Brookfield Global Listed Fund Market Value
| BLRCX Fund | USD 11.57 0.03 0.26% |
| 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.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Brookfield Global on May 27, 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 180 days. Brookfield Global is related to or competes with Short Precious, James Balanced, Europac Gold, Invesco Gold, Franklin Gold, and Precious Metals. The fund seeks to achieve its investment objective by investing primarily in REITs and other securities in the real esta... 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 | 0.8081 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 4.16 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.12 |
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 | 0.0106 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0191 |
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
Brookfield Global Listed secures Sharpe Ratio (or Efficiency) of -0.0403, which signifies that the fund had a -0.0403% return per unit of risk over the last 3 months. Brookfield Global Listed exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brookfield Global's Risk Adjusted Performance of 0.0106, downside deviation of 0.8081, and Mean Deviation of 0.5767 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0315, 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 | -0.76 |
Almost perfect reverse predictability
Brookfield Global Listed has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Brookfield Global time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 -0.76 indicates that around 76.0% of current Brookfield Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
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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