Ab Intermediate Bond Fund Market Value
| ABQZX Fund | USD 9.41 0.03 0.32% |
| Symbol | ABQZX |
Ab Intermediate '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 Ab Intermediate'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 Ab Intermediate.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Ab Intermediate on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Intermediate Bond or generate 0.0% return on investment in Ab Intermediate over 240 days. Ab Intermediate is related to or competes with Franklin Mutual, Artisan Global, Qs Global, Ab Global, Commonwealth Global, Ab Global, and Barings Global. The fund invests at least 80 percent of its net assets in fixed-income securities More
Ab Intermediate 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 Ab Intermediate'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 Ab Intermediate Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.16 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.3222 |
Ab Intermediate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Intermediate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Intermediate's standard deviation. In reality, there are many statistical measures that can use Ab Intermediate historical prices to predict the future Ab Intermediate's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.2629 |
Ab Intermediate Bond Backtested Returns
Ab Intermediate Bond retains Efficiency (Sharpe Ratio) of -0.0506, which signifies that the fund had a -0.0506% return per unit of price deviation over the last 3 months. Ab Intermediate exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Intermediate's Variance of 0.0843, information ratio of (0.49), and Market Risk Adjusted Performance of 0.2729 to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of -0.0609, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ab Intermediate are expected to decrease at a much lower rate. During the bear market, Ab Intermediate is likely to outperform the market.
Auto-correlation | -0.41 |
Modest reverse predictability
Ab Intermediate Bond has modest reverse predictability. Overlapping area represents the amount of predictability between Ab Intermediate time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 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 Ab Intermediate Bond price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Ab Intermediate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ab Intermediate Bond lagged returns against current returns
Autocorrelation, which is Ab Intermediate 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 Ab Intermediate's mutual fund expected returns. We can calculate the autocorrelation of Ab Intermediate returns to help us make a trade decision. For example, suppose you find that Ab Intermediate 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 |
Ab Intermediate 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 Ab Intermediate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Intermediate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ab Intermediate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Intermediate Lagged Returns
When evaluating Ab Intermediate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Intermediate mutual fund have on its future price. Ab Intermediate 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, Ab Intermediate autocorrelation shows the relationship between Ab Intermediate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Intermediate Bond.
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 ABQZX Mutual Fund
Ab Intermediate financial ratios help investors to determine whether ABQZX 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 ABQZX with respect to the benefits of owning Ab Intermediate security.
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