Global E Portfolio Fund Market Value
| MLMCX Fund | USD 20.31 0.09 0.45% |
| Symbol | Global |
Global Core '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 Global Core'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 Global Core.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Global Core on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Global E Portfolio or generate 0.0% return on investment in Global Core over 360 days. Global Core is related to or competes with Morgan Stanley, Growth Portfolio, Virtus Kar, and Blackrock Science. The Adviser seeks to achieve the funds investment objective by investing primarily in U.S More
Global Core 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 Global Core'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 Global E Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8571 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.01 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.33 |
Global Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Core's standard deviation. In reality, there are many statistical measures that can use Global Core historical prices to predict the future Global Core's volatility.| Risk Adjusted Performance | 0.0889 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0966 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Core'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.
Global E Portfolio Backtested Returns
At this stage we consider Global Mutual Fund to be very steady. Global E Portfolio holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global E Portfolio, which you can use to evaluate the volatility of the entity. Please check out Global Core's Downside Deviation of 0.8571, risk adjusted performance of 0.0889, and Market Risk Adjusted Performance of 0.1066 to validate if the risk estimate we provide is consistent with the expected return of 0.0826%. The fund retains a Market Volatility (i.e., Beta) of 0.89, which attests to possible diversification benefits within a given portfolio. Global Core returns are very sensitive to returns on the market. As the market goes up or down, Global Core is expected to follow.
Auto-correlation | 0.59 |
Modest predictability
Global E Portfolio has modest predictability. Overlapping area represents the amount of predictability between Global Core time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Global E Portfolio price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Global Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Global E Portfolio lagged returns against current returns
Autocorrelation, which is Global Core 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 Global Core's mutual fund expected returns. We can calculate the autocorrelation of Global Core returns to help us make a trade decision. For example, suppose you find that Global Core 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 |
Global Core 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 Global Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global Core Lagged Returns
When evaluating Global Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Core mutual fund have on its future price. Global Core 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, Global Core autocorrelation shows the relationship between Global Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global E Portfolio.
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 Global Mutual Fund
Global Core financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Core security.
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