Templeton Emerging Markets Fund Market Value
| FEMZX Fund | USD 5.04 0.02 0.40% |
| Symbol | Templeton |
Templeton Emerging '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 Templeton Emerging'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 Templeton Emerging.
| 03/13/2024 |
| 06/11/2024 |
If you would invest 0.00 in Templeton Emerging on March 13, 2024 and sell it all today you would earn a total of 0.00 from holding Templeton Emerging Markets or generate 0.0% return on investment in Templeton Emerging over 90 days. Templeton Emerging is related to or competes with Pimco Emerging, Barloworld, Morningstar Unconstrained, High-yield Municipal, Via Renewables, Bondbloxx ETF, and Jpmorgan Equity. Under normal market conditions, the fund invests at least 80 percent of its net assets in a non-diversified portfolio of... More
Templeton Emerging 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 Templeton Emerging'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 Templeton Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 1.74 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.5929 |
Templeton Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Templeton Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Templeton Emerging's standard deviation. In reality, there are many statistical measures that can use Templeton Emerging historical prices to predict the future Templeton Emerging's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Templeton Emerging'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.
Templeton Emerging Backtested Returns
Templeton Emerging owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the fund had a -0.12% return per unit of risk over the last 3 months. Templeton Emerging Markets exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Templeton Emerging's Risk Adjusted Performance of (0.05), variance of 0.1706, and Coefficient Of Variation of (1,434) to confirm the risk estimate we provide. The entity has a beta of 0.0773, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Templeton Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Templeton Emerging is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
Templeton Emerging Markets has weak predictability. Overlapping area represents the amount of predictability between Templeton Emerging time series from 13th of March 2024 to 27th of April 2024 and 27th of April 2024 to 11th of June 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 Templeton Emerging price movement. The serial correlation of 0.21 indicates that over 21.0% of current Templeton Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Templeton Emerging lagged returns against current returns
Autocorrelation, which is Templeton Emerging 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 Templeton Emerging's mutual fund expected returns. We can calculate the autocorrelation of Templeton Emerging returns to help us make a trade decision. For example, suppose you find that Templeton Emerging 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 |
Templeton Emerging 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 Templeton Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Templeton Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Templeton Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Templeton Emerging Lagged Returns
When evaluating Templeton Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Templeton Emerging mutual fund have on its future price. Templeton Emerging 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, Templeton Emerging autocorrelation shows the relationship between Templeton Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Templeton Emerging Markets.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Templeton Mutual Fund
Templeton Emerging financial ratios help investors to determine whether Templeton Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Templeton with respect to the benefits of owning Templeton Emerging security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |