We consider Baillie Gifford not too risky. Baillie Gifford Wldwd
secures Sharpe Ratio (or Efficiency) of 0.1238 which signifies that Baillie Gifford Wldwd
had 0.1238% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a fund is to use all available market data together with company specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Baillie Gifford Wldwd Glb Crd C GBP Acc which you can use to evaluate future volatility of the entity. Please confirm Baillie Gifford Wldwd to double-check if risk estimate we provide are consistent with the epected return of 0.0371%. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Baillie Gifford are completely uncorrelated. Although it is extremely important to respect Baillie Gifford Wldwd
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Baillie Gifford Wldwd technical indicators
you can presently evaluate if the expected return of 0.0371% will be sustainable into the future.
|15 days auto-correlation||(0.84) |
Excellent reverse predictability
Baillie Gifford Wldwd Glb Crd C GBP Acc has excellent reverse predictability. Overlapping area represents the amount of predictability between Baillie Gifford time series from June 22, 2018 to July 7, 2018 and July 7, 2018 to July 22, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Baillie Gifford Wldwd price movement. The serial correlation of -0.84 indicates that around 84.0% of current Baillie Gifford price fluctuation can be explain by its past prices. Given that Baillie Gifford Wldwd Glb Crd C GBP Acc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Baillie Gifford for similar time interval.
|Correlation Coefficient|| -0.84|
|Spearman Rank Test|| 0.5|
|Price Variance|| 6.22|
|Lagged Price Variance|| 9.56|