The Eafe Fund Market Value
| BGESX Fund | USD 14.06 0.10 0.72% |
| Symbol | Eafe |
Eafe Fund '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 Eafe Fund'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 Eafe Fund.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Eafe Fund on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding The Eafe Fund or generate 0.0% return on investment in Eafe Fund over 720 days. Eafe Fund is related to or competes with Goldman Sachs, Limited Term, Barings Active, Federated Short-term, Jhancock Short, and Vanguard Institutional. The fund invests in a diversified, international portfolio of common stocks and other equity securities of issuers locat... More
Eafe Fund 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 Eafe Fund'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 The Eafe Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.65 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.55 |
Eafe Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eafe Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eafe Fund's standard deviation. In reality, there are many statistical measures that can use Eafe Fund historical prices to predict the future Eafe Fund's volatility.| Risk Adjusted Performance | 0.0505 | |||
| Jensen Alpha | 0.0691 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eafe Fund'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.
Eafe Fund Backtested Returns
At this stage we consider Eafe Mutual Fund to be very steady. Eafe Fund secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Eafe Fund, which you can use to evaluate the volatility of the entity. Please confirm Eafe Fund's Risk Adjusted Performance of 0.0505, semi deviation of 1.07, and Downside Deviation of 1.24 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of -0.0994, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eafe Fund are expected to decrease at a much lower rate. During the bear market, Eafe Fund is likely to outperform the market.
Auto-correlation | -0.41 |
Modest reverse predictability
The Eafe Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Eafe Fund time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th of December 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 Eafe Fund price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Eafe Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
Eafe Fund lagged returns against current returns
Autocorrelation, which is Eafe Fund 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 Eafe Fund's mutual fund expected returns. We can calculate the autocorrelation of Eafe Fund returns to help us make a trade decision. For example, suppose you find that Eafe Fund 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 |
Eafe Fund 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 Eafe Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eafe Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eafe Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Eafe Fund Lagged Returns
When evaluating Eafe Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eafe Fund mutual fund have on its future price. Eafe Fund 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, Eafe Fund autocorrelation shows the relationship between Eafe Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Eafe Fund.
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 Eafe Mutual Fund
Eafe Fund financial ratios help investors to determine whether Eafe 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 Eafe with respect to the benefits of owning Eafe Fund security.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |