Central Europe Russia Fund Market Value
| CEE Fund | USD 12.14 0.14 1.17% |
| Symbol | Central |
Central Europe '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 Central Europe'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 Central Europe.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Central Europe on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Central Europe Russia or generate 0.0% return on investment in Central Europe over 360 days. Central Europe is related to or competes with Mexico Closed, NXG NextGen, Taiwan Closed, Japan Smaller, MFS Charter, European Equity, and Aberdeen Japan. The Central and Eastern Europe Fund, Inc More
Central Europe 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 Central Europe'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 Central Europe Russia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.0388 | |||
| Maximum Drawdown | 13.97 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.52 |
Central Europe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Central Europe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Central Europe's standard deviation. In reality, there are many statistical measures that can use Central Europe historical prices to predict the future Central Europe's volatility.| Risk Adjusted Performance | 0.0808 | |||
| Jensen Alpha | 0.0758 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0514 | |||
| Treynor Ratio | 0.1786 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Central Europe'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.
Central Europe Russia Backtested Returns
Central Europe appears to be not too volatile, given 3 months investment horizon. Central Europe Russia secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Central Europe Russia, which you can use to evaluate the volatility of the entity. Please makes use of Central Europe's Mean Deviation of 1.1, downside deviation of 1.39, and Risk Adjusted Performance of 0.0808 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.96, which signifies possible diversification benefits within a given portfolio. Central Europe returns are very sensitive to returns on the market. As the market goes up or down, Central Europe is expected to follow.
Auto-correlation | 0.58 |
Modest predictability
Central Europe Russia has modest predictability. Overlapping area represents the amount of predictability between Central Europe time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 Central Europe Russia price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Central Europe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Central Europe Russia lagged returns against current returns
Autocorrelation, which is Central Europe 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 Central Europe's fund expected returns. We can calculate the autocorrelation of Central Europe returns to help us make a trade decision. For example, suppose you find that Central Europe 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 |
Central Europe 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 Central Europe fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Central Europe fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Central Europe fund over time.
Current vs Lagged Prices |
| Timeline |
Central Europe Lagged Returns
When evaluating Central Europe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Central Europe fund have on its future price. Central Europe 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, Central Europe autocorrelation shows the relationship between Central Europe fund current value and its past values and can show if there is a momentum factor associated with investing in Central Europe Russia.
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 Central Fund
Central Europe financial ratios help investors to determine whether Central 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 Central with respect to the benefits of owning Central Europe security.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |