Emerald Insights Fund Market Value
| EFCCX Fund | USD 17.53 0.49 2.88% |
| Symbol | Emerald |
Emerald Insights '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 Emerald Insights' 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 Emerald Insights.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Emerald Insights on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Emerald Insights Fund or generate 0.0% return on investment in Emerald Insights over 90 days. Emerald Insights is related to or competes with Western Asset, Calvert Bond, Intermediate Bond, Nationwide Government, Flexible Bond, and Gmo High. Under normal conditions, the fund typically invests in equity securities of U.S More
Emerald Insights 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 Emerald Insights' 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 Emerald Insights Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 2.0 |
Emerald Insights Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emerald Insights' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emerald Insights' standard deviation. In reality, there are many statistical measures that can use Emerald Insights historical prices to predict the future Emerald Insights' volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | 0.0085 | |||
| Treynor Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Emerald Insights' 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.
Emerald Insights Backtested Returns
Emerald Insights secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the fund had a -0.12 % return per unit of risk over the last 3 months. Emerald Insights Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emerald Insights' Standard Deviation of 1.66, variance of 2.75, and Mean Deviation of 1.29 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.06, which means a somewhat significant risk relative to the market. Emerald Insights returns are very sensitive to returns on the market. As the market goes up or down, Emerald Insights is expected to follow.
Auto-correlation | -0.49 |
Modest reverse predictability
Emerald Insights Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Emerald Insights time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Emerald Insights price movement. The serial correlation of -0.49 indicates that about 49.0% of current Emerald Insights price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
Emerald Insights lagged returns against current returns
Autocorrelation, which is Emerald Insights 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 Emerald Insights' mutual fund expected returns. We can calculate the autocorrelation of Emerald Insights returns to help us make a trade decision. For example, suppose you find that Emerald Insights 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 |
Emerald Insights 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 Emerald Insights mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emerald Insights mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emerald Insights mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Emerald Insights Lagged Returns
When evaluating Emerald Insights' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emerald Insights mutual fund have on its future price. Emerald Insights 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, Emerald Insights autocorrelation shows the relationship between Emerald Insights mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Emerald Insights Fund.
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 Emerald Mutual Fund
Emerald Insights financial ratios help investors to determine whether Emerald 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 Emerald with respect to the benefits of owning Emerald Insights security.
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