Templeton Global Smaller Fund Market Value
| TEMGX Fund | USD 9.68 0.04 0.41% |
| Symbol | Templeton |
Templeton Global '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 Templeton Global'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 Templeton Global.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in Templeton Global on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding Templeton Global Smaller or generate 0.0% return on investment in Templeton Global over 720 days. Templeton Global is related to or competes with Goehring Rozencwajg, Gmo Resources, Jennison Natural, and Invesco Energy. The fund normally invests at least 80 percent of its net assets in securities of smaller companies located anywhere in t... More
Templeton Global 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 Templeton Global'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 Templeton Global Smaller upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.39 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.5 |
Templeton Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Templeton Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Templeton Global's standard deviation. In reality, there are many statistical measures that can use Templeton Global historical prices to predict the future Templeton Global's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.09) |
Templeton Global Smaller Backtested Returns
Templeton Global Smaller owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0943, which indicates the fund had a -0.0943% return per unit of risk over the last 3 months. Templeton Global Smaller exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Templeton Global's Risk Adjusted Performance of (0.06), coefficient of variation of (1,321), and Variance of 0.7105 to confirm the risk estimate we provide. The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Templeton Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Templeton Global is expected to be smaller as well.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Templeton Global Smaller has insignificant reverse predictability. Overlapping area represents the amount of predictability between Templeton Global time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 Templeton Global Smaller price movement. The serial correlation of -0.19 indicates that over 19.0% of current Templeton Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Templeton Global Smaller lagged returns against current returns
Autocorrelation, which is Templeton Global 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 Templeton Global's mutual fund expected returns. We can calculate the autocorrelation of Templeton Global returns to help us make a trade decision. For example, suppose you find that Templeton Global 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 |
Templeton Global 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 Templeton Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Templeton Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Templeton Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Templeton Global Lagged Returns
When evaluating Templeton Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Templeton Global mutual fund have on its future price. Templeton Global 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, Templeton Global autocorrelation shows the relationship between Templeton Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Templeton Global Smaller.
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 Templeton Mutual Fund
Templeton Global financial ratios help investors to determine whether Templeton 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 Templeton with respect to the benefits of owning Templeton Global security.
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