Eagle Mlp Strategy Fund Market Value
EGLCX Fund | USD 10.71 0.11 1.02% |
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.
01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Eagle Mlp on January 26, 2025 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 Us Government, Alpine Ultra, Vanguard Intermediate-ter, Intermediate-term, John Hancock, Pace Municipal, and T Rowe. The fund seeks to achieve its objective by investing, under normal conditions, at least 80 percent of its assets in ener... 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 | 1.66 | |||
Information Ratio | 0.0487 | |||
Maximum Drawdown | 6.44 | |||
Value At Risk | (2.44) | |||
Potential Upside | 1.9 |
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 | 0.0431 | |||
Jensen Alpha | 0.063 | |||
Total Risk Alpha | 0.0691 | |||
Sortino Ratio | 0.0393 | |||
Treynor Ratio | 0.1093 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle Mlp'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.
Eagle Mlp Strategy Backtested Returns
Eagle Mlp Strategy secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the fund had a close to zero % return per unit of risk over the last 3 months. Eagle Mlp Strategy exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eagle Mlp's Coefficient Of Variation of 1901.8, mean deviation of 1.04, and Downside Deviation of 1.66 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. 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 | 0.10 |
Insignificant predictability
Eagle Mlp Strategy has insignificant predictability. Overlapping area represents the amount of predictability between Eagle Mlp time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 2025. 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 0.1 indicates that less than 10.0% of current Eagle Mlp price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.1 | |
Spearman Rank Test | 0.04 | |
Residual Average | 0.0 | |
Price Variance | 0.02 |
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.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |