Qs International Dividend Fund Market Value

LGDAX Fund  USD 14.38  0.01  0.07%   
Qs International's market value is the price at which a share of Qs International trades on a public exchange. It measures the collective expectations of Qs International Dividend investors about its performance. Qs International is trading at 14.38 as of the 28th of March 2024; that is -0.07 percent down since the beginning of the trading day. The fund's open price was 14.39.
With this module, you can estimate the performance of a buy and hold strategy of Qs International Dividend and determine expected loss or profit from investing in Qs International over a given investment horizon. Check out Qs International Correlation, Qs International Volatility and Qs International Alpha and Beta module to complement your research on Qs International.
Symbol

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

Qs International '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 Qs International'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 Qs International.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Qs International on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Qs International Dividend or generate 0.0% return on investment in Qs International over 30 days. Qs International is related to or competes with Clearbridge Aggressive, Clearbridge Small, Mfs Global, Qs International, Clearbridge Appreciation, Legg Mason, and Western Asset. The fund invests at least 80 percent of its net assets, plus the amount of borrowings for investment purposes, if any, i... More

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

Qs International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Qs International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qs International's standard deviation. In reality, there are many statistical measures that can use Qs International historical prices to predict the future Qs International's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qs International'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
14.0114.3814.75
Details
Intrinsic
Valuation
LowRealHigh
12.7913.1615.82
Details
Naive
Forecast
LowNextHigh
13.9014.2814.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.3714.3814.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Qs International. Your research has to be compared to or analyzed against Qs International's peers to derive any actionable benefits. When done correctly, Qs International'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 Qs International Dividend.

Qs International Dividend Backtested Returns

We consider Qs International very steady. Qs International Dividend retains Efficiency (Sharpe Ratio) of 0.23, which implies the entity had a 0.23% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Qs International, which you can use to evaluate the volatility of the fund. Please check Qs International's standard deviation of 0.4008, and Market Risk Adjusted Performance of (0.43) to confirm if the risk estimate we provide is consistent with the expected return of 0.0873%. The fund owns a Beta (Systematic Risk) of -0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Qs International are expected to decrease at a much lower rate. During the bear market, Qs International is likely to outperform the market.

Auto-correlation

    
  -0.32  

Poor reverse predictability

Qs International Dividend has poor reverse predictability. Overlapping area represents the amount of predictability between Qs International time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 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 Qs International Dividend price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Qs International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.32
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.0

Qs International Dividend lagged returns against current returns

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

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

Qs International Lagged Returns

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

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Check out Qs International Correlation, Qs International Volatility and Qs International Alpha and Beta module to complement your research on Qs International.
Note that the Qs International Dividend information on this page should be used as a complementary analysis to other Qs International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Qs International's price analysis, check to measure Qs International'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 Qs International is operating at the current time. Most of Qs International's value examination focuses on studying past and present price action to predict the probability of Qs International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qs International's price. Additionally, you may evaluate how the addition of Qs International to your portfolios can decrease your overall portfolio volatility.
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Qs International 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 Qs International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Qs International 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...