International Equity Series Fund Market Value

TFEQX Fund  USD 10.24  0.02  0.20%   
International Equity's market value is the price at which a share of International Equity trades on a public exchange. It measures the collective expectations of International Equity Series investors about its performance. International Equity is trading at 10.24 as of the 25th of December 2024; that is 0.20 percent up since the beginning of the trading day. The fund's open price was 10.22.
With this module, you can estimate the performance of a buy and hold strategy of International Equity Series and determine expected loss or profit from investing in International Equity over a given investment horizon. Check out International Equity Correlation, International Equity Volatility and International Equity Alpha and Beta module to complement your research on International Equity.
Symbol

Please note, there is a significant difference between International Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Equity'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.

International Equity '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 International Equity'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 International Equity.
0.00
06/28/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/25/2024
0.00
If you would invest  0.00  in International Equity on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding International Equity Series or generate 0.0% return on investment in International Equity over 180 days. International Equity is related to or competes with Franklin Small, Blackrock Glbl, Blackrock Fundamental, Blackrock Gbl, and Vanguard Explorer. Under normal market conditions, the fund invests at least 80 percent of its net assets in foreign equity securities More

International Equity 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 International Equity'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 International Equity Series upside and downside potential and time the market with a certain degree of confidence.

International Equity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for International Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Equity's standard deviation. In reality, there are many statistical measures that can use International Equity historical prices to predict the future International Equity's volatility.
Hype
Prediction
LowEstimatedHigh
8.4410.2412.04
Details
Intrinsic
Valuation
LowRealHigh
7.679.4711.27
Details

International Equity Backtested Returns

International Equity holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. International Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Equity's Risk Adjusted Performance of (0.12), market risk adjusted performance of (15.42), and Standard Deviation of 1.81 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0197, which attests to not very significant fluctuations relative to the market. As returns on the market increase, International Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding International Equity is expected to be smaller as well.

Auto-correlation

    
  -0.51  

Good reverse predictability

International Equity Series has good reverse predictability. Overlapping area represents the amount of predictability between International Equity time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 International Equity price movement. The serial correlation of -0.51 indicates that about 51.0% of current International Equity price fluctuation can be explain by its past prices.
Correlation Coefficient-0.51
Spearman Rank Test-0.63
Residual Average0.0
Price Variance0.25

International Equity lagged returns against current returns

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

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

International Equity Lagged Returns

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

International Equity financial ratios help investors to determine whether International 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 International with respect to the benefits of owning International Equity security.
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