Brandywineglobal Dynamic Etf Market Value
| DVAL Etf | USD 15.01 0.09 0.60% |
| Symbol | BrandywineGLOBAL |
The market value of BrandywineGLOBAL D is measured differently than its book value, which is the value of BrandywineGLOBAL that is recorded on the company's balance sheet. Investors also form their own opinion of BrandywineGLOBAL's value that differs from its market value or its book value, called intrinsic value, which is BrandywineGLOBAL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BrandywineGLOBAL's market value can be influenced by many factors that don't directly affect BrandywineGLOBAL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BrandywineGLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if BrandywineGLOBAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BrandywineGLOBAL'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.
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 etf 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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in BrandywineGLOBAL on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding BrandywineGLOBAL Dynamic or generate 0.0% return on investment in BrandywineGLOBAL over 30 days. BrandywineGLOBAL is related to or competes with BlackRock ETF, Rbb Fund, Virtus ETF, and Amplify CWP. The fund will only invest in U.S. traded companies, which may include companies incorporated outside the U.S 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 etf 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 Dynamic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6492 | |||
| Information Ratio | 0.0159 | |||
| Maximum Drawdown | 4.56 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.22 |
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 | 0.1362 | |||
| Jensen Alpha | 0.017 | |||
| Total Risk Alpha | 0.0057 | |||
| Sortino Ratio | 0.0199 | |||
| Treynor Ratio | 0.1384 |
BrandywineGLOBAL D Backtested Returns
As of now, BrandywineGLOBAL Etf is very steady. BrandywineGLOBAL D secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the etf had a 0.15% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for BrandywineGLOBAL Dynamic, which you can use to evaluate the volatility of the entity. Please confirm BrandywineGLOBAL's mean deviation of 0.5963, and Risk Adjusted Performance of 0.1362 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The etf shows a Beta (market volatility) of 0.97, which signifies possible diversification benefits within a given portfolio. BrandywineGLOBAL returns are very sensitive to returns on the market. As the market goes up or down, BrandywineGLOBAL is expected to follow.
Auto-correlation | 0.65 |
Good predictability
BrandywineGLOBAL Dynamic has good predictability. Overlapping area represents the amount of predictability between BrandywineGLOBAL time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 D price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current BrandywineGLOBAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
BrandywineGLOBAL D lagged returns against current returns
Autocorrelation, which is BrandywineGLOBAL etf'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 etf 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 etf 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 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BrandywineGLOBAL etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BrandywineGLOBAL etf 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 etf 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 etf current value and its past values and can show if there is a momentum factor associated with investing in BrandywineGLOBAL Dynamic.
Regressed Prices |
| Timeline |
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BrandywineGLOBAL technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.