Global Social Awareness Fund Market Value
| VCSOX Fund | USD 24.89 0.16 0.65% |
| Symbol | Global |
Global Social '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 Global Social'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 Global Social.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Global Social on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Global Social Awareness or generate 0.0% return on investment in Global Social over 30 days. Global Social is related to or competes with Rational/pier, Columbia Convertible, Putnam Convertible, Fidelity Sai, Harbor Convertible, and Gabelli Convertible. The fund will invest at least 80 percent of net assets in the equity securities of companies that meet the funds social criteria located in at least three different countries, with at least 40 percent of net assets in foreign securities, or if conditions are unfavorable, at least 30 percent of net assets in foreign securities. More
Global Social 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 Global Social'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 Global Social Awareness upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 4.03 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.04 |
Global Social Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Social's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Social's standard deviation. In reality, there are many statistical measures that can use Global Social historical prices to predict the future Global Social's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.22) |
Global Social Awareness Backtested Returns
Global Social Awareness holds Efficiency (Sharpe) Ratio of -0.0895, which attests that the entity had a -0.0895% return per unit of risk over the last 3 months. Global Social Awareness exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Social's Risk Adjusted Performance of (0.08), market risk adjusted performance of (0.21), and Standard Deviation of 0.8385 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Social's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Social is expected to be smaller as well.
Auto-correlation | -0.65 |
Very good reverse predictability
Global Social Awareness has very good reverse predictability. Overlapping area represents the amount of predictability between Global Social time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Global Social Awareness price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Global Social price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Global Social Awareness lagged returns against current returns
Autocorrelation, which is Global Social 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 Global Social's mutual fund expected returns. We can calculate the autocorrelation of Global Social returns to help us make a trade decision. For example, suppose you find that Global Social 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 |
Global Social 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 Global Social mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Social mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Social mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global Social Lagged Returns
When evaluating Global Social's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Social mutual fund have on its future price. Global Social 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, Global Social autocorrelation shows the relationship between Global Social mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global Social Awareness.
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 Global Mutual Fund
Global Social financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Social security.
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