Eagle Capital Appreciation Fund Market Value

HRCUX Fund  USD 55.25  0.02  0.04%   
Eagle Capital's market value is the price at which a share of Eagle Capital trades on a public exchange. It measures the collective expectations of Eagle Capital Appreciation investors about its performance. Eagle Capital is trading at 55.25 as of the 28th of March 2024; that is -0.04 percent down since the beginning of the trading day. The fund's open price was 55.27.
With this module, you can estimate the performance of a buy and hold strategy of Eagle Capital Appreciation and determine expected loss or profit from investing in Eagle Capital over a given investment horizon. Check out Eagle Capital Correlation, Eagle Capital Volatility and Eagle Capital Alpha and Beta module to complement your research on Eagle Capital.
Symbol

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

Eagle Capital '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 Eagle Capital'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 Eagle Capital.
0.00
04/03/2023
No Change 0.00  0.0 
In 11 months and 27 days
03/28/2024
0.00
If you would invest  0.00  in Eagle Capital on April 3, 2023 and sell it all today you would earn a total of 0.00 from holding Eagle Capital Appreciation or generate 0.0% return on investment in Eagle Capital over 360 days. Eagle Capital is related to or competes with American Express, Barloworld, Morningstar Unconstrained, High-yield Municipal, Via Renewables, Bondbloxx ETF, and Jpmorgan Equity. During normal market conditions, the fund seeks to achieve its objective by investing at least 65 percent of its net ass... More

Eagle Capital 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 Eagle Capital'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 Eagle Capital Appreciation upside and downside potential and time the market with a certain degree of confidence.

Eagle Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eagle Capital's standard deviation. In reality, there are many statistical measures that can use Eagle Capital historical prices to predict the future Eagle Capital's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eagle Capital'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.
Hype
Prediction
LowEstimatedHigh
54.2355.2556.27
Details
Intrinsic
Valuation
LowRealHigh
51.9352.9560.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eagle Capital. Your research has to be compared to or analyzed against Eagle Capital's peers to derive any actionable benefits. When done correctly, Eagle Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eagle Capital Apprec.

Eagle Capital Apprec Backtested Returns

Eagle Capital appears to be very steady, given 3 months investment horizon. Eagle Capital Apprec secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Eagle Capital Appreciation, which you can use to evaluate the volatility of the entity. Please utilize Eagle Capital's Coefficient Of Variation of 452.56, downside deviation of 0.8137, and Mean Deviation of 0.7433 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of -0.0461, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eagle Capital are expected to decrease at a much lower rate. During the bear market, Eagle Capital is likely to outperform the market.

Auto-correlation

    
  0.80  

Very good predictability

Eagle Capital Appreciation has very good predictability. Overlapping area represents the amount of predictability between Eagle Capital time series from 3rd of April 2023 to 30th of September 2023 and 30th of September 2023 to 28th of March 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 Eagle Capital Apprec price movement. The serial correlation of 0.8 indicates that around 80.0% of current Eagle Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.8
Spearman Rank Test0.76
Residual Average0.0
Price Variance17.05

Eagle Capital Apprec lagged returns against current returns

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

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

Eagle Capital Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eagle Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eagle Capital's short interest history, or implied volatility extrapolated from Eagle Capital options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Eagle Capital Correlation, Eagle Capital Volatility and Eagle Capital Alpha and Beta module to complement your research on Eagle Capital.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Eagle Mutual Fund analysis

When running Eagle Capital's price analysis, check to measure Eagle Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eagle Capital is operating at the current time. Most of Eagle Capital's value examination focuses on studying past and present price action to predict the probability of Eagle Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Capital's price. Additionally, you may evaluate how the addition of Eagle Capital to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Money Managers
Screen money managers from public funds and ETFs managed around the world
Eagle Capital technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Eagle Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eagle Capital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...