Qs International Dividend Fund Market Value
| LGDCX Fund | USD 14.49 0.00 0.00% |
| Symbol | LGDCX |
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.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Qs International on March 17, 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, Qs International, Clearbridge Appreciation, Legg Mason, Western Asset, 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.
| Downside Deviation | 0.4252 | |||
| Information Ratio | 0.0088 | |||
| Maximum Drawdown | 1.93 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.6998 |
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.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.0584 | |||
| Total Risk Alpha | 0.0264 | |||
| Sortino Ratio | 0.0072 | |||
| Treynor Ratio | (1.13) |
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.
Qs International Dividend Backtested Returns
We consider Qs International very steady. Qs International Dividend retains Efficiency (Sharpe Ratio) of 0.24, which implies the entity had a 0.24% return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for Qs International, which you can use to evaluate the volatility of the fund. Please check Qs International's standard deviation of 0.3496, and Market Risk Adjusted Performance of (1.12) to confirm if the risk estimate we provide is consistent with the expected return of 0.0816%. The fund owns a Beta (Systematic Risk) of -0.0493, 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 | 0.75 |
Good predictability
Qs International Dividend has good predictability. Overlapping area represents the amount of predictability between Qs International time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th of April 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 0.75 indicates that around 75.0% of current Qs International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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 ArchitectCheck 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.