Global Multi Strategy Fund Market Value
| PGLSX Fund | USD 11.52 0.03 0.26% |
| Symbol | Global |
Global Multi '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 Multi'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 Multi.
| 04/17/2025 |
| 07/16/2025 |
If you would invest 0.00 in Global Multi on April 17, 2025 and sell it all today you would earn a total of 0.00 from holding Global Multi Strategy Fund or generate 0.0% return on investment in Global Multi over 90 days. Global Multi is related to or competes with Firsthand Alternative, Invesco Energy, Global Resources, Icon Natural, Hennessy, Fidelity Advisor, and World Energy. The investment seeks to achieve long-term capital appreciation with an emphasis on positive total returns and managing v... More
Global Multi 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 Multi'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 Multi Strategy Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2254 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 1.07 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.4437 |
Global Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Multi's standard deviation. In reality, there are many statistical measures that can use Global Multi historical prices to predict the future Global Multi's volatility.| Risk Adjusted Performance | 0.3545 | |||
| Jensen Alpha | 0.0503 | |||
| Total Risk Alpha | 0.0453 | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | 0.4386 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Multi'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 Multi Strategy Backtested Returns
At this stage we consider Global Mutual Fund to be very steady. Global Multi Strategy holds Efficiency (Sharpe) Ratio of 0.39, which attests that the entity had a 0.39 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Global Multi Strategy, which you can use to evaluate the volatility of the entity. Please check out Global Multi's Risk Adjusted Performance of 0.3545, market risk adjusted performance of 0.4486, and Coefficient Of Variation of 254.54 to validate if the risk estimate we provide is consistent with the expected return of 0.0787%. The fund retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Global Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Multi is expected to be smaller as well.
Auto-correlation | 0.92 |
Excellent predictability
Global Multi Strategy Fund has excellent predictability. Overlapping area represents the amount of predictability between Global Multi time series from 17th of April 2025 to 1st of June 2025 and 1st of June 2025 to 16th of July 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 Multi Strategy price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Global Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Global Multi Strategy lagged returns against current returns
Autocorrelation, which is Global Multi 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 Multi's mutual fund expected returns. We can calculate the autocorrelation of Global Multi returns to help us make a trade decision. For example, suppose you find that Global Multi 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 Multi 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 Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Multi 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 Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global Multi Lagged Returns
When evaluating Global Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Multi mutual fund have on its future price. Global Multi 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 Multi autocorrelation shows the relationship between Global Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global Multi Strategy Fund.
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 Multi 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 Multi security.
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