American Beacon International Etf Market Value
| AAIAX Etf | USD 20.22 0.01 0.05% |
| Symbol | AMERICAN |
The market value of AMERICAN BEACON INTE is measured differently than its book value, which is the value of AMERICAN that is recorded on the company's balance sheet. Investors also form their own opinion of AMERICAN BEACON's value that differs from its market value or its book value, called intrinsic value, which is AMERICAN BEACON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AMERICAN BEACON's market value can be influenced by many factors that don't directly affect AMERICAN BEACON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AMERICAN BEACON's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMERICAN BEACON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERICAN BEACON'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.
AMERICAN BEACON '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 AMERICAN BEACON's etf 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 AMERICAN BEACON.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in AMERICAN BEACON on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding AMERICAN BEACON INTERNATIONAL or generate 0.0% return on investment in AMERICAN BEACON over 30 days. AMERICAN BEACON is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, Vanguard Value, Vanguard Growth, and Vanguard Mid. AMERICAN BEACON is entity of United States More
AMERICAN BEACON 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 AMERICAN BEACON's etf 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 AMERICAN BEACON INTERNATIONAL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0728 | |||
| Information Ratio | (4.20) | |||
| Maximum Drawdown | 0.1486 | |||
| Value At Risk | (0.05) | |||
| Potential Upside | 0.0495 |
AMERICAN BEACON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMERICAN BEACON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMERICAN BEACON's standard deviation. In reality, there are many statistical measures that can use AMERICAN BEACON historical prices to predict the future AMERICAN BEACON's volatility.| Risk Adjusted Performance | (0.19) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.87) |
AMERICAN BEACON INTE Backtested Returns
At this stage we consider AMERICAN Etf to be very steady. AMERICAN BEACON INTE secures Sharpe Ratio (or Efficiency) of 0.0242, which signifies that the etf had a 0.0242% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for AMERICAN BEACON INTERNATIONAL, which you can use to evaluate the volatility of the entity. Please confirm AMERICAN BEACON's Standard Deviation of 0.0324, downside deviation of 0.0728, and Risk Adjusted Performance of (0.19) to double-check if the risk estimate we provide is consistent with the expected return of 8.0E-4%. The etf shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and AMERICAN BEACON are completely uncorrelated.
Auto-correlation | -0.16 |
Insignificant reverse predictability
AMERICAN BEACON INTERNATIONAL has insignificant reverse predictability. Overlapping area represents the amount of predictability between AMERICAN BEACON time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 AMERICAN BEACON INTE price movement. The serial correlation of -0.16 indicates that over 16.0% of current AMERICAN BEACON price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AMERICAN BEACON INTE lagged returns against current returns
Autocorrelation, which is AMERICAN BEACON etf'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 AMERICAN BEACON's etf expected returns. We can calculate the autocorrelation of AMERICAN BEACON returns to help us make a trade decision. For example, suppose you find that AMERICAN BEACON has exhibited high autocorrelation historically, and you observe that the etf 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 |
AMERICAN BEACON 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 AMERICAN BEACON etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMERICAN BEACON etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMERICAN BEACON etf over time.
Current vs Lagged Prices |
| Timeline |
AMERICAN BEACON Lagged Returns
When evaluating AMERICAN BEACON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMERICAN BEACON etf have on its future price. AMERICAN BEACON 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, AMERICAN BEACON autocorrelation shows the relationship between AMERICAN BEACON etf current value and its past values and can show if there is a momentum factor associated with investing in AMERICAN BEACON INTERNATIONAL.
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 AMERICAN Etf
AMERICAN BEACON financial ratios help investors to determine whether AMERICAN Etf 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 AMERICAN with respect to the benefits of owning AMERICAN BEACON security.