Ancorathelen Small Mid Cap Fund Market Value
| AATSX Fund | USD 20.06 0.16 0.79% |
| Symbol | Ancorathelen |
Ancorathelen Small '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 Ancorathelen Small'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 Ancorathelen Small.
| 12/20/2024 |
| 01/19/2025 |
If you would invest 0.00 in Ancorathelen Small on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Ancorathelen Small Mid Cap or generate 0.0% return on investment in Ancorathelen Small over 30 days. Ancorathelen Small is related to or competes with Pimco Diversified, Federated Hermes, Wells Fargo, Stone Ridge, Conservative Balanced, and Global Diversified. The fund normally will invest at least 80 percent of its net assets in the equity securities of small to mid cap compani... More
Ancorathelen Small 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 Ancorathelen Small'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 Ancorathelen Small Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.23 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.55 |
Ancorathelen Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ancorathelen Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ancorathelen Small's standard deviation. In reality, there are many statistical measures that can use Ancorathelen Small historical prices to predict the future Ancorathelen Small's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ancorathelen Small'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.
Ancorathelen Small Mid Backtested Returns
Ancorathelen Small Mid secures Sharpe Ratio (or Efficiency) of -0.0294, which signifies that the fund had a -0.0294% return per unit of standard deviation over the last 3 months. Ancorathelen Small Mid Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ancorathelen Small's mean deviation of 0.8992, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ancorathelen Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ancorathelen Small is expected to be smaller as well.
Auto-correlation | -0.66 |
Very good reverse predictability
Ancorathelen Small Mid Cap has very good reverse predictability. Overlapping area represents the amount of predictability between Ancorathelen Small time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ancorathelen Small Mid price movement. The serial correlation of -0.66 indicates that around 66.0% of current Ancorathelen Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Ancorathelen Small Mid lagged returns against current returns
Autocorrelation, which is Ancorathelen Small 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 Ancorathelen Small's mutual fund expected returns. We can calculate the autocorrelation of Ancorathelen Small returns to help us make a trade decision. For example, suppose you find that Ancorathelen Small 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 |
Ancorathelen Small 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 Ancorathelen Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ancorathelen Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ancorathelen Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ancorathelen Small Lagged Returns
When evaluating Ancorathelen Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ancorathelen Small mutual fund have on its future price. Ancorathelen Small 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, Ancorathelen Small autocorrelation shows the relationship between Ancorathelen Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ancorathelen Small Mid Cap.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Ancorathelen Mutual Fund
Ancorathelen Small financial ratios help investors to determine whether Ancorathelen 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 Ancorathelen with respect to the benefits of owning Ancorathelen Small security.
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