brookfield Global'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.
Brookfield Global Listed Backtested Returns
At this stage we consider Brookfield Mutual Fund to be very steady. Brookfield Global Listed secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Brookfield Global Listed, which you can use to evaluate the volatility of the entity. Please confirm Brookfield Global's Mean Deviation of 0.4574, downside deviation of 0.646, and Risk Adjusted Performance of 0.0991 to double-check if the risk estimate we provide is consistent with the expected return of 0.0831%. The fund shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brookfield Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookfield Global is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Brookfield Global Listed has good predictability. Overlapping area represents the amount of predictability between Brookfield Global time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Brookfield Global Listed price movement. The serial correlation of 0.67 indicates that around 67.0% of current Brookfield Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Brookfield Global Listed lagged returns against current returns
Autocorrelation, which is Brookfield Global 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 Brookfield Global's mutual fund expected returns. We can calculate the autocorrelation of Brookfield Global returns to help us make a trade decision. For example, suppose you find that Brookfield Global 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 |
Brookfield Global 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 Brookfield Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookfield Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Brookfield Global Lagged Returns
When evaluating Brookfield Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Global mutual fund have on its future price. Brookfield Global 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, Brookfield Global autocorrelation shows the relationship between Brookfield Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Global Listed.
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 Brookfield Mutual Fund
Brookfield Global financial ratios help investors to determine whether Brookfield 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 Brookfield with respect to the benefits of owning Brookfield Global security.
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