Ab All China Fund Market Value
| ACEAX Fund | USD 8.21 0.21 2.63% |
| Symbol | ACEAX |
Ab All '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 All'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 All.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Ab All on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Ab All China or generate 0.0% return on investment in Ab All over 540 days. Ab All is related to or competes with Lord Abbett, Jhancock Diversified, Blackrock, Principal Lifetime, Tax-managed, and The Gabelli. Under normal circumstances, the fund invests at least 80 percent of its net assets in a portfolio of equity securities o... More
Ab All 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 All'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 All China upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0326 | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 4.42 |
Ab All Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab All's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab All's standard deviation. In reality, there are many statistical measures that can use Ab All historical prices to predict the future Ab All's volatility.| Risk Adjusted Performance | 0.0738 | |||
| Jensen Alpha | 0.2089 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0316 | |||
| Treynor Ratio | (1.12) |
Ab All China Backtested Returns
Ab All appears to be somewhat reliable, given 3 months investment horizon. Ab All China retains Efficiency (Sharpe Ratio) of 0.0978, which signifies that the fund had a 0.0978% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Ab All, which you can use to evaluate the volatility of the entity. Please makes use of Ab All's Coefficient Of Variation of 1140.25, market risk adjusted performance of (1.11), and Standard Deviation of 2.27 to double-check if our risk estimates are consistent with your expectations. The fund owns a Beta (Systematic Risk) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ab All are expected to decrease at a much lower rate. During the bear market, Ab All is likely to outperform the market.
Auto-correlation | -0.45 |
Modest reverse predictability
Ab All China has modest reverse predictability. Overlapping area represents the amount of predictability between Ab All time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Ab All China price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Ab All price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Ab All China lagged returns against current returns
Autocorrelation, which is Ab All 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 All's mutual fund expected returns. We can calculate the autocorrelation of Ab All returns to help us make a trade decision. For example, suppose you find that Ab All 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 All 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 All mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab All 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 All mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab All Lagged Returns
When evaluating Ab All's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab All mutual fund have on its future price. Ab All 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 All autocorrelation shows the relationship between Ab All mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab All China.
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 ACEAX Mutual Fund
Ab All financial ratios help investors to determine whether ACEAX 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 ACEAX with respect to the benefits of owning Ab All security.
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