Clough Global Allocation Fund Market Value
| GLV Fund | USD 5.51 0.03 0.54% |
| Symbol | Clough |
Clough Global '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 Clough Global'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 Clough Global.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Clough Global on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Clough Global Allocation or generate 0.0% return on investment in Clough Global over 30 days. Clough Global is related to or competes with Clough Global, Voya Asia, Allianzgi Convertible, Nuveen Municipal, Putnam High, Virtus Dividend, and MFS Investment. Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Par... More
Clough Global 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 Clough Global'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 Clough Global Allocation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.49 |
Clough Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clough Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clough Global's standard deviation. In reality, there are many statistical measures that can use Clough Global historical prices to predict the future Clough Global's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.16) |
Clough Global Allocation Backtested Returns
Clough Global Allocation secures Sharpe Ratio (or Efficiency) of -0.0104, which signifies that the fund had a -0.0104 % return per unit of risk over the last 3 months. Clough Global Allocation exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clough Global's Mean Deviation of 0.6614, risk adjusted performance of (0.03), and Standard Deviation of 0.9189 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clough Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clough Global is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Clough Global Allocation has insignificant reverse predictability. Overlapping area represents the amount of predictability between Clough Global time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Clough Global Allocation price movement. The serial correlation of -0.18 indicates that over 18.0% of current Clough Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Clough Global Allocation lagged returns against current returns
Autocorrelation, which is Clough Global 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 Clough Global's fund expected returns. We can calculate the autocorrelation of Clough Global returns to help us make a trade decision. For example, suppose you find that Clough Global 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 |
Clough Global 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 Clough Global fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clough Global fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clough Global fund over time.
Current vs Lagged Prices |
| Timeline |
Clough Global Lagged Returns
When evaluating Clough Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clough Global fund have on its future price. Clough Global 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, Clough Global autocorrelation shows the relationship between Clough Global fund current value and its past values and can show if there is a momentum factor associated with investing in Clough Global Allocation.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Clough Fund
Clough Global financial ratios help investors to determine whether Clough 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 Clough with respect to the benefits of owning Clough Global security.
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