Global Advantage Portfolio Fund Market Value
| MSPTX Fund | USD 13.02 0.51 4.08% |
| Symbol | Global |
Global Advantage '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 Global Advantage'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 Global Advantage.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Global Advantage on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Global Advantage Portfolio or generate 0.0% return on investment in Global Advantage over 90 days. Global Advantage is related to or competes with Global Advantage, Global Advantage, Ridgeworth Innovative, Transamerica Capital, and Internet Ultrasector. Under normal market conditions, the Adviser seeks to achieve its investment objective by investing primarily in establis... More
Global Advantage 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 Global Advantage'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 Global Advantage Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.84 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.34 |
Global Advantage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Advantage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Advantage's standard deviation. In reality, there are many statistical measures that can use Global Advantage historical prices to predict the future Global Advantage's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0455 | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Advantage'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.
Global Advantage Por Backtested Returns
Global Advantage Por holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Global Advantage Por exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Advantage's Market Risk Adjusted Performance of (0.19), risk adjusted performance of (0.08), and Standard Deviation of 2.28 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 1.18, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Global Advantage will likely underperform.
Auto-correlation | -0.37 |
Poor reverse predictability
Global Advantage Portfolio has poor reverse predictability. Overlapping area represents the amount of predictability between Global Advantage 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 Global Advantage Por price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Global Advantage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.41 |
Global Advantage Por lagged returns against current returns
Autocorrelation, which is Global Advantage 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 Global Advantage's mutual fund expected returns. We can calculate the autocorrelation of Global Advantage returns to help us make a trade decision. For example, suppose you find that Global Advantage 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 |
Global Advantage 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 Global Advantage mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Advantage mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Advantage mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global Advantage Lagged Returns
When evaluating Global Advantage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Advantage mutual fund have on its future price. Global Advantage 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, Global Advantage autocorrelation shows the relationship between Global Advantage mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global Advantage Portfolio.
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 Global Mutual Fund
Global Advantage financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Advantage security.
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