International Equities Index Fund Market Value
| VCIEX Fund | USD 8.38 0.06 0.71% |
| Symbol | International |
International Equities '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 International Equities' 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 International Equities.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in International Equities on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding International Equities Index or generate 0.0% return on investment in International Equities over 510 days. International Equities is related to or competes with Jhancock Disciplined, Guidemark Large, Dodge Cox, T Rowe, Pace Large, Fisher Large, and Washington Mutual. The fund invests, under normal circumstances, at least 80 percent of net assets in stocks that are in the index More
International Equities 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 International Equities' 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 International Equities Index upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.0 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.22 |
International Equities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Equities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Equities' standard deviation. In reality, there are many statistical measures that can use International Equities historical prices to predict the future International Equities' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Equities' 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.
International Equities Backtested Returns
International Equities holds Efficiency (Sharpe) Ratio of -0.0399, which attests that the entity had a -0.0399% return per unit of risk over the last 3 months. International Equities exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Equities' Market Risk Adjusted Performance of (0.08), risk adjusted performance of (0.01), and Standard Deviation of 0.8383 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, International Equities' returns are expected to increase less than the market. However, during the bear market, the loss of holding International Equities is expected to be smaller as well.
Auto-correlation | 0.12 |
Insignificant predictability
International Equities Index has insignificant predictability. Overlapping area represents the amount of predictability between International Equities time series from 20th of July 2023 to 31st of March 2024 and 31st of March 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 International Equities price movement. The serial correlation of 0.12 indicates that less than 12.0% of current International Equities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
International Equities lagged returns against current returns
Autocorrelation, which is International Equities 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 International Equities' mutual fund expected returns. We can calculate the autocorrelation of International Equities returns to help us make a trade decision. For example, suppose you find that International Equities 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 |
International Equities 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 International Equities mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Equities mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Equities mutual fund over time.
Current vs Lagged Prices |
| Timeline |
International Equities Lagged Returns
When evaluating International Equities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Equities mutual fund have on its future price. International Equities 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, International Equities autocorrelation shows the relationship between International Equities mutual fund current value and its past values and can show if there is a momentum factor associated with investing in International Equities Index.
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 International Mutual Fund
International Equities financial ratios help investors to determine whether International 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 International with respect to the benefits of owning International Equities security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |