Cullen International High Fund Market Value
| CIHCX Fund | USD 10.99 0.07 0.63% |
| Symbol | Cullen |
Cullen International '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 Cullen International'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 Cullen International.
| 05/16/2024 |
| 12/12/2024 |
If you would invest 0.00 in Cullen International on May 16, 2024 and sell it all today you would earn a total of 0.00 from holding Cullen International High or generate 0.0% return on investment in Cullen International over 210 days. The fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in high dividend paying... More
Cullen International 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 Cullen International'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 Cullen International High upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 2.95 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.07 |
Cullen International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cullen International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cullen International's standard deviation. In reality, there are many statistical measures that can use Cullen International historical prices to predict the future Cullen International's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cullen International'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.
Cullen International High Backtested Returns
Cullen International High secures Sharpe Ratio (or Efficiency) of -0.0814, which signifies that the fund had a -0.0814% return per unit of risk over the last 3 months. Cullen International High exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cullen International's Mean Deviation of 0.505, risk adjusted performance of (0.03), and Standard Deviation of 0.6395 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cullen International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cullen International is expected to be smaller as well.
Auto-correlation | -0.05 |
Very weak reverse predictability
Cullen International High has very weak reverse predictability. Overlapping area represents the amount of predictability between Cullen International time series from 16th of May 2024 to 29th of August 2024 and 29th of August 2024 to 12th 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 Cullen International High price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Cullen International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Cullen International High lagged returns against current returns
Autocorrelation, which is Cullen International 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 Cullen International's mutual fund expected returns. We can calculate the autocorrelation of Cullen International returns to help us make a trade decision. For example, suppose you find that Cullen International 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 |
Cullen International 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 Cullen International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cullen International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cullen International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cullen International Lagged Returns
When evaluating Cullen International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cullen International mutual fund have on its future price. Cullen International 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, Cullen International autocorrelation shows the relationship between Cullen International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cullen International High.
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 Cullen Mutual Fund
Cullen International financial ratios help investors to determine whether Cullen 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 Cullen with respect to the benefits of owning Cullen International security.
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