Jensen Global Quality Fund Market Value
| JGQSX Fund | USD 17.10 0.01 0.06% |
| Symbol | Jensen |
Jensen 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 Jensen 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 Jensen Global.
| 12/10/2022 |
| 11/29/2024 |
If you would invest 0.00 in Jensen Global on December 10, 2022 and sell it all today you would earn a total of 0.00 from holding Jensen Global Quality or generate 0.0% return on investment in Jensen Global over 720 days. Jensen Global is related to or competes with Ashmore Emerging, and Meeder Funds. The fund will invest in equity securities of approximately 25 to 40 U.S More
Jensen 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 Jensen 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 Jensen Global Quality upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7133 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.5 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.0 |
Jensen Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jensen Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jensen Global's standard deviation. In reality, there are many statistical measures that can use Jensen Global historical prices to predict the future Jensen Global's volatility.| Risk Adjusted Performance | 0.0272 | |||
| Jensen Alpha | 0.0055 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.1765 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jensen Global'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.
Jensen Global Quality Backtested Returns
At this stage we consider Jensen Mutual Fund to be very steady. Jensen Global Quality holds Efficiency (Sharpe) Ratio of 0.0367, which attests that the entity had a 0.0367% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jensen Global Quality, which you can use to evaluate the volatility of the entity. Please check out Jensen Global's Market Risk Adjusted Performance of 0.1865, downside deviation of 0.7133, and Risk Adjusted Performance of 0.0272 to validate if the risk estimate we provide is consistent with the expected return of 0.0258%. The fund retains a Market Volatility (i.e., Beta) of 0.0896, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jensen Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jensen Global is expected to be smaller as well.
Auto-correlation | 0.45 |
Average predictability
Jensen Global Quality has average predictability. Overlapping area represents the amount of predictability between Jensen Global time series from 10th of December 2022 to 5th of December 2023 and 5th of December 2023 to 29th 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 Jensen Global Quality price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Jensen Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Jensen Global Quality lagged returns against current returns
Autocorrelation, which is Jensen 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 Jensen Global's mutual fund expected returns. We can calculate the autocorrelation of Jensen Global returns to help us make a trade decision. For example, suppose you find that Jensen 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 |
Jensen 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 Jensen Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jensen 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 Jensen Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jensen Global Lagged Returns
When evaluating Jensen Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jensen Global mutual fund have on its future price. Jensen 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, Jensen Global autocorrelation shows the relationship between Jensen Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jensen Global Quality.
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 Jensen Mutual Fund
Jensen Global financial ratios help investors to determine whether Jensen 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 Jensen with respect to the benefits of owning Jensen Global security.
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