BGF Euro (Germany) Market Value
| ERD8 Fund | EUR 45.17 0.09 0.20% |
| Symbol | BGF |
Please note, there is a significant difference between BGF Euro's value and its price as these two are different measures arrived at by different means. Investors typically determine if BGF Euro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BGF Euro'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.
BGF Euro '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 BGF Euro'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 BGF Euro.
| 01/21/2023 |
| 12/11/2024 |
If you would invest 0.00 in BGF Euro on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding BGF Euro Markets or generate 0.0% return on investment in BGF Euro over 690 days. More
BGF Euro 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 BGF Euro'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 BGF Euro Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9423 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.89 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.9 |
BGF Euro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BGF Euro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BGF Euro's standard deviation. In reality, there are many statistical measures that can use BGF Euro historical prices to predict the future BGF Euro's volatility.| Risk Adjusted Performance | 0.0721 | |||
| Jensen Alpha | 0.0386 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1967 |
BGF Euro Markets Backtested Returns
At this point, BGF Euro is very steady. BGF Euro Markets secures Sharpe Ratio (or Efficiency) of 0.0772, which signifies that the fund had a 0.0772% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BGF Euro Markets, which you can use to evaluate the volatility of the entity. Please confirm BGF Euro's Downside Deviation of 0.9423, mean deviation of 0.839, and Risk Adjusted Performance of 0.0721 to double-check if the risk estimate we provide is consistent with the expected return of 0.0831%. The fund shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BGF Euro's returns are expected to increase less than the market. However, during the bear market, the loss of holding BGF Euro is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
BGF Euro Markets has no correlation between past and present. Overlapping area represents the amount of predictability between BGF Euro time series from 21st of January 2023 to 1st of January 2024 and 1st of January 2024 to 11th 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 BGF Euro Markets price movement. The serial correlation of 0.0 indicates that just 0.0% of current BGF Euro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BGF Euro Markets lagged returns against current returns
Autocorrelation, which is BGF Euro 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 BGF Euro's fund expected returns. We can calculate the autocorrelation of BGF Euro returns to help us make a trade decision. For example, suppose you find that BGF Euro 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 |
BGF Euro 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 BGF Euro fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BGF Euro fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BGF Euro fund over time.
Current vs Lagged Prices |
| Timeline |
BGF Euro Lagged Returns
When evaluating BGF Euro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BGF Euro fund have on its future price. BGF Euro 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, BGF Euro autocorrelation shows the relationship between BGF Euro fund current value and its past values and can show if there is a momentum factor associated with investing in BGF Euro Markets.
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 BGF Fund
BGF Euro financial ratios help investors to determine whether BGF 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 BGF with respect to the benefits of owning BGF Euro security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |