Global E Portfolio Fund Market Value
| MLMCX Fund | USD 20.40 0.02 0.1% |
| Symbol | Global |
Global E '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 E'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 E.
| 10/14/2024 |
| 11/13/2024 |
If you would invest 0.00 in Global E on October 14, 2024 and sell it all today you would earn a total of 0.00 from holding Global E Portfolio or generate 0.0% return on investment in Global E over 30 days. Global E is related to or competes with Alpine High, Gmo High, Dunham High, Pioneer High, American Century, and Msift High. The Adviser seeks to achieve the funds investment objective by investing primarily in U.S More
Global E 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 E'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 E Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8649 | |||
| Information Ratio | 0.0138 | |||
| Maximum Drawdown | 4.13 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.6 |
Global E Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global E's standard deviation. In reality, there are many statistical measures that can use Global E historical prices to predict the future Global E's volatility.| Risk Adjusted Performance | 0.1609 | |||
| Jensen Alpha | 0.1818 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0139 | |||
| Treynor Ratio | (2.51) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global E'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 E Portfolio Backtested Returns
At this stage we consider Global Mutual Fund to be very steady. Global E Portfolio holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global E Portfolio, which you can use to evaluate the volatility of the entity. Please check out Global E's Risk Adjusted Performance of 0.1609, market risk adjusted performance of (2.50), and Downside Deviation of 0.8649 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The fund retains a Market Volatility (i.e., Beta) of -0.0681, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global E are expected to decrease at a much lower rate. During the bear market, Global E is likely to outperform the market.
Auto-correlation | -0.5 |
Modest reverse predictability
Global E Portfolio has modest reverse predictability. Overlapping area represents the amount of predictability between Global E time series from 14th of October 2024 to 29th of October 2024 and 29th of October 2024 to 13th 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 E Portfolio price movement. The serial correlation of -0.5 indicates that about 50.0% of current Global E price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Global E Portfolio lagged returns against current returns
Autocorrelation, which is Global E 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 E's mutual fund expected returns. We can calculate the autocorrelation of Global E returns to help us make a trade decision. For example, suppose you find that Global E 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 E 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 E mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global E 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 E mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global E Lagged Returns
When evaluating Global E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global E mutual fund have on its future price. Global E 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 E autocorrelation shows the relationship between Global E mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global E Portfolio.
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 E 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 E security.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |