European Equity Closed Fund Market Value
| EEA Fund | USD 9.10 0.07 0.78% |
| Symbol | European |
European Equity '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 European Equity's 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 European Equity.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in European Equity on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding European Equity Closed or generate 0.0% return on investment in European Equity over 90 days. European Equity is related to or competes with XAI Octagon, MFS Charter, Nuveen New, Western Asset, Central Europe, Fiera Capital, and Western Asset. The European Equity Fund, Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas ... More
European Equity 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 European Equity's 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 European Equity Closed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.2066 | |||
| Maximum Drawdown | 5.11 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.47 |
European Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for European Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as European Equity's standard deviation. In reality, there are many statistical measures that can use European Equity historical prices to predict the future European Equity's volatility.| Risk Adjusted Performance | 0.0829 | |||
| Jensen Alpha | 0.1191 | |||
| Total Risk Alpha | 0.1854 | |||
| Sortino Ratio | 0.1737 | |||
| Treynor Ratio | 0.1808 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of European Equity'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.
European Equity Closed Backtested Returns
At this point, European Equity is very steady. European Equity Closed secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the fund had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for European Equity Closed, which you can use to evaluate the volatility of the entity. Please confirm European Equity's Mean Deviation of 0.6661, coefficient of variation of 1052.87, and Downside Deviation of 1.06 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, European Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding European Equity is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
European Equity Closed has below average predictability. Overlapping area represents the amount of predictability between European Equity time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 European Equity Closed price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current European Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
European Equity Closed lagged returns against current returns
Autocorrelation, which is European Equity 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 European Equity's fund expected returns. We can calculate the autocorrelation of European Equity returns to help us make a trade decision. For example, suppose you find that European Equity has exhibited high autocorrelation historically, and you observe that the 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 |
European Equity 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 European Equity fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if European Equity fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in European Equity fund over time.
Current vs Lagged Prices |
| Timeline |
European Equity Lagged Returns
When evaluating European Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of European Equity fund have on its future price. European Equity 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, European Equity autocorrelation shows the relationship between European Equity fund current value and its past values and can show if there is a momentum factor associated with investing in European Equity Closed.
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 European Fund
European Equity financial ratios help investors to determine whether European 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 European with respect to the benefits of owning European Equity security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |