Henderson Emerging Markets Fund Market Value

HEMIX Fund  USD 9.40  0.07  0.75%   
Henderson Emerging's market value is the price at which a share of Henderson Emerging trades on a public exchange. It measures the collective expectations of Henderson Emerging Markets investors about its performance. Henderson Emerging is trading at 9.40 as of the 24th of December 2024; that is 0.75 percent increase since the beginning of the trading day. The fund's open price was 9.33.
With this module, you can estimate the performance of a buy and hold strategy of Henderson Emerging Markets and determine expected loss or profit from investing in Henderson Emerging over a given investment horizon. Check out Henderson Emerging Correlation, Henderson Emerging Volatility and Henderson Emerging Alpha and Beta module to complement your research on Henderson Emerging.
Symbol

Please note, there is a significant difference between Henderson Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Henderson Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Henderson Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Henderson Emerging '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 Henderson Emerging'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 Henderson Emerging.
0.00
11/24/2024
No Change 0.00  0.0 
In 30 days
12/24/2024
0.00
If you would invest  0.00  in Henderson Emerging on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Henderson Emerging Markets or generate 0.0% return on investment in Henderson Emerging over 30 days. Henderson Emerging is related to or competes with Allianzgi Health, Live Oak, Fidelity Advisor, Deutsche Health, Lord Abbett, and Baron Health. The fund invests at least 80 percent of its net assets in equity securities of companies in emerging market countries More

Henderson Emerging 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 Henderson Emerging'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 Henderson Emerging Markets upside and downside potential and time the market with a certain degree of confidence.

Henderson Emerging Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Henderson Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henderson Emerging's standard deviation. In reality, there are many statistical measures that can use Henderson Emerging historical prices to predict the future Henderson Emerging's volatility.
Hype
Prediction
LowEstimatedHigh
8.549.3910.24
Details
Intrinsic
Valuation
LowRealHigh
8.599.4410.29
Details

Henderson Emerging Backtested Returns

Henderson Emerging holds Efficiency (Sharpe) Ratio of -0.0351, which attests that the entity had a -0.0351% return per unit of risk over the last 3 months. Henderson Emerging exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Henderson Emerging's Risk Adjusted Performance of (0.0005), market risk adjusted performance of (0.03), and Standard Deviation of 0.8517 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Henderson Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Henderson Emerging is expected to be smaller as well.

Auto-correlation

    
  -0.7  

Very good reverse predictability

Henderson Emerging Markets has very good reverse predictability. Overlapping area represents the amount of predictability between Henderson Emerging time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Henderson Emerging price movement. The serial correlation of -0.7 indicates that around 70.0% of current Henderson Emerging price fluctuation can be explain by its past prices.
Correlation Coefficient-0.7
Spearman Rank Test-0.77
Residual Average0.0
Price Variance0.01

Henderson Emerging lagged returns against current returns

Autocorrelation, which is Henderson Emerging 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 Henderson Emerging's mutual fund expected returns. We can calculate the autocorrelation of Henderson Emerging returns to help us make a trade decision. For example, suppose you find that Henderson Emerging 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  

Henderson Emerging 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 Henderson Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henderson Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henderson Emerging mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Henderson Emerging Lagged Returns

When evaluating Henderson Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henderson Emerging mutual fund have on its future price. Henderson Emerging 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, Henderson Emerging autocorrelation shows the relationship between Henderson Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Henderson Emerging Markets.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Henderson Mutual Fund

Henderson Emerging financial ratios help investors to determine whether Henderson 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 Henderson with respect to the benefits of owning Henderson Emerging security.
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