Templeton Global Bond Fund Market Value
| TPINX Fund | USD 6.85 0.04 0.59% |
| Symbol | TEMPLETON |
Templeton 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 Templeton 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 Templeton Global.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Templeton Global on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Templeton Global Bond or generate 0.0% return on investment in Templeton Global over 180 days. Templeton Global is related to or competes with Small Pany, Ab Small, Vanguard Strategic, Artisan Small, Chartwell Small, Ancora/thelen Small-mid, and Small Cap. Under normal market conditions, the fund invests at least 80 percent of its net assets in bonds More
Templeton 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 Templeton 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 Templeton Global Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 2.62 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.8163 |
Templeton Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Templeton Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Templeton Global's standard deviation. In reality, there are many statistical measures that can use Templeton Global historical prices to predict the future Templeton Global's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 2.38 |
Templeton Global Bond Backtested Returns
Templeton Global Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the fund had a -0.17% return per unit of risk over the last 3 months. Templeton Global Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Templeton Global's Risk Adjusted Performance of (0.16), variance of 0.3102, and Coefficient Of Variation of (488.45) to confirm the risk estimate we provide. The entity has a beta of -0.0521, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Templeton Global are expected to decrease at a much lower rate. During the bear market, Templeton Global is likely to outperform the market.
Auto-correlation | -0.86 |
Excellent reverse predictability
Templeton Global Bond has excellent reverse predictability. Overlapping area represents the amount of predictability between Templeton Global 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 Templeton Global Bond price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Templeton Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Templeton Global Bond lagged returns against current returns
Autocorrelation, which is Templeton 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 Templeton Global's mutual fund expected returns. We can calculate the autocorrelation of Templeton Global returns to help us make a trade decision. For example, suppose you find that Templeton 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 |
Templeton 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 Templeton Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Templeton 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 Templeton Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Templeton Global Lagged Returns
When evaluating Templeton Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Templeton Global mutual fund have on its future price. Templeton 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, Templeton Global autocorrelation shows the relationship between Templeton Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Templeton Global Bond.
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 TEMPLETON Mutual Fund
Templeton Global financial ratios help investors to determine whether TEMPLETON 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 TEMPLETON with respect to the benefits of owning Templeton Global security.
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