Henderson Emerging Markets Fund Market Value
| HEMIX Fund | USD 9.53 0.02 0.21% |
| Symbol | Henderson |
Henderson Emerging '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 Henderson Emerging'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 Henderson Emerging.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Henderson Emerging on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Henderson Emerging Markets or generate 0.0% return on investment in Henderson Emerging over 390 days. Henderson Emerging is related to or competes with Janus Research, Janus Research, Janus Research, Janus Henderson, Janus Research, Enterprise Portfolio, and Janus Balanced. The fund invests at least 80 percent of its net assets in equity securities of companies in emerging market countries More
Henderson Emerging 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 Henderson Emerging'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 Henderson Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8168 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.16 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.42 |
Henderson Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Henderson Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henderson Emerging's standard deviation. In reality, there are many statistical measures that can use Henderson Emerging historical prices to predict the future Henderson Emerging's volatility.| Risk Adjusted Performance | 0.0391 | |||
| Jensen Alpha | 0.0304 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.9223 |
Henderson Emerging Backtested Returns
At this stage we consider Henderson Mutual Fund to be very steady. Henderson Emerging holds Efficiency (Sharpe) Ratio of 0.0532, which attests that the entity had a 0.0532% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Henderson Emerging, which you can use to evaluate the volatility of the entity. Please check out Henderson Emerging's Downside Deviation of 0.8168, risk adjusted performance of 0.0391, and Market Risk Adjusted Performance of 0.9323 to validate if the risk estimate we provide is consistent with the expected return of 0.0451%. The fund retains a Market Volatility (i.e., Beta) of 0.0365, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Henderson Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Henderson Emerging is expected to be smaller as well.
Auto-correlation | 0.36 |
Below average predictability
Henderson Emerging Markets has below average predictability. Overlapping area represents the amount of predictability between Henderson Emerging time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Henderson Emerging price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Henderson Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Henderson Emerging lagged returns against current returns
Autocorrelation, which is Henderson Emerging 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 Henderson Emerging's mutual fund expected returns. We can calculate the autocorrelation of Henderson Emerging returns to help us make a trade decision. For example, suppose you find that Henderson Emerging 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 |
Henderson Emerging 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 Henderson Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henderson Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henderson Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Henderson Emerging Lagged Returns
When evaluating Henderson Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henderson Emerging mutual fund have on its future price. Henderson Emerging 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, Henderson Emerging autocorrelation shows the relationship between Henderson Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Henderson Emerging 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 Henderson Mutual Fund
Henderson Emerging financial ratios help investors to determine whether Henderson 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 Henderson with respect to the benefits of owning Henderson Emerging security.
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