Cullen Enhanced Equity Fund Market Value
| ENHCX Fund | USD 11.03 0.03 0.27% |
| Symbol | CULLEN |
Cullen Enhanced '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 Cullen Enhanced'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 Cullen Enhanced.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Cullen Enhanced on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Cullen Enhanced Equity or generate 0.0% return on investment in Cullen Enhanced over 30 days. Cullen Enhanced is related to or competes with Nebraska Municipal, Transamerica Emerging, Bbh Intermediate, Vanguard Emerging, T Rowe, and Versatile Bond. The fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in dividend paying comm... More
Cullen Enhanced 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 Cullen Enhanced'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 Cullen Enhanced Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5223 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.23 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 0.8459 |
Cullen Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cullen Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cullen Enhanced's standard deviation. In reality, there are many statistical measures that can use Cullen Enhanced historical prices to predict the future Cullen Enhanced's volatility.| Risk Adjusted Performance | 0.0768 | |||
| Jensen Alpha | 0.0483 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (2.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cullen Enhanced'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.
Cullen Enhanced Equity Backtested Returns
At this stage we consider CULLEN Mutual Fund to be very steady. Cullen Enhanced Equity secures Sharpe Ratio (or Efficiency) of 0.091, which signifies that the fund had a 0.091% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cullen Enhanced Equity, which you can use to evaluate the volatility of the entity. Please confirm Cullen Enhanced's Risk Adjusted Performance of 0.0768, downside deviation of 0.5223, and Mean Deviation of 0.4173 to double-check if the risk estimate we provide is consistent with the expected return of 0.0481%. The fund shows a Beta (market volatility) of -0.0191, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cullen Enhanced are expected to decrease at a much lower rate. During the bear market, Cullen Enhanced is likely to outperform the market.
Auto-correlation | 0.85 |
Very good predictability
Cullen Enhanced Equity has very good predictability. Overlapping area represents the amount of predictability between Cullen Enhanced time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Cullen Enhanced Equity price movement. The serial correlation of 0.85 indicates that around 85.0% of current Cullen Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Cullen Enhanced Equity lagged returns against current returns
Autocorrelation, which is Cullen Enhanced 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 Cullen Enhanced's mutual fund expected returns. We can calculate the autocorrelation of Cullen Enhanced returns to help us make a trade decision. For example, suppose you find that Cullen Enhanced 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 |
Cullen Enhanced 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 Cullen Enhanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cullen Enhanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cullen Enhanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cullen Enhanced Lagged Returns
When evaluating Cullen Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cullen Enhanced mutual fund have on its future price. Cullen Enhanced 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, Cullen Enhanced autocorrelation shows the relationship between Cullen Enhanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cullen Enhanced Equity.
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 CULLEN Mutual Fund
Cullen Enhanced financial ratios help investors to determine whether CULLEN 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 CULLEN with respect to the benefits of owning Cullen Enhanced security.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |