Gqg Partners Emerg Fund Market Value
| GQGPX Fund | USD 18.41 0.09 0.49% |
| Symbol | Gqg |
Gqg Partners '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 Gqg Partners' 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 Gqg Partners.
| 04/21/2024 |
| 06/20/2024 |
If you would invest 0.00 in Gqg Partners on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding Gqg Partners Emerg or generate 0.0% return on investment in Gqg Partners over 60 days. Gqg Partners is related to or competes with T Rowe, T Rowe, T Rowe, T Rowe, and T Rowe. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Gqg Partners 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 Gqg Partners' 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 Gqg Partners Emerg upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.1137 | |||
| Maximum Drawdown | 7.62 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.39 |
Gqg Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gqg Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gqg Partners' standard deviation. In reality, there are many statistical measures that can use Gqg Partners historical prices to predict the future Gqg Partners' volatility.| Risk Adjusted Performance | 0.0836 | |||
| Jensen Alpha | 0.1145 | |||
| Total Risk Alpha | 0.1181 | |||
| Sortino Ratio | 0.0865 | |||
| Treynor Ratio | 0.3075 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gqg Partners' 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.
Gqg Partners Emerg Backtested Returns
We consider Gqg Partners slightly risky. Gqg Partners Emerg holds Efficiency (Sharpe) Ratio of 0.0963, which attests that the entity had a 0.0963% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gqg Partners Emerg, which you can use to evaluate the volatility of the entity. Please check out Gqg Partners' Downside Deviation of 1.35, risk adjusted performance of 0.0836, and Market Risk Adjusted Performance of 0.3175 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. The fund retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gqg Partners' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gqg Partners is expected to be smaller as well.
Auto-correlation | 0.50 |
Modest predictability
Gqg Partners Emerg has modest predictability. Overlapping area represents the amount of predictability between Gqg Partners time series from 21st of April 2024 to 21st of May 2024 and 21st of May 2024 to 20th 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 Gqg Partners Emerg price movement. The serial correlation of 0.5 indicates that about 50.0% of current Gqg Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Gqg Partners Emerg lagged returns against current returns
Autocorrelation, which is Gqg Partners 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 Gqg Partners' mutual fund expected returns. We can calculate the autocorrelation of Gqg Partners returns to help us make a trade decision. For example, suppose you find that Gqg Partners 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 |
Gqg Partners 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 Gqg Partners mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gqg Partners mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gqg Partners mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gqg Partners Lagged Returns
When evaluating Gqg Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gqg Partners mutual fund have on its future price. Gqg Partners 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, Gqg Partners autocorrelation shows the relationship between Gqg Partners mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gqg Partners Emerg.
Regressed Prices |
| Timeline |
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Other Information on Investing in Gqg Mutual Fund
Gqg Partners financial ratios help investors to determine whether Gqg 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 Gqg with respect to the benefits of owning Gqg Partners security.
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