Leuthold Global Fund Market Value
| GLBLX Fund | USD 8.85 0.20 2.21% |
| Symbol | Leuthold |
Leuthold Global '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 Leuthold Global'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 Leuthold Global.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Leuthold Global on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Leuthold Global Fund or generate 0.0% return on investment in Leuthold Global over 30 days. Leuthold Global is related to or competes with Leuthold Select, Leuthold E, Leuthold E, and Grizzly Short. The fund is a flexible fund which allocates its investments in global developed and emerging markets among the asset cla... More
Leuthold Global 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 Leuthold Global'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 Leuthold Global Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 6.77 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 0.7322 |
Leuthold Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leuthold Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leuthold Global's standard deviation. In reality, there are many statistical measures that can use Leuthold Global historical prices to predict the future Leuthold Global's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.25) |
Leuthold Global Backtested Returns
Leuthold Global has Sharpe Ratio of -0.16, which conveys that the entity had a -0.16% return per unit of risk over the last 3 months. Leuthold Global exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leuthold Global's Risk Adjusted Performance of (0.09), mean deviation of 0.4676, and Standard Deviation of 0.8752 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Leuthold Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leuthold Global is expected to be smaller as well.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Leuthold Global Fund has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Leuthold Global time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Leuthold Global price movement. The serial correlation of -0.78 indicates that around 78.0% of current Leuthold Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Leuthold Global lagged returns against current returns
Autocorrelation, which is Leuthold Global 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 Leuthold Global's mutual fund expected returns. We can calculate the autocorrelation of Leuthold Global returns to help us make a trade decision. For example, suppose you find that Leuthold Global 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 |
Leuthold Global 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 Leuthold Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leuthold Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leuthold Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Leuthold Global Lagged Returns
When evaluating Leuthold Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leuthold Global mutual fund have on its future price. Leuthold Global 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, Leuthold Global autocorrelation shows the relationship between Leuthold Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Leuthold Global 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 Leuthold Mutual Fund
Leuthold Global financial ratios help investors to determine whether Leuthold 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 Leuthold with respect to the benefits of owning Leuthold Global security.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Stocks Directory Find actively traded stocks across global markets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |