Mawer Dactions Internationales Fund Market Value
| 0P00007149 | CAD 88.05 0.77 0.88% |
| Symbol | Mawer |
Mawer Dactions '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 Mawer Dactions' 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 Mawer Dactions.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Mawer Dactions on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Mawer dactions internationales or generate 0.0% return on investment in Mawer Dactions over 90 days. Mawer Dactions is related to or competes with Mawer Canadien, Mawer Balanced, Mawer Global, Mawer US, and Mawer Canadien. The objectives of this Fund are to achieve above-average long-term, risk-adjusted returns and to provide diversification... More
Mawer Dactions 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 Mawer Dactions' 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 Mawer dactions internationales upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5804 | |||
| Information Ratio | 0.4118 | |||
| Maximum Drawdown | 2.91 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.48 |
Mawer Dactions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mawer Dactions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mawer Dactions' standard deviation. In reality, there are many statistical measures that can use Mawer Dactions historical prices to predict the future Mawer Dactions' volatility.| Risk Adjusted Performance | 0.2779 | |||
| Jensen Alpha | 0.2184 | |||
| Total Risk Alpha | 0.2637 | |||
| Sortino Ratio | 0.4841 | |||
| Treynor Ratio | 1.25 |
Mawer dactions inter Backtested Returns
Mawer Dactions appears to be very steady, given 3 months investment horizon. Mawer dactions inter has Sharpe Ratio of 0.32, which conveys that the entity had a 0.32 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mawer Dactions, which you can use to evaluate the volatility of the fund. Please exercise Mawer Dactions' Risk Adjusted Performance of 0.2779, downside deviation of 0.5804, and Mean Deviation of 0.518 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mawer Dactions' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mawer Dactions is expected to be smaller as well.
Auto-correlation | 0.79 |
Good predictability
Mawer dactions internationales has good predictability. Overlapping area represents the amount of predictability between Mawer Dactions time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mawer dactions inter price movement. The serial correlation of 0.79 indicates that around 79.0% of current Mawer Dactions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 3.04 |
Mawer dactions inter lagged returns against current returns
Autocorrelation, which is Mawer Dactions 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 Mawer Dactions' fund expected returns. We can calculate the autocorrelation of Mawer Dactions returns to help us make a trade decision. For example, suppose you find that Mawer Dactions has exhibited high autocorrelation historically, and you observe that the 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 |
Mawer Dactions 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 Mawer Dactions fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mawer Dactions fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mawer Dactions fund over time.
Current vs Lagged Prices |
| Timeline |
Mawer Dactions Lagged Returns
When evaluating Mawer Dactions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mawer Dactions fund have on its future price. Mawer Dactions 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, Mawer Dactions autocorrelation shows the relationship between Mawer Dactions fund current value and its past values and can show if there is a momentum factor associated with investing in Mawer dactions internationales.
Regressed Prices |
| Timeline |
Pair Trading with Mawer Dactions
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 Mawer Dactions 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 Mawer Dactions will appreciate offsetting losses from the drop in the long position's value.Moving against Mawer Fund
| 0.55 | 0P0000733H | RBC Global Technology | PairCorr |
| 0.51 | 0P00007138 | RBC sciences biologiques | PairCorr |
| 0.47 | 0P000070HA | CI Global Alpha | PairCorr |
| 0.36 | 0P0000724E | CDSPI SP 500 | PairCorr |
| 0.32 | 0P000071W8 | TD Index Fund | PairCorr |
The ability to find closely correlated positions to Mawer Dactions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mawer Dactions 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 Mawer Dactions - 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 Mawer dactions internationales to buy it.
The correlation of Mawer Dactions is a statistical measure of how it moves in relation to other instruments. 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 Mawer Dactions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mawer dactions inter 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 Mawer Dactions 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.Other Information on Investing in Mawer Fund
Mawer Dactions financial ratios help investors to determine whether Mawer 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 Mawer with respect to the benefits of owning Mawer Dactions security.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |