Gqg Partners Quality Fund Market Value
| GQHPX Fund | USD 13.47 0.10 0.75% |
| Symbol | Gqg |
Gqg Partners '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 Gqg Partners' 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 Gqg Partners.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Gqg Partners on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Gqg Partners Quality or generate 0.0% return on investment in Gqg Partners over 180 days. Gqg Partners is related to or competes with Gqg Partners, Gqg Partners, Gqg Partners, Gqg Partners, Gqg Partners, Gqg Partners, and Gqg Partners. The fund will invest primarily in dividend-paying securities of U.S More
Gqg Partners 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 Gqg Partners' 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 Gqg Partners Quality upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5441 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 1.75 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.7576 |
Gqg Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gqg Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gqg Partners' standard deviation. In reality, there are many statistical measures that can use Gqg Partners historical prices to predict the future Gqg Partners' volatility.| Risk Adjusted Performance | 0.0544 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.1019 |
Gqg Partners Quality Backtested Returns
At this stage we consider Gqg Mutual Fund to be very steady. Gqg Partners Quality holds Efficiency (Sharpe) Ratio of 0.0798, which attests that the entity had a 0.0798% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gqg Partners Quality, which you can use to evaluate the volatility of the entity. Please check out Gqg Partners' Downside Deviation of 0.5441, risk adjusted performance of 0.0544, and Market Risk Adjusted Performance of 0.1119 to validate if the risk estimate we provide is consistent with the expected return of 0.0394%. The fund retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gqg Partners' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gqg Partners is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Gqg Partners Quality has below average predictability. Overlapping area represents the amount of predictability between Gqg Partners time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Gqg Partners Quality price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Gqg Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Gqg Partners Quality lagged returns against current returns
Autocorrelation, which is Gqg Partners 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 Gqg Partners' mutual fund expected returns. We can calculate the autocorrelation of Gqg Partners returns to help us make a trade decision. For example, suppose you find that Gqg Partners 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 |
Gqg Partners 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 Gqg Partners mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gqg Partners mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gqg Partners mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gqg Partners Lagged Returns
When evaluating Gqg Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gqg Partners mutual fund have on its future price. Gqg Partners 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, Gqg Partners autocorrelation shows the relationship between Gqg Partners mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gqg Partners Quality.
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 Gqg Mutual Fund
Gqg Partners financial ratios help investors to determine whether Gqg 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 Gqg with respect to the benefits of owning Gqg Partners security.
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