Brandes Small Cap Fund Market Value
| BSCMX Fund | USD 17.78 0.23 1.31% |
| Symbol | Brandes |
Brandes Small '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 Small'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 Small.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Brandes Small on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Brandes Small Cap or generate 0.0% return on investment in Brandes Small over 30 days. Brandes Small is related to or competes with Brandes E, Brandes Core, Brandes Core, Brandes Emerging, Brandes Emerging, Brandes Emerging, and Brandes Emerging. The fund invests primarily in equity securities of U.S More
Brandes Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.96 | |||
| Information Ratio | 0.062 | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 2.23 |
Brandes Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brandes Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brandes Small's standard deviation. In reality, there are many statistical measures that can use Brandes Small historical prices to predict the future Brandes Small's volatility.| Risk Adjusted Performance | 0.137 | |||
| Jensen Alpha | 0.0438 | |||
| Total Risk Alpha | 0.0094 | |||
| Sortino Ratio | 0.0753 | |||
| Treynor Ratio | 0.1562 |
Brandes Small Cap Backtested Returns
At this stage we consider Brandes Mutual Fund to be very steady. Brandes Small Cap secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Brandes Small Cap, which you can use to evaluate the volatility of the entity. Please confirm Brandes Small's mean deviation of 0.8493, and Risk Adjusted Performance of 0.137 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 1.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Brandes Small will likely underperform.
Auto-correlation | 0.66 |
Good predictability
Brandes Small Cap has good predictability. Overlapping area represents the amount of predictability between Brandes Small 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 Small Cap price movement. The serial correlation of 0.66 indicates that around 66.0% of current Brandes Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Brandes Small Cap lagged returns against current returns
Autocorrelation, which is Brandes Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Brandes Small returns to help us make a trade decision. For example, suppose you find that Brandes Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brandes Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Brandes Small Lagged Returns
When evaluating Brandes Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brandes Small mutual fund have on its future price. Brandes Small 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 Small autocorrelation shows the relationship between Brandes Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Brandes Small Cap.
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 Small 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 Small security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |