Global Franchise Portfolio Fund Market Value
| MSGFX Fund | USD 32.85 0.02 0.06% |
| Symbol | Global |
Global Franchise '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 Global Franchise'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 Global Franchise.
| 01/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Global Franchise on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Global Franchise Portfolio or generate 0.0% return on investment in Global Franchise over 90 days. Global Franchise is related to or competes with American Funds, American Funds, Capital World, Capital World, and Capital World. The fund seeks long-term capital appreciation by investing primarily in equity securities of issuers located throughout ... More
Global Franchise 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 Global Franchise'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 Global Franchise Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.12 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 0.9185 |
Global Franchise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Franchise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Franchise's standard deviation. In reality, there are many statistical measures that can use Global Franchise historical prices to predict the future Global Franchise's volatility.| Risk Adjusted Performance | 3.0E-4 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Franchise'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.
Global Franchise Por Backtested Returns
Global Franchise Por holds Efficiency (Sharpe) Ratio of -0.0275, which attests that the entity had a -0.0275% return per unit of risk over the last 3 months. Global Franchise Por exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Franchise's Risk Adjusted Performance of 3.0E-4, standard deviation of 0.6767, and Market Risk Adjusted Performance of (0.0009) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.96, which attests to possible diversification benefits within a given portfolio. Global Franchise returns are very sensitive to returns on the market. As the market goes up or down, Global Franchise is expected to follow.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Global Franchise Portfolio has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Global Franchise time series from 26th of January 2024 to 11th of March 2024 and 11th of March 2024 to 25th 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 Global Franchise Por price movement. The serial correlation of -0.72 indicates that around 72.0% of current Global Franchise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Global Franchise Por lagged returns against current returns
Autocorrelation, which is Global Franchise 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 Global Franchise's mutual fund expected returns. We can calculate the autocorrelation of Global Franchise returns to help us make a trade decision. For example, suppose you find that Global Franchise 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 |
Global Franchise 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 Global Franchise mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Franchise mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Franchise mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global Franchise Lagged Returns
When evaluating Global Franchise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Franchise mutual fund have on its future price. Global Franchise 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, Global Franchise autocorrelation shows the relationship between Global Franchise mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global Franchise Portfolio.
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 Global Franchise 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, Global Franchise's short interest history, or implied volatility extrapolated from Global Franchise options trading.
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Try AI Portfolio ArchitectCheck out Global Franchise Correlation, Global Franchise Volatility and Global Franchise Alpha and Beta module to complement your research on Global Franchise. Note that the Global Franchise Por information on this page should be used as a complementary analysis to other Global Franchise'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Global Franchise 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.