Europacific Mutual Fund Market Value

CEUAX -  USA Fund  

USD 59.64  1.09  1.79%

Europacific Growth's market value is the price at which a share of Europacific Growth stock trades on a public exchange. It measures the collective expectations of Europacific Growth investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Europacific Growth and determine expected loss or profit from investing in Europacific Growth over a given investment horizon. Continue to Europacific Growth Hype Analysis, Europacific Growth Correlation, Portfolio Optimization, Europacific Growth Volatility, as well as analyze Europacific Growth Alpha and Beta and Europacific Growth Performance.
Symbol
Backtest

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

Europacific Growth '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 Europacific Growth'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 Europacific Growth.
0.00
06/03/2020
No Change 0.00  0.0 
In 1 year 7 months and 23 days
01/24/2022
0.00
If you would invest  0.00  in Europacific Growth on June 3, 2020 and sell it all today you would earn a total of 0.00 from holding Europacific Growth or generate 0.0% return on investment in Europacific Growth over 600 days. Europacific Growth is related to or competes with American Funds, Europacific Growth, Europacific Growth, American Funds, American Funds, and American Funds. The fund invests primarily in common stocks of issuers in Europe and the Pacific Basin that the investment adviser belie...

Europacific Growth 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 Europacific Growth'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 Europacific Growth upside and downside potential and time the market with a certain degree of confidence.

Europacific Growth Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Europacific Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Europacific Growth's standard deviation. In reality, there are many statistical measures that can use Europacific Growth historical prices to predict the future Europacific Growth's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Europacific Growth'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 Europacific Growth in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
57.6058.7759.94
Details
Intrinsic
Valuation
LowReal ValueHigh
53.6860.8762.04
Details
Naive
Forecast
LowNext ValueHigh
57.3858.5559.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
59.3061.3763.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Europacific Growth. Your research has to be compared to or analyzed against Europacific Growth's peers to derive any actionable benefits. When done correctly, Europacific Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Europacific Growth.

Europacific Growth Backtested Returns

Europacific Growth secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the fund had -0.21% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Europacific Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Europacific Growth mean deviation of 0.7955, and Coefficient Of Variation of (483.98) to check the risk estimate we provide.
The fund shows a Beta (market volatility) of 0.8367, which means possible diversification benefits within a given portfolio. Let's try to break down what Europacific's beta means in this case. As returns on the market increase, Europacific Growth returns are expected to increase less than the market. However, during the bear market, the loss on holding Europacific Growth will be expected to be smaller as well. Even though it is essential to pay attention to Europacific Growth historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Europacific Growth exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.31)   

Poor reverse predictability

Europacific Growth has poor reverse predictability. Overlapping area represents the amount of predictability between Europacific Growth time series from 3rd of June 2020 to 30th of March 2021 and 30th of March 2021 to 24th of January 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Europacific Growth price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Europacific Growth price fluctuation can be explain by its past prices. Given that Europacific Growth has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Europacific Growth for similar time interval.
Correlation Coefficient-0.31
Spearman Rank Test-0.22
Residual Average0.0
Price Variance7.5

Europacific Growth lagged returns against current returns

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

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

Europacific Growth Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Europacific Growth without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk
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Pair Trading with Europacific Growth

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 Europacific Growth 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 Europacific Growth will appreciate offsetting losses from the drop in the long position's value.

Europacific Growth Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Europacific Growth and American Funds -. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Europacific Growth Hype Analysis, Europacific Growth Correlation, Portfolio Optimization, Europacific Growth Volatility, as well as analyze Europacific Growth Alpha and Beta and Europacific Growth Performance. Note that the Europacific Growth information on this page should be used as a complementary analysis to other Europacific Growth'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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