Abrdn Short Competition

Mutual Funds . USA . 
Fund . Abrdn Short Duration
ACHMX Fund  USD 9.24  0.01  0.11%   
Abrdn Short Duration competes with Aberdeen Emerging, Aberdeen Emerging, Aberdeen Emerging, Aberdeen Gbl, and Aberdeen Gbl; as well as few others. The fund is listed under High Yield Muni category and is part of Aberdeen family. Analyzing Abrdn Short competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Abrdn Short to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Abrdn Short Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Abrdn Short competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
9.089.249.40
Details
Intrinsic
Valuation
LowRealHigh
9.079.239.39
Details
Naive
Forecast
LowNextHigh
9.119.269.42
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.249.249.24
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Abrdn Short Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Abrdn Short and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Abrdn and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Abrdn Short Duration does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
GEMRX
+ 1.0
GEGCX
GXXIX
+ 1.0
GXXCX
GEGCX
+ 0.94
GEGAX
GEMRX
+ 0.94
GEGAX
GXXCX
+ 0.91
GXXAX
GXXIX
+ 0.91
GXXAX
  
High negative correlations   
GXXIX
- 0.44
CGFIX
GXXCX
- 0.43
CGFIX
GXXAX
- 0.43
CGFIX
CGFIX
- 0.42
STK
GXXIX
- 0.28
GWLIX
GXXCX
- 0.27
GWLIX

Risk-Adjusted Indicators

There is a big difference between Abrdn Mutual Fund performing well and Abrdn Short Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Abrdn Short's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
GEGAX  0.80 (0.05)(0.12) 0.01  0.96 
(0.86)
 1.67 
(1.76)
 5.28 
GEGCX  0.81 (0.01) 0.00  0.20  0.00 
 0.00 
 1.69 
(1.78)
 5.22 
GEMRX  0.80 (0.01) 0.00  0.18  0.00 
 0.00 
 1.71 
(1.72)
 5.33 
GWLIX  0.62 (0.12) 0.00 (0.10) 0.00 
 0.00 
 1.12 
(1.37)
 3.85 
GWLRX  0.64 (0.10) 0.00 (2.56) 0.00 
 0.00 
 1.14 
(1.49)
 3.90 
STK  0.72 (0.03)(0.05) 0.08  0.97 
(0.71)
 1.61 
(1.94)
 4.18 
CGFIX  0.14 (0.02) 0.00  0.66  0.00 
 0.00 
 0.23 
(0.34)
 0.81 
GXXAX  0.59 (0.02)(0.06) 0.09  0.71 
(0.66)
 1.18 
(1.30)
 3.80 
GXXCX  0.58  0.05 (0.09) 10.07  0.73 
(0.64)
 1.08 
(1.37)
 3.73 
GXXIX  0.59  0.05 (0.08) 2.98  0.72 
(0.65)
 1.12 
(1.29)
 3.81 
All Fundamental Data

