Aberden Emerng Mrkts Fund Market Value
| AEMSX Fund | USD 13.75 0.04 0.29% |
| Symbol | Aberden |
Aberden Emerng '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 Aberden Emerng'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 Aberden Emerng.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Aberden Emerng on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Aberden Emerng Mrkts or generate 0.0% return on investment in Aberden Emerng over 180 days. Aberden Emerng is related to or competes with American Funds, Nationwide Inflation-protec, and Ab Bond. The fund invests primarily in common stocks, but may also invest in other types of equity securities, including, but not... More
Aberden Emerng 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 Aberden Emerng'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 Aberden Emerng Mrkts upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9725 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.29 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.74 |
Aberden Emerng Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberden Emerng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberden Emerng's standard deviation. In reality, there are many statistical measures that can use Aberden Emerng historical prices to predict the future Aberden Emerng's volatility.| Risk Adjusted Performance | 0.0033 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aberden Emerng'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.
Aberden Emerng Mrkts Backtested Returns
At this stage we consider Aberden Mutual Fund to be very steady. Aberden Emerng Mrkts secures Sharpe Ratio (or Efficiency) of 0.0185, which signifies that the fund had a 0.0185% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aberden Emerng Mrkts, which you can use to evaluate the volatility of the entity. Please confirm Aberden Emerng's mean deviation of 0.7705, and Risk Adjusted Performance of 0.0033 to double-check if the risk estimate we provide is consistent with the expected return of 0.0187%. The fund shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aberden Emerng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberden Emerng is expected to be smaller as well.
Auto-correlation | 0.38 |
Below average predictability
Aberden Emerng Mrkts has below average predictability. Overlapping area represents the amount of predictability between Aberden Emerng time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Aberden Emerng Mrkts price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Aberden Emerng price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Aberden Emerng Mrkts lagged returns against current returns
Autocorrelation, which is Aberden Emerng 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 Aberden Emerng's mutual fund expected returns. We can calculate the autocorrelation of Aberden Emerng returns to help us make a trade decision. For example, suppose you find that Aberden Emerng 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 |
Aberden Emerng 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 Aberden Emerng mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberden Emerng mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberden Emerng mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aberden Emerng Lagged Returns
When evaluating Aberden Emerng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberden Emerng mutual fund have on its future price. Aberden Emerng 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, Aberden Emerng autocorrelation shows the relationship between Aberden Emerng mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aberden Emerng Mrkts.
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 Aberden Mutual Fund
Aberden Emerng financial ratios help investors to determine whether Aberden 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 Aberden with respect to the benefits of owning Aberden Emerng security.
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