BGF Euro (Germany) Market Value

ERD8 Fund  EUR 43.37  0.43  0.98%   
BGF Euro's market value is the price at which a share of BGF Euro trades on a public exchange. It measures the collective expectations of BGF Euro Markets investors about its performance. BGF Euro is trading at 43.37 as of the 2nd of December 2024, a 0.98% down since the beginning of the trading day. The fund's lowest day price was 43.37.
With this module, you can estimate the performance of a buy and hold strategy of BGF Euro Markets and determine expected loss or profit from investing in BGF Euro over a given investment horizon. Check out BGF Euro Correlation, BGF Euro Volatility and BGF Euro Alpha and Beta module to complement your research on BGF Euro.
Symbol

Please note, there is a significant difference between BGF Euro's value and its price as these two are different measures arrived at by different means. Investors typically determine if BGF Euro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BGF Euro'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.

BGF Euro '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 BGF Euro'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 BGF Euro.
0.00
12/13/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/02/2024
0.00
If you would invest  0.00  in BGF Euro on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding BGF Euro Markets or generate 0.0% return on investment in BGF Euro over 720 days. BGF Euro is related to or competes with Groupama Entreprises, Renaissance Europe, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. More

BGF Euro 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 BGF Euro'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 BGF Euro Markets upside and downside potential and time the market with a certain degree of confidence.

BGF Euro Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BGF Euro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BGF Euro's standard deviation. In reality, there are many statistical measures that can use BGF Euro historical prices to predict the future BGF Euro's volatility.
Hype
Prediction
LowEstimatedHigh
42.2443.3744.50
Details
Intrinsic
Valuation
LowRealHigh
42.4143.5444.67
Details
Naive
Forecast
LowNextHigh
42.2643.3944.52
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
43.0244.1945.35
Details

BGF Euro Markets Backtested Returns

BGF Euro Markets secures Sharpe Ratio (or Efficiency) of -0.0412, which signifies that the fund had a -0.0412% return per unit of risk over the last 3 months. BGF Euro Markets exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BGF Euro's Standard Deviation of 1.12, mean deviation of 0.8656, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BGF Euro's returns are expected to increase less than the market. However, during the bear market, the loss of holding BGF Euro is expected to be smaller as well.

Auto-correlation

    
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No correlation between past and present

BGF Euro Markets has no correlation between past and present. Overlapping area represents the amount of predictability between BGF Euro time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 BGF Euro Markets price movement. The serial correlation of 0.0 indicates that just 0.0% of current BGF Euro price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

BGF Euro Markets lagged returns against current returns

Autocorrelation, which is BGF Euro 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 BGF Euro's fund expected returns. We can calculate the autocorrelation of BGF Euro returns to help us make a trade decision. For example, suppose you find that BGF Euro 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  

BGF Euro 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 BGF Euro fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BGF Euro fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BGF Euro fund over time.
   Current vs Lagged Prices   
       Timeline  

BGF Euro Lagged Returns

When evaluating BGF Euro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BGF Euro fund have on its future price. BGF Euro 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, BGF Euro autocorrelation shows the relationship between BGF Euro fund current value and its past values and can show if there is a momentum factor associated with investing in BGF Euro Markets.
   Regressed Prices   
       Timeline  

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Other Information on Investing in BGF Fund

BGF Euro financial ratios help investors to determine whether BGF 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 BGF with respect to the benefits of owning BGF Euro security.
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