Abrdn Short Competitive Analysis

The better you understand Abrdn Short competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Abrdn Short's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Abrdn Short's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ACHMX GEGAX GEGCX GEMRX GWLIX GWLRX STK CGFIX GXXAX GXXCX
 0.11 
 9.24 
Abrdn
 0.07 
 13.89 
Aberdeen
 0.07 
 13.67 
Aberdeen
 0.07 
 13.56 
Aberdeen
 0.81 
 12.51 
Aberdeen
 0.79 
 11.28 
Aberdeen
 0.30 
 33.47 
Columbia
 0.46 
 8.61 
Aberdeen
 0.66 
 12.28 
Aberdeen
 0.80 
 8.64 
Aberdeen
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
OK
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Insignificant
Very Weak
OK
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Buy
Cautious Hold
Cautious Hold
Strong Buy
Hold
Strong Buy
Hold
Strong Buy
Strong Buy
Net Asset
246.9 M
2.15 B
2.15 B
6.8 B
33.97 M
36.82 M
5.93 M
31.58 M
356.57 M
356.57 M
Minimum Initial Investment
N/A
N/A
N/A
N/A
1000 K
N/A
N/A
N/A
N/A
N/A
Price To Book
N/A
1.77
1.77
1.77
2.26
2.28
N/A
N/A
3.2
3.23
Five Year Return
N/A
1.15
0.54
0.9
6.98
6.25
18.23
-0.63
8.54
7.75
Last Dividend Paid
0.01
N/A
N/A
N/A
0.12
0.01
1.85
0.03
N/A
N/A
One Year Return
N/A
10.05
8.97
9.25
10.53
9.83
33.4
10.92
16.47
15.58
Price To Earning
N/A
14.28
14.28
16.37
20.12
18.78
2.26
N/A
4.46
3.21
Beta
N/A
N/A
N/A
N/A
N/A
N/A
1.16
N/A
N/A
N/A
Price To Sales
N/A
1.56
1.56
1.55
2.18
2.21
N/A
N/A
1.97
2.03
Cash Position Weight
4.65
0.9
0.9
0.9
0.08
2.67
N/A
84.34
1.64
1.64
Equity Positions Weight
N/A
99.1
99.1
99.1
99.92
97.32
N/A
2.79
98.36
98.36
Three Year Return
N/A
-7.53
-8.14
-7.83
-1.31
-1.99
7.6
-2.7
-3.38
-4.06
Annual Yield
N/A
0.0083
2.0E-4
0.0085
0.0072
0.0023
0.0209
0.0251
0.001
N/A
Bond Positions Weight
2.28
N/A
N/A
N/A
N/A
N/A
N/A
3.22
N/A
N/A
Year To Date Return
N/A
6.05
5.01
5.3
2.09
1.55
21.9
4.95
9.66
8.94
Ten Year Return
N/A
3.12
2.47
2.85
6.39
5.72
N/A
2.41
11.69
10.9
Day Typical Price
9.24
13.89
13.67
13.56
12.51
11.28
33.52
8.61
12.28
8.64
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
0.0119
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
N/A
0.4
N/A
N/A
N/A
Daily Balance Of Power
(9,223,372,036,855)
9.2 T
9.2 T
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
(0.25)
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
Period Momentum Indicator
(0.01)
0.01
0.01
(0.01)
0.1
(0.09)
(0.10)
(0.04)
0.08
(0.07)
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.01
0.99
1.0
1.0
1.01
0.99
Day Median Price
9.24
13.89
13.67
13.56
12.51
11.28
33.54
8.61
12.28
8.64
Price Action Indicator
(0.01)
0.005
0.005
(0.01)
0.05
(0.04)
(0.12)
(0.02)
0.04
(0.04)
Relative Strength Index
40.76
39.16
38.8
39.15
16.75
16.3
28.19
15.07
10.33
10.64
Coefficient Of Variation
926.73
6888.78
(12,224)
(13,508)
(1,814)
(994.92)
1228.08
(2,167)
908.74
1330.35
Mean Deviation
0.0916
0.7966
0.8139
0.8039
0.622
0.6412
0.7151
0.1372
0.5888
0.583
Jensen Alpha
0.0049
(0.05)
(0.01)
(0.01)
(0.12)
(0.1)
(0.03)
(0.02)
(0.02)
0.0478
Total Risk Alpha
(0.02)
(0.16)
(0.19)
(0.18)
(0.18)
(0.22)
(0.08)
(0.05)
(0.05)
(0.07)
Sortino Ratio
(0.39)
(0.12)
N/A
N/A
N/A
N/A
(0.05)
N/A
(0.06)
(0.09)
Downside Variance
0.0858
0.9954
N/A
N/A
N/A
N/A
1.26
N/A
0.6608
0.7034
Standard Deviation
0.1539
1.06
1.07
1.06
0.8064
0.8235
0.9753
0.1864
0.7761
0.7762
Kurtosis
7.4
0.6226
0.4891
0.5794
0.4768
0.3233
0.9057
0.1897
0.7214
0.6508
Potential Upside
0.2181
1.67
1.69
1.71
1.12
1.14
1.61
0.2309
1.18
1.08
Treynor Ratio
0.4752
0.011
0.205
0.1807
(0.1)
(2.56)
0.0839
0.6573
0.0921
10.07
Maximum Drawdown
0.979
5.28
5.22
5.33
3.85
3.9
4.18
0.8097
3.8
3.73
Variance
0.0237
1.11
1.14
1.12
0.6503
0.6782
0.9513
0.0347
0.6023
0.6025
Market Risk Adjusted Performance
0.4852
0.021
0.215
0.1907
(0.09)
(2.55)
0.0939
0.6673
0.1021
10.08
Risk Adjusted Performance
0.0429
0.0139
(0)
(0)
(0.04)
(0.08)
0.0646
(0.07)
0.0845
0.0578
Skewness
(1.50)
0.3511
0.3801
0.3808
(0.30)
(0.27)
(0.56)
(0.34)
(0.37)
(0.26)
Semi Deviation
0.0502
0.9597
N/A
N/A
N/A
N/A
0.9667
N/A
0.7132
0.7303
Information Ratio
(0.74)
(0.11)
(0.13)
(0.13)
(0.22)
(0.26)
(0.05)
(0.75)
(0.06)
(0.09)
Value At Risk
(0.11)
(1.76)
(1.78)
(1.72)
(1.37)
(1.49)
(1.94)
(0.34)
(1.30)
(1.37)
Expected Short fall
(0.16)
(0.86)
N/A
N/A
N/A
N/A
(0.71)
N/A
(0.66)
(0.64)
Downside Deviation
0.293
0.9977
N/A
N/A
N/A
N/A
1.12
N/A
0.8129
0.8387
Semi Variance
0.0025
0.9211
N/A
N/A
N/A
N/A
0.9345
N/A
0.5086
0.5333

Abrdn Short Competition Performance Charts

Five steps to successful analysis of Abrdn Short Competition

Abrdn Short's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Abrdn Short Duration in relation to its competition. Abrdn Short's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Abrdn Short in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Abrdn Short's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Abrdn Short Duration, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Abrdn Short position

In addition to having Abrdn Short in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Conservative Funds Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 43 constituents at this time.
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Other Information on Investing in Abrdn Mutual Fund

Abrdn Short financial ratios help investors to determine whether Abrdn 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 Abrdn with respect to the benefits of owning Abrdn Short security.
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