Investec Emerging Markets Fund Market Value
| ZEMAX Fund | USD 11.35 0.03 0.26% |
| Symbol | Investec |
Investec 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 Investec 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 Investec Emerging.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Investec Emerging on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Investec Emerging Markets or generate 0.0% return on investment in Investec Emerging over 30 days. Investec Emerging is related to or competes with Ashmore Emerging, Transamerica Emerging, Sp Midcap, Artisan Emerging, Shelton Emerging, Locorr Market, and Calvert Developed. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Investec 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 Investec 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 Investec Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.43 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.57 |
Investec Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Investec Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Investec Emerging's standard deviation. In reality, there are many statistical measures that can use Investec Emerging historical prices to predict the future Investec Emerging's volatility.| Risk Adjusted Performance | 0.0733 | |||
| Jensen Alpha | 0.0647 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4211 |
Investec Emerging Markets Backtested Returns
At this stage we consider Investec Mutual Fund to be very steady. Investec Emerging Markets holds Efficiency (Sharpe) Ratio of 0.0808, which attests that the entity had a 0.0808% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Investec Emerging Markets, which you can use to evaluate the volatility of the entity. Please check out Investec Emerging's Downside Deviation of 1.1, risk adjusted performance of 0.0733, and Market Risk Adjusted Performance of 0.4311 to validate if the risk estimate we provide is consistent with the expected return of 0.0766%. The fund retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Investec Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Investec Emerging is expected to be smaller as well.
Auto-correlation | 0.38 |
Below average predictability
Investec Emerging Markets has below average predictability. Overlapping area represents the amount of predictability between Investec Emerging time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Investec Emerging Markets price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Investec Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Investec Emerging Markets lagged returns against current returns
Autocorrelation, which is Investec 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 Investec Emerging's mutual fund expected returns. We can calculate the autocorrelation of Investec Emerging returns to help us make a trade decision. For example, suppose you find that Investec 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 |
Investec 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 Investec Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Investec 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 Investec Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Investec Emerging Lagged Returns
When evaluating Investec Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Investec Emerging mutual fund have on its future price. Investec 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, Investec Emerging autocorrelation shows the relationship between Investec Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Investec Emerging Markets.
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 Investec Mutual Fund
Investec Emerging financial ratios help investors to determine whether Investec 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 Investec with respect to the benefits of owning Investec Emerging security.
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