Brandes Emerging Markets Fund Market Value

BEMCX Fund  USD 8.51  0.06  0.71%   
Brandes Emerging's market value is the price at which a share of Brandes Emerging trades on a public exchange. It measures the collective expectations of Brandes Emerging Markets investors about its performance. Brandes Emerging is trading at 8.51 as of the 4th of December 2024; that is 0.71 percent increase since the beginning of the trading day. The fund's open price was 8.45.
With this module, you can estimate the performance of a buy and hold strategy of Brandes Emerging Markets and determine expected loss or profit from investing in Brandes Emerging over a given investment horizon. Check out Brandes Emerging Correlation, Brandes Emerging Volatility and Brandes Emerging Alpha and Beta module to complement your research on Brandes Emerging.
Symbol

Please note, there is a significant difference between Brandes Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brandes Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brandes Emerging'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 Emerging '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 Emerging'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 Emerging.
0.00
06/07/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/04/2024
0.00
If you would invest  0.00  in Brandes Emerging on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Brandes Emerging Markets or generate 0.0% return on investment in Brandes Emerging over 180 days. Brandes Emerging is related to or competes with Brandes Small, Brandes Small, Brandes Small, Brandes Core, Brandes Core, Brandes Core, and Brandes Emerging. Under normal market conditions, the fund invests at least 80 percent of its net assets measured at the time of purchase ... More

Brandes Emerging 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 Emerging'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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.

Brandes Emerging Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brandes Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brandes Emerging's standard deviation. In reality, there are many statistical measures that can use Brandes Emerging historical prices to predict the future Brandes Emerging's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brandes Emerging's 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.
Hype
Prediction
LowEstimatedHigh
7.478.519.55
Details
Intrinsic
Valuation
LowRealHigh
7.548.589.62
Details
Naive
Forecast
LowNextHigh
7.298.339.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.468.518.56
Details

Brandes Emerging Markets Backtested Returns

At this stage we consider Brandes Mutual Fund to be not too volatile. Brandes Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.0282, which signifies that the fund had a 0.0282% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Brandes Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Brandes Emerging's risk adjusted performance of 0.0054, and Mean Deviation of 0.772 to double-check if the risk estimate we provide is consistent with the expected return of 0.0294%. The fund shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brandes Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brandes Emerging is expected to be smaller as well.

Auto-correlation

    
  -0.04  

Very weak reverse predictability

Brandes Emerging Markets has very weak reverse predictability. Overlapping area represents the amount of predictability between Brandes Emerging time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Emerging Markets price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Brandes Emerging price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.08

Brandes Emerging Markets lagged returns against current returns

Autocorrelation, which is Brandes Emerging 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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Brandes Emerging returns to help us make a trade decision. For example, suppose you find that Brandes Emerging 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brandes Emerging 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 Emerging mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Brandes Emerging Lagged Returns

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

Brandes Emerging 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 Emerging security.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data