BrandywineGLOBAL Mutual Fund Market Value

BCAAX Fund

USD 10.03 0.01 0.1%

BrandywineGLOBAL's market value is the price at which a share of BrandywineGLOBAL stock trades on a public exchange. It measures the collective expectations of BrandywineGLOBAL Corporate investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of BrandywineGLOBAL Corporate and determine expected loss or profit from investing in BrandywineGLOBAL over a given investment horizon. Check out BrandywineGLOBAL Correlation, BrandywineGLOBAL Volatility and BrandywineGLOBAL Alpha and Beta module to complement your research on BrandywineGLOBAL.

Symbol

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

BrandywineGLOBAL '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 BrandywineGLOBAL'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 BrandywineGLOBAL.

0.00

12/08/2022

No Change 0.00

0.0

In 5 months and 30 days

06/06/2023

0.00

If you would invest 0.00 in BrandywineGLOBAL on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding BrandywineGLOBAL Corporate or generate 0.0% return on investment in BrandywineGLOBAL over 180 days. BrandywineGLOBAL is related to or competes with GUGGENHEIM MUNICIPAL, INTERMEDIATE GOVERNMENT, FEDERATED MUNICIPAL, GOLDMAN SACHS, NUVEEN MINNESOTA, and THE HARTFORD. The investment seeks high current income consistent with the preservation of capital over a five-year time horizon More

BrandywineGLOBAL 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 BrandywineGLOBAL'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 BrandywineGLOBAL Corporate upside and downside potential and time the market with a certain degree of confidence.

	Downside Deviation	0.2665
	Information Ratio	0.1758
	Maximum Drawdown	1.73
	Value At Risk	(0.41)
	Potential Upside	0.4069

BrandywineGLOBAL Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BrandywineGLOBAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BrandywineGLOBAL's standard deviation. In reality, there are many statistical measures that can use BrandywineGLOBAL historical prices to predict the future BrandywineGLOBAL's volatility.

	Risk Adjusted Performance	0.0713
	Jensen Alpha	0.0176
	Total Risk Alpha	0.0266
	Sortino Ratio	0.18
	Treynor Ratio	(2.23)

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BrandywineGLOBAL'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. Please use the tools below to analyze the current value of BrandywineGLOBAL in the context of predictive analytics.

Hype

Prediction

Low	Estimated	High
9.76	10.03	10.30

Details

Intrinsic

Valuation

Low	Real	High
9.72	9.99	10.26

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as BrandywineGLOBAL. Your research has to be compared to or analyzed against BrandywineGLOBAL's peers to derive any actionable benefits. When done correctly, BrandywineGLOBAL'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 BrandywineGLOBAL -.

BrandywineGLOBAL - Backtested Returns

We consider BrandywineGLOBAL very steady. BrandywineGLOBAL - secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the fund had 0.1% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for BrandywineGLOBAL Corporate, which you can use to evaluate the future volatility of the entity. Please confirm BrandywineGLOBAL - mean deviation of 0.1898, and Risk Adjusted Performance of 0.0713 to double-check if the risk estimate we provide is consistent with the expected return of 0.0279%.

The fund shows a Beta (market volatility) of -0.008, which signifies not very significant fluctuations relative to the market. Let's try to break down what BrandywineGLOBAL's beta means in this case. As returns on the market increase, returns on owning BrandywineGLOBAL are expected to decrease at a much lower rate. During the bear market, BrandywineGLOBAL is likely to outperform the market. Although it is important to respect BrandywineGLOBAL - historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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 BrandywineGLOBAL - technical indicators, you can presently evaluate if the expected return of 0.0279% will be sustainable into the future.

Auto-correlation

0.88

Very good predictability

BrandywineGLOBAL Corporate has very good predictability. Overlapping area represents the amount of predictability between BrandywineGLOBAL time series from 8th of December 2022 to 8th of March 2023 and 8th of March 2023 to 6th of June 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BrandywineGLOBAL - price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current BrandywineGLOBAL price fluctuation can be explain by its past prices.

	Correlation Coefficient	0.88
	Spearman Rank Test	0.66
	Residual Average	0.0
	Price Variance	0.01

BrandywineGLOBAL - lagged returns against current returns

Autocorrelation, which is BrandywineGLOBAL 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 BrandywineGLOBAL's mutual fund expected returns. We can calculate the autocorrelation of BrandywineGLOBAL returns to help us make a trade decision. For example, suppose you find that BrandywineGLOBAL mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.

Current and Lagged Values

Timeline

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

Current vs Lagged Prices

Timeline

BrandywineGLOBAL Lagged Returns

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

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 BrandywineGLOBAL 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, BrandywineGLOBAL's short interest history, or implied volatility extrapolated from BrandywineGLOBAL options trading.

Pair Trading with BrandywineGLOBAL

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BrandywineGLOBAL position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BrandywineGLOBAL will appreciate offsetting losses from the drop in the long position's value.

Moving together with BrandywineGLOBAL Mutual Fund

+	0.88	VWEAX	Vanguard High-yield	Pair Corr
+	0.88	VWEHX	VANGUARD HIGH-YIELD	Pair Corr
+	0.91	PHYZX	PRUDENTIAL HIGH YIELD	Pair Corr
+	0.91	BRHYX	BlackRock Hi Yld	Pair Corr
+	0.9	PHYQX	PRUDENTIAL HIGH YIELD	Pair Corr

The ability to find closely correlated positions to BrandywineGLOBAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BrandywineGLOBAL when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BrandywineGLOBAL - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BrandywineGLOBAL Corporate to buy it.

The correlation of BrandywineGLOBAL is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BrandywineGLOBAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BrandywineGLOBAL - moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for BrandywineGLOBAL can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out BrandywineGLOBAL Correlation, BrandywineGLOBAL Volatility and BrandywineGLOBAL Alpha and Beta module to complement your research on BrandywineGLOBAL. Note that the BrandywineGLOBAL - information on this page should be used as a complementary analysis to other BrandywineGLOBAL'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for BrandywineGLOBAL Mutual Fund analysis

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

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BrandywineGLOBAL 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.

Volatility Indicators

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Value Movement

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A focus of BrandywineGLOBAL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BrandywineGLOBAL 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...

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BrandywineGLOBAL Mutual Fund Market Value

BrandywineGLOBAL 'What if' Analysis

BrandywineGLOBAL Upside/Downside Indicators

BrandywineGLOBAL Market Risk Indicators

BrandywineGLOBAL - Backtested Returns

Auto-correlation

Very good predictability

BrandywineGLOBAL - lagged returns against current returns

BrandywineGLOBAL regressed lagged prices vs. current prices

BrandywineGLOBAL Lagged Returns

Pair Trading with BrandywineGLOBAL

Moving together with BrandywineGLOBAL Mutual Fund

Complementary Tools for BrandywineGLOBAL Mutual Fund analysis

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