BGF Latin (Germany) Market Value
| ERDD Fund | EUR 49.80 1.20 2.35% |
| Symbol | BGF |
Please note, there is a significant difference between BGF Latin's value and its price as these two are different measures arrived at by different means. Investors typically determine if BGF Latin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BGF Latin'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 Latin '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 Latin'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 Latin.
| 11/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in BGF Latin on November 7, 2024 and sell it all today you would earn a total of 0.00 from holding BGF Latin American or generate 0.0% return on investment in BGF Latin over 60 days. More
BGF Latin 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 Latin'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 Latin American upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.15 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.6 |
BGF Latin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BGF Latin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BGF Latin's standard deviation. In reality, there are many statistical measures that can use BGF Latin historical prices to predict the future BGF Latin's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 1.36 |
BGF Latin American Backtested Returns
BGF Latin American secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the fund had a -0.15% return per unit of risk over the last 3 months. BGF Latin American exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BGF Latin's Risk Adjusted Performance of (0.12), standard deviation of 1.57, and Mean Deviation of 1.17 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BGF Latin are expected to decrease at a much lower rate. During the bear market, BGF Latin is likely to outperform the market.
Auto-correlation | 0.50 |
Modest predictability
BGF Latin American has modest predictability. Overlapping area represents the amount of predictability between BGF Latin time series from 7th of November 2024 to 7th of December 2024 and 7th of December 2024 to 6th 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 BGF Latin American price movement. The serial correlation of 0.5 indicates that about 50.0% of current BGF Latin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 2.16 |
BGF Latin American lagged returns against current returns
Autocorrelation, which is BGF Latin 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 Latin's fund expected returns. We can calculate the autocorrelation of BGF Latin returns to help us make a trade decision. For example, suppose you find that BGF Latin 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 Latin 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 Latin fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BGF Latin fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BGF Latin fund over time.
Current vs Lagged Prices |
| Timeline |
BGF Latin Lagged Returns
When evaluating BGF Latin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BGF Latin fund have on its future price. BGF Latin 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 Latin autocorrelation shows the relationship between BGF Latin fund current value and its past values and can show if there is a momentum factor associated with investing in BGF Latin American.
Regressed Prices |
| Timeline |
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Other Information on Investing in BGF Fund
BGF Latin 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 Latin security.
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