The Emerging Markets Fund Market Value
| HCEMX Fund | USD 18.67 0.05 0.27% |
| Symbol | The |
Please note, there is a significant difference between The Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if The Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The Emerging'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.
The Emerging '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 The Emerging'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 The Emerging.
| 10/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in The Emerging on October 3, 2024 and sell it all today you would earn a total of 0.00 from holding The Emerging Markets or generate 0.0% return on investment in The Emerging over 60 days. The Emerging is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. The Emerging is entity of United States. It is traded as Fund on NMFQS exchange. More
The Emerging 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 The Emerging'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 The Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.7 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.83 |
The Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Emerging's standard deviation. In reality, there are many statistical measures that can use The Emerging historical prices to predict the future The Emerging's volatility.| Risk Adjusted Performance | 0.0041 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.03) |
Emerging Markets Backtested Returns
At this stage we consider The Mutual Fund to be very steady. Emerging Markets owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0255, which indicates the fund had a 0.0255% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for The Emerging Markets, which you can use to evaluate the volatility of the fund. Please validate The Emerging's Semi Deviation of 0.9057, coefficient of variation of 41670.33, and Risk Adjusted Performance of 0.0041 to confirm if the risk estimate we provide is consistent with the expected return of 0.0249%. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, the Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding the Emerging is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
The Emerging Markets has good predictability. Overlapping area represents the amount of predictability between The Emerging time series from 3rd of October 2024 to 2nd of November 2024 and 2nd of November 2024 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 Emerging Markets price movement. The serial correlation of 0.78 indicates that around 78.0% of current The Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Emerging Markets lagged returns against current returns
Autocorrelation, which is The Emerging 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 The Emerging's mutual fund expected returns. We can calculate the autocorrelation of The Emerging returns to help us make a trade decision. For example, suppose you find that The Emerging 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 |
The Emerging 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 The Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Emerging Lagged Returns
When evaluating The Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Emerging mutual fund have on its future price. The Emerging 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, The Emerging autocorrelation shows the relationship between The Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Emerging Markets.
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 The Mutual Fund
The Emerging financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Emerging security.
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