Global Stock Fund Market Value

DGLAX Fund  USD 21.03  0.04  0.19%   
Global Stock's market value is the price at which a share of Global Stock trades on a public exchange. It measures the collective expectations of Global Stock Fund investors about its performance. Global Stock is trading at 21.03 as of the 17th of February 2025; that is 0.19% down since the beginning of the trading day. The fund's open price was 21.07.
With this module, you can estimate the performance of a buy and hold strategy of Global Stock Fund and determine expected loss or profit from investing in Global Stock over a given investment horizon. Check out Global Stock Correlation, Global Stock Volatility and Global Stock Alpha and Beta module to complement your research on Global Stock.
Symbol

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

Global Stock '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 Global Stock'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 Global Stock.
0.00
01/18/2025
No Change 0.00  0.0 
In 31 days
02/17/2025
0.00
If you would invest  0.00  in Global Stock on January 18, 2025 and sell it all today you would earn a total of 0.00 from holding Global Stock Fund or generate 0.0% return on investment in Global Stock over 30 days. Global Stock is related to or competes with International Stock, Global Stock, Global Stock, Virtus Kar, and T Rowe. To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment ... More

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

Global Stock Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Stock's standard deviation. In reality, there are many statistical measures that can use Global Stock historical prices to predict the future Global Stock's volatility.
Hype
Prediction
LowEstimatedHigh
19.7121.0322.35
Details
Intrinsic
Valuation
LowRealHigh
19.8621.1822.50
Details
Naive
Forecast
LowNextHigh
19.5620.8922.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.7520.9921.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Global Stock. Your research has to be compared to or analyzed against Global Stock's peers to derive any actionable benefits. When done correctly, Global Stock'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 Global Stock.

Global Stock Backtested Returns

Global Stock holds Efficiency (Sharpe) Ratio of -0.0698, which attests that the entity had a -0.0698 % return per unit of risk over the last 3 months. Global Stock exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Stock's Standard Deviation of 1.28, market risk adjusted performance of (0.27), and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Stock's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Stock is expected to be smaller as well.

Auto-correlation

    
  0.35  

Below average predictability

Global Stock Fund has below average predictability. Overlapping area represents the amount of predictability between Global Stock time series from 18th of January 2025 to 2nd of February 2025 and 2nd of February 2025 to 17th of February 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 Global Stock price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Global Stock price fluctuation can be explain by its past prices.
Correlation Coefficient0.35
Spearman Rank Test-0.3
Residual Average0.0
Price Variance0.01
Global ReturnsGlobal Lagged ReturnsDiversified AwayGlobal ReturnsGlobal Lagged ReturnsDiversified Away100%

Global Stock lagged returns against current returns

Autocorrelation, which is Global Stock 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 Global Stock's mutual fund expected returns. We can calculate the autocorrelation of Global Stock returns to help us make a trade decision. For example, suppose you find that Global Stock 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   
JavaScript chart by amCharts 3.21.15Feb 03Feb 05Feb 07Feb 09Feb 11Feb 13Feb 15Feb 17-0.2%0%0.2%0.4%0.6%0.8%1.0%1.2%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Global Stock 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 Global Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Stock mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Stock mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 03Feb 05Feb 07Feb 09Feb 11Feb 13Feb 15Feb 1720.9420.9620.9821.0021.0221.04
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Global Stock Lagged Returns

When evaluating Global Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Stock mutual fund have on its future price. Global Stock 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, Global Stock autocorrelation shows the relationship between Global Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global Stock Fund.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 21Jan 25Jan 29FebFeb 06Feb 10Feb 1420.8520.9020.9521.0021.0521.1021.15
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Global Mutual Fund

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