Templeton World Fund Market Value
| TWDAX Fund | USD 17.96 0.08 0.44% |
| Symbol | Templeton |
Templeton World '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 World'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 World.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Templeton World on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Templeton World Fund or generate 0.0% return on investment in Templeton World over 180 days. Templeton World is related to or competes with Jhancock Diversified, Evaluator Conservative, American Funds, Guggenheim Diversified, Calvert Conservative, and Massmutual Select. The fund invests predominantly in the equity securities of companies located anywhere in the world, including developing... More
Templeton World 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 World'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 World Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9113 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.98 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.36 |
Templeton World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Templeton World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Templeton World's standard deviation. In reality, there are many statistical measures that can use Templeton World historical prices to predict the future Templeton World's volatility.| Risk Adjusted Performance | 0.0429 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.041 |
Templeton World Backtested Returns
At this stage we consider Templeton Mutual Fund to be very steady. Templeton World owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0522, which indicates the fund had a 0.0522% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Templeton World Fund, which you can use to evaluate the volatility of the fund. Please validate Templeton World's Coefficient Of Variation of 1807.5, semi deviation of 0.8373, and Risk Adjusted Performance of 0.0429 to confirm if the risk estimate we provide is consistent with the expected return of 0.043%. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. Templeton World returns are very sensitive to returns on the market. As the market goes up or down, Templeton World is expected to follow.
Auto-correlation | 0.14 |
Insignificant predictability
Templeton World Fund has insignificant predictability. Overlapping area represents the amount of predictability between Templeton World 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 World price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Templeton World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Templeton World lagged returns against current returns
Autocorrelation, which is Templeton World 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 World's mutual fund expected returns. We can calculate the autocorrelation of Templeton World returns to help us make a trade decision. For example, suppose you find that Templeton World 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 World 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 World mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Templeton World 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 World mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Templeton World Lagged Returns
When evaluating Templeton World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Templeton World mutual fund have on its future price. Templeton World 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 World autocorrelation shows the relationship between Templeton World mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Templeton World Fund.
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 World 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 World security.
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