Axonic Alternative Income Fund Market Value
| AAIDX Fund | USD 20.08 0.00 0.00% |
| Symbol | Axonic |
Axonic Alternative '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 Axonic Alternative'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 Axonic Alternative.
| 07/28/2024 |
| 01/19/2026 |
If you would invest 0.00 in Axonic Alternative on July 28, 2024 and sell it all today you would earn a total of 0.00 from holding Axonic Alternative Income or generate 0.0% return on investment in Axonic Alternative over 540 days. Axonic Alternative is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard Total. Axonic Alternative is entity of United States More
Axonic Alternative 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 Axonic Alternative'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 Axonic Alternative Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.072 | |||
| Information Ratio | 3.0E-4 | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (0.05) | |||
| Potential Upside | 0.6871 |
Axonic Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Axonic Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axonic Alternative's standard deviation. In reality, there are many statistical measures that can use Axonic Alternative historical prices to predict the future Axonic Alternative's volatility.| Risk Adjusted Performance | 0.124 | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | 0.0188 | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | 0.5969 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Axonic Alternative'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.
Axonic Alternative Income Backtested Returns
At this stage we consider Axonic Mutual Fund to be very steady. Axonic Alternative Income secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Axonic Alternative Income, which you can use to evaluate the volatility of the entity. Please confirm Axonic Alternative's Coefficient Of Variation of 547.27, risk adjusted performance of 0.124, and Mean Deviation of 0.1878 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Axonic Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Axonic Alternative is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Axonic Alternative Income has excellent predictability. Overlapping area represents the amount of predictability between Axonic Alternative time series from 28th of July 2024 to 24th of April 2025 and 24th of April 2025 to 19th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Axonic Alternative Income price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Axonic Alternative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Axonic Alternative Income lagged returns against current returns
Autocorrelation, which is Axonic Alternative 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 Axonic Alternative's mutual fund expected returns. We can calculate the autocorrelation of Axonic Alternative returns to help us make a trade decision. For example, suppose you find that Axonic Alternative 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 |
Axonic Alternative 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 Axonic Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Axonic Alternative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Axonic Alternative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Axonic Alternative Lagged Returns
When evaluating Axonic Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Axonic Alternative mutual fund have on its future price. Axonic Alternative 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, Axonic Alternative autocorrelation shows the relationship between Axonic Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Axonic Alternative Income.
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 Axonic Mutual Fund
Axonic Alternative financial ratios help investors to determine whether Axonic 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 Axonic with respect to the benefits of owning Axonic Alternative security.
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