BARINGS EASTERN (Germany) Market Value
| BYQA Fund | EUR 39.53 0.22 0.56% |
| Symbol | BARINGS |
Please note, there is a significant difference between BARINGS EASTERN's value and its price as these two are different measures arrived at by different means. Investors typically determine if BARINGS EASTERN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BARINGS EASTERN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BARINGS EASTERN '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 BARINGS EASTERN'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 BARINGS EASTERN.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in BARINGS EASTERN on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding BARINGS EASTERN EUROPE or generate 0.0% return on investment in BARINGS EASTERN over 30 days. BARINGS EASTERN is related to or competes with Esfera Robotics, R Co, and IE00B0H4TS55. More
BARINGS EASTERN 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 BARINGS EASTERN'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 BARINGS EASTERN EUROPE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.66 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.29 |
BARINGS EASTERN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BARINGS EASTERN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BARINGS EASTERN's standard deviation. In reality, there are many statistical measures that can use BARINGS EASTERN historical prices to predict the future BARINGS EASTERN's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.16) |
BARINGS EASTERN EUROPE Backtested Returns
BARINGS EASTERN EUROPE secures Sharpe Ratio (or Efficiency) of -0.0238, which signifies that the fund had a -0.0238% return per unit of risk over the last 3 months. BARINGS EASTERN EUROPE exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BARINGS EASTERN's Variance of 0.6882, mean deviation of 0.6449, and Coefficient Of Variation of (5,265) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BARINGS EASTERN's returns are expected to increase less than the market. However, during the bear market, the loss of holding BARINGS EASTERN is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
BARINGS EASTERN EUROPE has good predictability. Overlapping area represents the amount of predictability between BARINGS EASTERN time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 BARINGS EASTERN EUROPE price movement. The serial correlation of 0.73 indicates that around 73.0% of current BARINGS EASTERN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
BARINGS EASTERN EUROPE lagged returns against current returns
Autocorrelation, which is BARINGS EASTERN 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 BARINGS EASTERN's fund expected returns. We can calculate the autocorrelation of BARINGS EASTERN returns to help us make a trade decision. For example, suppose you find that BARINGS EASTERN 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 |
BARINGS EASTERN 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 BARINGS EASTERN fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BARINGS EASTERN fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BARINGS EASTERN fund over time.
Current vs Lagged Prices |
| Timeline |
BARINGS EASTERN Lagged Returns
When evaluating BARINGS EASTERN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BARINGS EASTERN fund have on its future price. BARINGS EASTERN 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, BARINGS EASTERN autocorrelation shows the relationship between BARINGS EASTERN fund current value and its past values and can show if there is a momentum factor associated with investing in BARINGS EASTERN EUROPE.
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 BARINGS Fund
BARINGS EASTERN financial ratios help investors to determine whether BARINGS 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 BARINGS with respect to the benefits of owning BARINGS EASTERN security.
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