Capital Mutual Fund Market Value

RCWGX
 Fund
  

USD 15.17  0.09  0.59%   

Capital World's market value is the price at which a share of Capital World stock trades on a public exchange. It measures the collective expectations of Capital World Bond investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Capital World Bond and determine expected loss or profit from investing in Capital World over a given investment horizon. Additionally, take a look at Capital World Correlation, Capital World Volatility and Capital World Alpha and Beta module to complement your research on Capital World.
Symbol

Please note, there is a significant difference between Capital World's value and its price as these two are different measures arrived at by different means. Investors typically determine Capital World value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Capital World '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 Capital World'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 Capital World.
0.00
08/29/2022
No Change 0.00  0.0 
In 31 days
09/28/2022
0.00
If you would invest  0.00  in Capital World on August 29, 2022 and sell it all today you would earn a total of 0.00 from holding Capital World Bond or generate 0.0% return on investment in Capital World over 30 days. Capital World is related to or competes with General Electric. The fund will invest at least 80 percent of its assets in bonds and other debt securities, which may be represented by d... More

Capital World 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 Capital World'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 Capital World Bond upside and downside potential and time the market with a certain degree of confidence.

Capital World Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Capital World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capital World's standard deviation. In reality, there are many statistical measures that can use Capital World historical prices to predict the future Capital World's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Capital World'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. Please use the tools below to analyze the current value of Capital World in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.000.54
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.000.54
Details
Naive
Forecast
LowNext ValueHigh
14.2814.8215.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.2115.9516.69
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Capital World. Your research has to be compared to or analyzed against Capital World's peers to derive any actionable benefits. When done correctly, Capital World's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Capital World Bond.

Capital World Bond Backtested Returns

Capital World Bond secures Sharpe Ratio (or Efficiency) of -0.26, which signifies that the fund had -0.26% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Capital World Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Capital World Bond risk adjusted performance of (0.30), and Mean Deviation of 0.4264 to double-check the risk estimate we provide.
The fund shows a Beta (market volatility) of -0.0163, which signifies not very significant fluctuations relative to the market. Let's try to break down what Capital's beta means in this case. As returns on the market increase, returns on owning Capital World are expected to decrease at a much lower rate. During the bear market, Capital World is likely to outperform the market. Even though it is essential to pay attention to Capital World Bond historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Capital World Bond exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.64  

Good predictability

Capital World Bond has good predictability. Overlapping area represents the amount of predictability between Capital World time series from 29th of August 2022 to 13th of September 2022 and 13th of September 2022 to 28th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Capital World Bond price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Capital World price fluctuation can be explain by its past prices.
Correlation Coefficient0.64
Spearman Rank Test0.71
Residual Average0.0
Price Variance0.08

Capital World Bond lagged returns against current returns

Autocorrelation, which is Capital World 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 Capital World's mutual fund expected returns. We can calculate the autocorrelation of Capital World returns to help us make a trade decision. For example, suppose you find that Capital World mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Capital World 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 Capital World mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capital World mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capital World mutual fund over time.
   Current vs Lagged Prices   
Share
       Timeline  

Capital World Lagged Returns

When evaluating Capital World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capital World mutual fund have on its future price. Capital World 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, Capital World autocorrelation shows the relationship between Capital World mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Capital World Bond.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Capital World in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Capital World's short interest history, or implied volatility extrapolated from Capital World options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Capital World Correlation, Capital World Volatility and Capital World Alpha and Beta module to complement your research on Capital World. Note that the Capital World Bond information on this page should be used as a complementary analysis to other Capital World's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Capital Mutual Fund analysis

When running Capital World Bond price analysis, check to measure Capital World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Capital World is operating at the current time. Most of Capital World's value examination focuses on studying past and present price action to predict the probability of Capital World's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Capital World's price. Additionally, you may evaluate how the addition of Capital World to your portfolios can decrease your overall portfolio volatility.
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Capital World technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Capital World technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Capital World trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...