Global Centrated Portfolio Fund Market Value
| MLNAX Fund | USD 24.15 0.13 0.54% |
| Symbol | Global |
Global Concentrated '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 Concentrated'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 Concentrated.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Global Concentrated on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Global Centrated Portfolio or generate 0.0% return on investment in Global Concentrated over 300 days. Global Concentrated 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 Concentrated 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 Concentrated'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 Centrated Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8854 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.42 |
Global Concentrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Concentrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Concentrated's standard deviation. In reality, there are many statistical measures that can use Global Concentrated historical prices to predict the future Global Concentrated's volatility.| Risk Adjusted Performance | 0.0959 | |||
| Jensen Alpha | 0.1009 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 6.31 |
Global Centrated Por Backtested Returns
At this stage we consider Global Mutual Fund to be very steady. Global Centrated Por holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Global Centrated Por, which you can use to evaluate the volatility of the entity. Please check out Global Concentrated's Downside Deviation of 0.8854, risk adjusted performance of 0.0959, and Market Risk Adjusted Performance of 6.32 to validate if the risk estimate we provide is consistent with the expected return of 0.0989%. The fund retains a Market Volatility (i.e., Beta) of 0.0163, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Global Concentrated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Concentrated is expected to be smaller as well.
Auto-correlation | 0.56 |
Modest predictability
Global Centrated Portfolio has modest predictability. Overlapping area represents the amount of predictability between Global Concentrated time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Centrated Por price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Global Concentrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
Global Centrated Por lagged returns against current returns
Autocorrelation, which is Global Concentrated 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 Concentrated's mutual fund expected returns. We can calculate the autocorrelation of Global Concentrated returns to help us make a trade decision. For example, suppose you find that Global Concentrated 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 Concentrated 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 Concentrated mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Concentrated 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 Concentrated mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global Concentrated Lagged Returns
When evaluating Global Concentrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Concentrated mutual fund have on its future price. Global Concentrated 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 Concentrated autocorrelation shows the relationship between Global Concentrated mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global Centrated 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 Concentrated 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 Concentrated security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |