Eagle Mlp Strategy Fund Market Value
| EGLAX Fund | USD 11.07 0.03 0.27% |
| Symbol | Eagle |
Eagle Mlp '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 Eagle Mlp's mutual 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 Eagle Mlp.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Eagle Mlp on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Eagle Mlp Strategy or generate 0.0% return on investment in Eagle Mlp over 30 days. Eagle Mlp is related to or competes with Angel Oak, Black Oak, Investec Emerging, Pnc Emerging, Transamerica Emerging, and Artisan Emerging. The investment seeks total return from income and capital appreciation More
Eagle Mlp 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 Eagle Mlp's mutual 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 Eagle Mlp Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7722 | |||
| Information Ratio | 0.1625 | |||
| Maximum Drawdown | 4.06 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 1.75 |
Eagle Mlp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Mlp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Mlp's standard deviation. In reality, there are many statistical measures that can use Eagle Mlp historical prices to predict the future Eagle Mlp's volatility.| Risk Adjusted Performance | 0.2411 | |||
| Jensen Alpha | 0.2391 | |||
| Total Risk Alpha | 0.1251 | |||
| Sortino Ratio | 0.183 | |||
| Treynor Ratio | 1.37 |
Eagle Mlp Strategy Backtested Returns
Eagle Mlp appears to be very steady, given 3 months investment horizon. Eagle Mlp Strategy secures Sharpe Ratio (or Efficiency) of 0.31, which denotes the fund had a 0.31% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eagle Mlp Strategy, which you can use to evaluate the volatility of the entity. Please utilize Eagle Mlp's Downside Deviation of 0.7722, coefficient of variation of 319.67, and Mean Deviation of 0.6732 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, Eagle Mlp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eagle Mlp is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Eagle Mlp Strategy has excellent predictability. Overlapping area represents the amount of predictability between Eagle Mlp time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Eagle Mlp Strategy price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Eagle Mlp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Eagle Mlp Strategy lagged returns against current returns
Autocorrelation, which is Eagle Mlp mutual 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 Eagle Mlp's mutual fund expected returns. We can calculate the autocorrelation of Eagle Mlp returns to help us make a trade decision. For example, suppose you find that Eagle Mlp has exhibited high autocorrelation historically, and you observe that the mutual 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 |
Eagle Mlp 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 Eagle Mlp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eagle Mlp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eagle Mlp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Eagle Mlp Lagged Returns
When evaluating Eagle Mlp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eagle Mlp mutual fund have on its future price. Eagle Mlp 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, Eagle Mlp autocorrelation shows the relationship between Eagle Mlp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Eagle Mlp Strategy.
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 Eagle Mutual Fund
Eagle Mlp financial ratios help investors to determine whether Eagle Mutual 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 Eagle with respect to the benefits of owning Eagle Mlp security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
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