Causeway Global Value Fund Market Value
| CGVVX Fund | USD 12.77 0.01 0.08% |
| Symbol | Causeway |
Causeway 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 Causeway 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 Causeway Global.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Causeway Global on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Causeway Global Value or generate 0.0% return on investment in Causeway Global over 30 days. Causeway Global is related to or competes with Virtus Seix, Payden Us, Inverse Government, Short Term, Federated Government, Sit Government, and Us Government. The fund invests primarily in common stocks of companies in developed countries outside the U.S More
Causeway 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 Causeway 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 Causeway Global Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 19.79 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.32 |
Causeway Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Causeway Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Causeway Global's standard deviation. In reality, there are many statistical measures that can use Causeway Global historical prices to predict the future Causeway Global's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (1.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Causeway 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.
Causeway Global Value Backtested Returns
Causeway Global Value secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the fund had a -0.1 % return per unit of risk over the last 3 months. Causeway Global Value exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Causeway Global's Mean Deviation of 0.9322, standard deviation of 2.53, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Causeway Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Causeway Global is expected to be smaller as well.
Auto-correlation | 0.08 |
Virtually no predictability
Causeway Global Value has virtually no predictability. Overlapping area represents the amount of predictability between Causeway Global time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 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 Causeway Global Value price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Causeway Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Causeway Global Value lagged returns against current returns
Autocorrelation, which is Causeway 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 Causeway Global's mutual fund expected returns. We can calculate the autocorrelation of Causeway Global returns to help us make a trade decision. For example, suppose you find that Causeway 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 |
Causeway 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 Causeway Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Causeway 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 Causeway Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Causeway Global Lagged Returns
When evaluating Causeway Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Causeway Global mutual fund have on its future price. Causeway 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, Causeway Global autocorrelation shows the relationship between Causeway Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Causeway Global Value.
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 Causeway Mutual Fund
Causeway Global financial ratios help investors to determine whether Causeway 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 Causeway with respect to the benefits of owning Causeway Global security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |