Global Social Awareness Fund Market Value
| VCSOX Fund | USD 24.16 0.05 0.21% |
| 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.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Global Social on March 26, 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 Vanguard Total, Vanguard Developed, and Fidelity International. 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.
| Downside Deviation | 0.644 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.94 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.21 |
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 | 0.0662 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0712 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Social's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Global Social Awareness Backtested Returns
We consider Global Social very steady. Global Social Awareness holds Efficiency (Sharpe) Ratio of 0.0791, which attests that the entity had a 0.0791% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global Social Awareness, which you can use to evaluate the volatility of the entity. Please check out Global Social's Market Risk Adjusted Performance of 0.0812, downside deviation of 0.644, and Risk Adjusted Performance of 0.0662 to validate if the risk estimate we provide is consistent with the expected return of 0.053%. The fund retains a Market Volatility (i.e., Beta) of 0.84, 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 | 0.49 |
Average predictability
Global Social Awareness has average predictability. Overlapping area represents the amount of predictability between Global Social time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 0.49 indicates that about 49.0% of current Global Social price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
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.Check out Global Social Correlation, Global Social Volatility and Global Social Alpha and Beta module to complement your research on Global Social. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Global Social technical mutual fund 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, fund market cycles, or different charting patterns.