Rwc Global Emerging Fund Market Value
| RWCEX Fund | USD 11.20 0.08 0.71% |
| Symbol | Rwc |
Rwc 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 Rwc Global'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 Rwc Global.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Rwc Global on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Rwc Global Emerging or generate 0.0% return on investment in Rwc Global over 90 days. Rwc Global is related to or competes with Jhancock Diversified, Massmutual Premier, Wasatch Small, and Pimco Diversified. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securitie... More
Rwc 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 Rwc Global'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 Rwc Global Emerging upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.83 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.37 |
Rwc Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rwc Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rwc Global's standard deviation. In reality, there are many statistical measures that can use Rwc Global historical prices to predict the future Rwc Global's volatility.| Risk Adjusted Performance | 0.0601 | |||
| Jensen Alpha | 0.1038 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rwc Global'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.
Rwc Global Emerging Backtested Returns
At this stage we consider Rwc Mutual Fund to be not too volatile. Rwc Global Emerging maintains Sharpe Ratio (i.e., Efficiency) of 0.069, which implies the entity had a 0.069% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rwc Global Emerging, which you can use to evaluate the volatility of the fund. Please check Rwc Global's Risk Adjusted Performance of 0.0601, semi deviation of 1.27, and Coefficient Of Variation of 1303.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0954%. The fund holds a Beta of -0.0853, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rwc Global are expected to decrease at a much lower rate. During the bear market, Rwc Global is likely to outperform the market.
Auto-correlation | -0.7 |
Very good reverse predictability
Rwc Global Emerging has very good reverse predictability. Overlapping area represents the amount of predictability between Rwc Global time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Rwc Global Emerging price movement. The serial correlation of -0.7 indicates that around 70.0% of current Rwc Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Rwc Global Emerging lagged returns against current returns
Autocorrelation, which is Rwc Global 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 Rwc Global's mutual fund expected returns. We can calculate the autocorrelation of Rwc Global returns to help us make a trade decision. For example, suppose you find that Rwc Global 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 |
Rwc 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 Rwc Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rwc Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rwc Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rwc Global Lagged Returns
When evaluating Rwc Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rwc Global mutual fund have on its future price. Rwc 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, Rwc Global autocorrelation shows the relationship between Rwc Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rwc Global Emerging.
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 Rwc Mutual Fund
Rwc Global financial ratios help investors to determine whether Rwc 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 Rwc with respect to the benefits of owning Rwc Global security.
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