Brandywineglobal Fixed Etf Market Value
| USFI Etf | 24.83 0.11 0.44% |
| Symbol | BrandywineGLOBAL |
The market value of BrandywineGLOBAL Fixed is measured differently than its book value, which is the value of BrandywineGLOBAL that is recorded on the company's balance sheet. Investors also form their own opinion of BrandywineGLOBAL's value that differs from its market value or its book value, called intrinsic value, which is BrandywineGLOBAL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BrandywineGLOBAL's market value can be influenced by many factors that don't directly affect BrandywineGLOBAL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BrandywineGLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if BrandywineGLOBAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BrandywineGLOBAL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BrandywineGLOBAL '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 BrandywineGLOBAL's etf 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 BrandywineGLOBAL.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in BrandywineGLOBAL on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding BrandywineGLOBAL Fixed or generate 0.0% return on investment in BrandywineGLOBAL over 660 days. BrandywineGLOBAL is related to or competes with Valued Advisers, Columbia Diversified, Principal Exchange, Doubleline Etf, Virtus Newfleet, Vident Core, and PIMCO Enhanced. BrandywineGLOBAL is entity of United States More
BrandywineGLOBAL 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 BrandywineGLOBAL's etf 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 BrandywineGLOBAL Fixed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 1.82 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.7194 |
BrandywineGLOBAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BrandywineGLOBAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BrandywineGLOBAL's standard deviation. In reality, there are many statistical measures that can use BrandywineGLOBAL historical prices to predict the future BrandywineGLOBAL's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.1879 |
BrandywineGLOBAL Fixed Backtested Returns
BrandywineGLOBAL Fixed secures Sharpe Ratio (or Efficiency) of -0.0304, which signifies that the etf had a -0.0304% return per unit of standard deviation over the last 3 months. BrandywineGLOBAL Fixed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BrandywineGLOBAL's mean deviation of 0.2877, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BrandywineGLOBAL are expected to decrease at a much lower rate. During the bear market, BrandywineGLOBAL is likely to outperform the market.
Auto-correlation | 0.65 |
Good predictability
BrandywineGLOBAL Fixed has good predictability. Overlapping area represents the amount of predictability between BrandywineGLOBAL time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th 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 BrandywineGLOBAL Fixed price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current BrandywineGLOBAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
BrandywineGLOBAL Fixed lagged returns against current returns
Autocorrelation, which is BrandywineGLOBAL etf'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 BrandywineGLOBAL's etf expected returns. We can calculate the autocorrelation of BrandywineGLOBAL returns to help us make a trade decision. For example, suppose you find that BrandywineGLOBAL has exhibited high autocorrelation historically, and you observe that the etf 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 |
BrandywineGLOBAL 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 BrandywineGLOBAL etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BrandywineGLOBAL etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BrandywineGLOBAL etf over time.
Current vs Lagged Prices |
| Timeline |
BrandywineGLOBAL Lagged Returns
When evaluating BrandywineGLOBAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BrandywineGLOBAL etf have on its future price. BrandywineGLOBAL 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, BrandywineGLOBAL autocorrelation shows the relationship between BrandywineGLOBAL etf current value and its past values and can show if there is a momentum factor associated with investing in BrandywineGLOBAL Fixed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether BrandywineGLOBAL Fixed offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BrandywineGLOBAL's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brandywineglobal Fixed Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Brandywineglobal Fixed Etf:Check out BrandywineGLOBAL Correlation, BrandywineGLOBAL Volatility and BrandywineGLOBAL Alpha and Beta module to complement your research on BrandywineGLOBAL. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
BrandywineGLOBAL technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.