Us Global Leaders Fund Market Value

USLIX Fund  USD 76.07  0.25  0.33%   
Us Global's market value is the price at which a share of Us Global trades on a public exchange. It measures the collective expectations of Us Global Leaders investors about its performance. Us Global is trading at 76.07 as of the 1st of February 2025; that is 0.33 percent decrease since the beginning of the trading day. The fund's open price was 76.32.
With this module, you can estimate the performance of a buy and hold strategy of Us Global Leaders and determine expected loss or profit from investing in Us Global over a given investment horizon. Check out Us Global Correlation, Us Global Volatility and Us Global Alpha and Beta module to complement your research on Us Global.
Symbol

Please note, there is a significant difference between Us Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Us Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Us Global'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.

Us 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 Us 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 Us Global.
0.00
02/07/2024
No Change 0.00  0.0 
In 11 months and 27 days
02/01/2025
0.00
If you would invest  0.00  in Us Global on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Us Global Leaders or generate 0.0% return on investment in Us Global over 360 days. Us Global is related to or competes with Tax-managed, Barings Active, Eip Growth, Qs Us, Federated Emerging, Ab Small, and Vanguard Growth. The fund invests at least 80 percent of the funds net assets will be invested in common stocks of companies the subadvis... More

Us 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 Us 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 Us Global Leaders upside and downside potential and time the market with a certain degree of confidence.

Us Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Us Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us Global's standard deviation. In reality, there are many statistical measures that can use Us Global historical prices to predict the future Us Global's volatility.
Hype
Prediction
LowEstimatedHigh
74.3376.0777.81
Details
Intrinsic
Valuation
LowRealHigh
75.3177.0578.79
Details
Naive
Forecast
LowNextHigh
74.7976.5378.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
66.9777.2287.47
Details

Us Global Leaders Backtested Returns

Us Global Leaders retains Efficiency (Sharpe Ratio) of -0.062, which indicates the fund had a -0.062 % return per unit of price deviation over the last 3 months. Us Global exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Us Global's Risk Adjusted Performance of (0.05), standard deviation of 1.73, and Mean Deviation of 0.8533 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Us Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Us Global is expected to be smaller as well.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Us Global Leaders has modest reverse predictability. Overlapping area represents the amount of predictability between Us Global time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Us Global Leaders price movement. The serial correlation of -0.48 indicates that about 48.0% of current Us Global price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test0.18
Residual Average0.0
Price Variance17.79

Us Global Leaders lagged returns against current returns

Autocorrelation, which is Us 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 Us Global's mutual fund expected returns. We can calculate the autocorrelation of Us Global returns to help us make a trade decision. For example, suppose you find that Us 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  

Us 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 Us Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us 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 Us Global mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Us Global Lagged Returns

When evaluating Us Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us Global mutual fund have on its future price. Us 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, Us Global autocorrelation shows the relationship between Us Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Us Global Leaders.
   Regressed Prices   
       Timeline  

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Other Information on Investing in USLIX Mutual Fund

Us Global financial ratios help investors to determine whether USLIX 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 USLIX with respect to the benefits of owning Us Global security.
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