Brandywineglobal Globalome Opportunities Fund Market Value
| BWG Fund | USD 8.34 0.01 0.12% |
| Symbol | Brandywineglobal |
Brandywineglobal '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 Brandywineglobal's 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 Brandywineglobal.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Brandywineglobal on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Brandywineglobal Globalome Opportunities or generate 0.0% return on investment in Brandywineglobal over 30 days. Brandywineglobal is related to or competes with MFS Investment, Eaton Vance, Blackrock Muniholdings, Blackrock Muniyield, Munivest Fund, Blackrock Muni, and DTF Tax. Legg Mason BW Global Income Opportunities Fund Inc More
Brandywineglobal 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 Brandywineglobal's 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 Brandywineglobal Globalome Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 0.8505 |
Brandywineglobal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brandywineglobal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brandywineglobal's standard deviation. In reality, there are many statistical measures that can use Brandywineglobal historical prices to predict the future Brandywineglobal's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brandywineglobal'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.
Brandywineglobal Glo Backtested Returns
Brandywineglobal Glo secures Sharpe Ratio (or Efficiency) of -0.0348, which signifies that the fund had a -0.0348% return per unit of standard deviation over the last 3 months. Brandywineglobal Globalome Opportunities exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brandywineglobal's mean deviation of 0.4561, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brandywineglobal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brandywineglobal is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Brandywineglobal Globalome Opportunities has modest predictability. Overlapping area represents the amount of predictability between Brandywineglobal time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Brandywineglobal Glo price movement. The serial correlation of 0.54 indicates that about 54.0% of current Brandywineglobal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Brandywineglobal Glo lagged returns against current returns
Autocorrelation, which is Brandywineglobal 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 Brandywineglobal's fund expected returns. We can calculate the autocorrelation of Brandywineglobal returns to help us make a trade decision. For example, suppose you find that Brandywineglobal has exhibited high autocorrelation historically, and you observe that the 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 |
Brandywineglobal 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 Brandywineglobal fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brandywineglobal fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brandywineglobal fund over time.
Current vs Lagged Prices |
| Timeline |
Brandywineglobal Lagged Returns
When evaluating Brandywineglobal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brandywineglobal fund have on its future price. Brandywineglobal 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, Brandywineglobal autocorrelation shows the relationship between Brandywineglobal fund current value and its past values and can show if there is a momentum factor associated with investing in Brandywineglobal Globalome Opportunities.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Brandywineglobal Fund
Brandywineglobal financial ratios help investors to determine whether Brandywineglobal 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 Brandywineglobal with respect to the benefits of owning Brandywineglobal security.
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