Brandes E Plus Fund Market Value

BCPAX Fund  USD 8.36  0.02  0.24%   
Brandes Core's market value is the price at which a share of Brandes Core trades on a public exchange. It measures the collective expectations of Brandes E Plus investors about its performance. Brandes Core is trading at 8.36 as of the 8th of December 2024; that is 0.24% up since the beginning of the trading day. The fund's open price was 8.34.
With this module, you can estimate the performance of a buy and hold strategy of Brandes E Plus and determine expected loss or profit from investing in Brandes Core over a given investment horizon. Check out Brandes Core Correlation, Brandes Core Volatility and Brandes Core Alpha and Beta module to complement your research on Brandes Core.
Symbol

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

Brandes Core '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 Brandes Core'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 Brandes Core.
0.00
11/08/2024
No Change 0.00  0.0 
In 30 days
12/08/2024
0.00
If you would invest  0.00  in Brandes Core on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Brandes E Plus or generate 0.0% return on investment in Brandes Core over 30 days. Brandes Core is related to or competes with Blackrock Exchange, Ab Bond, and Morningstar Defensive. The fund invests at least 80 percent of its net assets measured at the time of purchase in fixed income securities More

Brandes Core 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 Brandes Core'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 Brandes E Plus upside and downside potential and time the market with a certain degree of confidence.

Brandes Core Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brandes Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brandes Core's standard deviation. In reality, there are many statistical measures that can use Brandes Core historical prices to predict the future Brandes Core's volatility.
Hype
Prediction
LowEstimatedHigh
8.128.388.64
Details
Intrinsic
Valuation
LowRealHigh
7.838.099.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brandes Core. Your research has to be compared to or analyzed against Brandes Core's peers to derive any actionable benefits. When done correctly, Brandes Core's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Brandes E Plus.

Brandes E Plus Backtested Returns

Brandes E Plus secures Sharpe Ratio (or Efficiency) of -0.0823, which signifies that the fund had a -0.0823% return per unit of standard deviation over the last 3 months. Brandes E Plus exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brandes Core's mean deviation of 0.1949, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0768, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brandes Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brandes Core is expected to be smaller as well.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

Brandes E Plus has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Brandes Core time series from 8th of November 2024 to 23rd of November 2024 and 23rd of November 2024 to 8th of December 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 Brandes E Plus price movement. The serial correlation of -0.72 indicates that around 72.0% of current Brandes Core price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test-0.13
Residual Average0.0
Price Variance0.0

Brandes E Plus lagged returns against current returns

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

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

Brandes Core Lagged Returns

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

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Other Information on Investing in Brandes Mutual Fund

Brandes Core financial ratios help investors to determine whether Brandes 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 Brandes with respect to the benefits of owning Brandes Core security.
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