Ampersand Sanlam (South Africa) Market Value
| 0P0000JZUP | 2.04 0.00 0.00% |
| Symbol | Ampersand |
Ampersand Sanlam '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 Ampersand Sanlam's 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 Ampersand Sanlam.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Ampersand Sanlam on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Ampersand Sanlam Collective or generate 0.0% return on investment in Ampersand Sanlam over 720 days.
Ampersand Sanlam 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 Ampersand Sanlam's 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 Ampersand Sanlam Collective upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6232 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 2.01 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.5025 |
Ampersand Sanlam Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ampersand Sanlam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ampersand Sanlam's standard deviation. In reality, there are many statistical measures that can use Ampersand Sanlam historical prices to predict the future Ampersand Sanlam's volatility.| Risk Adjusted Performance | 0.1155 | |||
| Jensen Alpha | 0.0439 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 1.98 |
Ampersand Sanlam Col Backtested Returns
Ampersand Sanlam is not too volatile at the moment. Ampersand Sanlam Col secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Ampersand Sanlam Collective, which you can use to evaluate the volatility of the entity. Please confirm Ampersand Sanlam's Risk Adjusted Performance of 0.1155, downside deviation of 0.6232, and Mean Deviation of 0.2307 to double-check if the risk estimate we provide is consistent with the expected return of 0.0569%. The fund shows a Beta (market volatility) of 0.0237, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ampersand Sanlam's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ampersand Sanlam is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Ampersand Sanlam Collective has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ampersand Sanlam time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Ampersand Sanlam Col price movement. The serial correlation of -0.18 indicates that over 18.0% of current Ampersand Sanlam price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ampersand Sanlam Col lagged returns against current returns
Autocorrelation, which is Ampersand Sanlam 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 Ampersand Sanlam's fund expected returns. We can calculate the autocorrelation of Ampersand Sanlam returns to help us make a trade decision. For example, suppose you find that Ampersand Sanlam has exhibited high autocorrelation historically, and you observe that the 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 |
Ampersand Sanlam 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 Ampersand Sanlam fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ampersand Sanlam fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ampersand Sanlam fund over time.
Current vs Lagged Prices |
| Timeline |
Ampersand Sanlam Lagged Returns
When evaluating Ampersand Sanlam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ampersand Sanlam fund have on its future price. Ampersand Sanlam 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, Ampersand Sanlam autocorrelation shows the relationship between Ampersand Sanlam fund current value and its past values and can show if there is a momentum factor associated with investing in Ampersand Sanlam Collective.
Regressed Prices |
| Timeline |
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