Edgepoint Global Portfolio Fund Market Value

0P0000JO4E   38.54  0.18  0.47%   
Edgepoint Global's market value is the price at which a share of Edgepoint Global trades on a public exchange. It measures the collective expectations of Edgepoint Global Portfolio investors about its performance. Edgepoint Global is selling for 38.54 as of the 2nd of March 2025. This is a 0.47 percent increase since the beginning of the trading day. The fund's last reported lowest price was 38.54.
With this module, you can estimate the performance of a buy and hold strategy of Edgepoint Global Portfolio and determine expected loss or profit from investing in Edgepoint Global over a given investment horizon. Check out Edgepoint Global Correlation, Edgepoint Global Volatility and Edgepoint Global Alpha and Beta module to complement your research on Edgepoint Global.
Symbol

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

Edgepoint Global '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 Edgepoint Global's 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 Edgepoint Global.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/02/2025
0.00
If you would invest  0.00  in Edgepoint Global on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Edgepoint Global Portfolio or generate 0.0% return on investment in Edgepoint Global over 60 days. Edgepoint Global is related to or competes with Edgepoint Global. Edgepoint Global is entity of Canada. It is traded as Fund on TO exchange. More

Edgepoint Global 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 Edgepoint Global's 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 Edgepoint Global Portfolio upside and downside potential and time the market with a certain degree of confidence.

Edgepoint Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Edgepoint Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Edgepoint Global's standard deviation. In reality, there are many statistical measures that can use Edgepoint Global historical prices to predict the future Edgepoint Global's volatility.
Hype
Prediction
LowEstimatedHigh
37.8038.5439.28
Details
Intrinsic
Valuation
LowRealHigh
37.6338.3739.11
Details
Naive
Forecast
LowNextHigh
38.5839.3140.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
37.5038.1438.79
Details

Edgepoint Global Por Backtested Returns

Edgepoint Global Por secures Sharpe Ratio (or Efficiency) of -0.0441, which denotes the fund had a -0.0441 % return per unit of risk over the last 3 months. Edgepoint Global Portfolio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Edgepoint Global's Variance of 0.5187, standard deviation of 0.7202, and Mean Deviation of 0.5109 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, Edgepoint Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edgepoint Global is expected to be smaller as well.

Auto-correlation

    
  0.70  

Good predictability

Edgepoint Global Portfolio has good predictability. Overlapping area represents the amount of predictability between Edgepoint Global time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 Edgepoint Global Por price movement. The serial correlation of 0.7 indicates that around 70.0% of current Edgepoint Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.7
Spearman Rank Test0.63
Residual Average0.0
Price Variance0.1

Edgepoint Global Por lagged returns against current returns

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

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

Edgepoint Global Lagged Returns

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

Pair Trading with Edgepoint Global

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 Edgepoint Global 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 Edgepoint Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Edgepoint Fund

  0.810P0000706A RBC Select BalancedPairCorr
  0.870P0000S9O7 PIMCO Monthly IncomePairCorr
  0.810P00007069 RBC PortefeuillePairCorr
  0.990P0000IUYO Edgepoint Global PorPairCorr
  0.880P0001FAU8 TD Comfort BalancedPairCorr
The ability to find closely correlated positions to Edgepoint Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edgepoint Global 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 Edgepoint Global - 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 Edgepoint Global Portfolio to buy it.
The correlation of Edgepoint Global 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 Edgepoint Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edgepoint Global Por 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 Edgepoint Global 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Edgepoint Fund

Edgepoint Global financial ratios help investors to determine whether Edgepoint 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 Edgepoint with respect to the benefits of owning Edgepoint Global security.
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