Amer Beacon Ark Fund Market Value
| ADNPX Fund | USD 15.05 0.38 2.59% |
| Symbol | Amer |
Amer 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 Amer Beacon'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 Amer Beacon.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Amer Beacon on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Amer Beacon Ark or generate 0.0% return on investment in Amer Beacon over 720 days. Amer Beacon is related to or competes with Ridgeworth Innovative, Mid Cap, Small Pany, Morgan Stanley, and Baron Global. Under normal circumstances, substantially all of the funds assets are invested in a portfolio of equity securities inclu... More
Amer 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 Amer Beacon'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 Amer Beacon Ark upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.1107 | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 3.5 |
Amer Beacon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amer Beacon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amer Beacon's standard deviation. In reality, there are many statistical measures that can use Amer Beacon historical prices to predict the future Amer Beacon's volatility.| Risk Adjusted Performance | 0.1352 | |||
| Jensen Alpha | 0.1149 | |||
| Total Risk Alpha | 0.0133 | |||
| Sortino Ratio | 0.1227 | |||
| Treynor Ratio | 0.1742 |
Amer Beacon Ark Backtested Returns
Amer Beacon appears to be not too volatile, given 3 months investment horizon. Amer Beacon Ark secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the fund had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amer Beacon Ark, which you can use to evaluate the volatility of the entity. Please makes use of Amer Beacon's risk adjusted performance of 0.1352, and Mean Deviation of 1.71 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 2.15, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amer Beacon will likely underperform.
Auto-correlation | -0.24 |
Weak reverse predictability
Amer Beacon Ark has weak reverse predictability. Overlapping area represents the amount of predictability between Amer Beacon time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Amer Beacon Ark price movement. The serial correlation of -0.24 indicates that over 24.0% of current Amer Beacon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
Amer Beacon Ark lagged returns against current returns
Autocorrelation, which is Amer Beacon 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 Amer Beacon's mutual fund expected returns. We can calculate the autocorrelation of Amer Beacon returns to help us make a trade decision. For example, suppose you find that Amer Beacon 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 |
Amer 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 Amer Beacon mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amer Beacon mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amer Beacon mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Amer Beacon Lagged Returns
When evaluating Amer Beacon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amer Beacon mutual fund have on its future price. Amer 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, Amer Beacon autocorrelation shows the relationship between Amer Beacon mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amer Beacon Ark.
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 Amer Mutual Fund
Amer Beacon financial ratios help investors to determine whether Amer 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 Amer with respect to the benefits of owning Amer Beacon security.
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