BARINGS LATIN (Germany) Market Value
| BYQM Fund | EUR 27.08 0.01 0.04% |
| Symbol | BARINGS |
Please note, there is a significant difference between BARINGS LATIN's value and its price as these two are different measures arrived at by different means. Investors typically determine if BARINGS LATIN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BARINGS LATIN'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 LATIN '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 LATIN'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 LATIN.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in BARINGS LATIN on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding BARINGS LATIN AMERICA or generate 0.0% return on investment in BARINGS LATIN over 30 days. More
BARINGS LATIN 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 LATIN'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 LATIN AMERICA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.19 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 1.93 |
BARINGS LATIN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BARINGS LATIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BARINGS LATIN's standard deviation. In reality, there are many statistical measures that can use BARINGS LATIN historical prices to predict the future BARINGS LATIN's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.21) |
BARINGS LATIN AMERICA Backtested Returns
BARINGS LATIN AMERICA secures Sharpe Ratio (or Efficiency) of -0.0839, which signifies that the fund had a -0.0839% return per unit of risk over the last 3 months. BARINGS LATIN AMERICA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BARINGS LATIN's Mean Deviation of 0.9409, variance of 1.53, and Coefficient Of Variation of (943.77) to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BARINGS LATIN's returns are expected to increase less than the market. However, during the bear market, the loss of holding BARINGS LATIN is expected to be smaller as well.
Auto-correlation | 0.01 |
Virtually no predictability
BARINGS LATIN AMERICA has virtually no predictability. Overlapping area represents the amount of predictability between BARINGS LATIN time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 LATIN AMERICA price movement. The serial correlation of 0.01 indicates that just 1.0% of current BARINGS LATIN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
BARINGS LATIN AMERICA lagged returns against current returns
Autocorrelation, which is BARINGS LATIN 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 LATIN's fund expected returns. We can calculate the autocorrelation of BARINGS LATIN returns to help us make a trade decision. For example, suppose you find that BARINGS LATIN 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 LATIN 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 LATIN fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BARINGS LATIN fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BARINGS LATIN fund over time.
Current vs Lagged Prices |
| Timeline |
BARINGS LATIN Lagged Returns
When evaluating BARINGS LATIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BARINGS LATIN fund have on its future price. BARINGS LATIN 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 LATIN autocorrelation shows the relationship between BARINGS LATIN fund current value and its past values and can show if there is a momentum factor associated with investing in BARINGS LATIN AMERICA.
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 LATIN 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 LATIN security.
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