Acm Dynamic Opportunity Fund Market Value
| ADOAX Fund | USD 21.04 0.13 0.61% |
| Symbol | Acm |
Acm Dynamic '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 Acm Dynamic'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 Acm Dynamic.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Acm Dynamic on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Acm Dynamic Opportunity or generate 0.0% return on investment in Acm Dynamic over 690 days. Acm Dynamic is related to or competes with Artisan Small, T Rowe, Nationwide Growth, Growth Opportunities, Victory Rs, Eip Growth, and Chase Growth. Under normal market conditions, the fund seeks to achieve its investment objective by investing in domestic and foreign ... More
Acm Dynamic 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 Acm Dynamic'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 Acm Dynamic Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7684 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.92 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.0 |
Acm Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acm Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acm Dynamic's standard deviation. In reality, there are many statistical measures that can use Acm Dynamic historical prices to predict the future Acm Dynamic's volatility.| Risk Adjusted Performance | 0.0501 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0674 |
Acm Dynamic Opportunity Backtested Returns
At this stage we consider Acm Mutual Fund to be very steady. Acm Dynamic Opportunity secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Acm Dynamic Opportunity, which you can use to evaluate the volatility of the entity. Please confirm Acm Dynamic's Mean Deviation of 0.4292, risk adjusted performance of 0.0501, and Downside Deviation of 0.7684 to double-check if the risk estimate we provide is consistent with the expected return of 0.0789%. The fund shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Acm Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Acm Dynamic is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Acm Dynamic Opportunity has modest predictability. Overlapping area represents the amount of predictability between Acm Dynamic time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 Acm Dynamic Opportunity price movement. The serial correlation of 0.54 indicates that about 54.0% of current Acm Dynamic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 1.12 |
Acm Dynamic Opportunity lagged returns against current returns
Autocorrelation, which is Acm Dynamic 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 Acm Dynamic's mutual fund expected returns. We can calculate the autocorrelation of Acm Dynamic returns to help us make a trade decision. For example, suppose you find that Acm Dynamic 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 |
Acm Dynamic 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 Acm Dynamic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acm Dynamic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acm Dynamic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Acm Dynamic Lagged Returns
When evaluating Acm Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acm Dynamic mutual fund have on its future price. Acm Dynamic 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, Acm Dynamic autocorrelation shows the relationship between Acm Dynamic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Acm Dynamic Opportunity.
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 Acm Mutual Fund
Acm Dynamic financial ratios help investors to determine whether Acm 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 Acm with respect to the benefits of owning Acm Dynamic security.
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