Gqg Partners Global Fund Market Value
| GQRIX Fund | USD 20.12 0.05 0.25% |
| 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.
| 06/13/2023 |
| 06/07/2024 |
If you would invest 0.00 in Gqg Partners on June 13, 2023 and sell it all today you would earn a total of 0.00 from holding Gqg Partners Global or generate 0.0% return on investment in Gqg Partners over 360 days. Gqg Partners is related to or competes with Morgan Stanley, Growth Portfolio, Morgan Stanley, HUMANA, Barloworld, Morningstar Unconstrained, and High Yield. 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 Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | 0.0054 | |||
| Maximum Drawdown | 5.14 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.74 |
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 | 0.0285 | |||
| Jensen Alpha | 0.0375 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0049 | |||
| Treynor Ratio | (0.13) |
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 Global Backtested Returns
We consider Gqg Partners very steady. Gqg Partners Global holds Efficiency (Sharpe) Ratio of 0.0831, which attests that the entity had a 0.0831% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gqg Partners Global, which you can use to evaluate the volatility of the entity. Please check out Gqg Partners' Market Risk Adjusted Performance of (0.12), downside deviation of 1.17, and Risk Adjusted Performance of 0.0285 to validate if the risk estimate we provide is consistent with the expected return of 0.0797%. The fund retains a Market Volatility (i.e., Beta) of -0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gqg Partners are expected to decrease at a much lower rate. During the bear market, Gqg Partners is likely to outperform the market.
Auto-correlation | 0.58 |
Modest predictability
Gqg Partners Global has modest predictability. Overlapping area represents the amount of predictability between Gqg Partners time series from 13th of June 2023 to 10th of December 2023 and 10th of December 2023 to 7th 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 Global price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Gqg Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 1.65 |
Gqg Partners Global 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 Global.
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 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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