Brandes Global Equity Fund Market Value

BGVCX Fund  USD 31.38  0.07  0.22%   
Brandes Global's market value is the price at which a share of Brandes Global trades on a public exchange. It measures the collective expectations of Brandes Global Equity investors about its performance. Brandes Global is trading at 31.38 as of the 8th of December 2024; that is 0.22 percent increase since the beginning of the trading day. The fund's open price was 31.31.
With this module, you can estimate the performance of a buy and hold strategy of Brandes Global Equity and determine expected loss or profit from investing in Brandes Global over a given investment horizon. Check out Brandes Global Correlation, Brandes Global Volatility and Brandes Global Alpha and Beta module to complement your research on Brandes Global.
Symbol

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

Brandes 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 Brandes Global'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 Global.
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 Global on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Brandes Global Equity or generate 0.0% return on investment in Brandes Global over 30 days. Brandes Global is related to or competes with T Rowe, Intal High, Metropolitan West, Morningstar Aggressive, Ab Global, and Pace High. The fund invests primarily in equity securities of U.S More

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

Brandes Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brandes Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brandes Global's standard deviation. In reality, there are many statistical measures that can use Brandes Global historical prices to predict the future Brandes Global'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 Global'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
30.7431.3932.04
Details
Intrinsic
Valuation
LowRealHigh
30.6831.3331.98
Details

Brandes Global Equity Backtested Returns

At this stage we consider Brandes Mutual Fund to be very steady. Brandes Global Equity secures Sharpe Ratio (or Efficiency) of 0.099, which signifies that the fund had a 0.099% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Brandes Global Equity, which you can use to evaluate the volatility of the entity. Please confirm Brandes Global's mean deviation of 0.4835, and Risk Adjusted Performance of 0.0719 to double-check if the risk estimate we provide is consistent with the expected return of 0.0641%. The fund shows a Beta (market volatility) of 0.0208, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brandes Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brandes Global is expected to be smaller as well.

Auto-correlation

    
  0.71  

Good predictability

Brandes Global Equity has good predictability. Overlapping area represents the amount of predictability between Brandes Global 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 Global Equity price movement. The serial correlation of 0.71 indicates that around 71.0% of current Brandes Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.44
Residual Average0.0
Price Variance0.0

Brandes Global Equity lagged returns against current returns

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

Brandes Global Lagged Returns

When evaluating Brandes Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brandes Global mutual fund have on its future price. Brandes 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, Brandes Global autocorrelation shows the relationship between Brandes Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Brandes Global Equity.
   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 Global 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 Global security.
Fundamental Analysis
View fundamental data based on most recent published financial statements
CEOs Directory
Screen CEOs from public companies around the world