Aambahl Gaynor Income Fund Market Value
| AFYCX Fund | USD 26.75 0.11 0.41% |
| Symbol | Aam/bahl |
Aam/bahl Gaynor '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 Aam/bahl Gaynor'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 Aam/bahl Gaynor.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Aam/bahl Gaynor on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Aambahl Gaynor Income or generate 0.0% return on investment in Aam/bahl Gaynor over 30 days. Aam/bahl Gaynor is related to or competes with Franklin High, Needham Aggressive, California High-yield, T Rowe, Pioneer High, and Pace High. Under normal market conditions, the fund invests at least 80 percent of its assets plus borrowings for investment purpos... More
Aam/bahl Gaynor 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 Aam/bahl Gaynor'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 Aambahl Gaynor Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6005 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 2.61 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.11 |
Aam/bahl Gaynor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aam/bahl Gaynor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aam/bahl Gaynor's standard deviation. In reality, there are many statistical measures that can use Aam/bahl Gaynor historical prices to predict the future Aam/bahl Gaynor's volatility.| Risk Adjusted Performance | 0.0652 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0661 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aam/bahl Gaynor'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.
Aambahl Gaynor Income Backtested Returns
At this stage we consider Aam/bahl Mutual Fund to be out of control. Aambahl Gaynor Income secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aambahl Gaynor Income, which you can use to evaluate the volatility of the entity. Please confirm Aam/bahl Gaynor's Risk Adjusted Performance of 0.0652, downside deviation of 0.6005, and Mean Deviation of 0.5008 to double-check if the risk estimate we provide is consistent with the expected return of 0.0616%. The fund shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aam/bahl Gaynor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aam/bahl Gaynor is expected to be smaller as well.
Auto-correlation | 0.91 |
Excellent predictability
Aambahl Gaynor Income has excellent predictability. Overlapping area represents the amount of predictability between Aam/bahl Gaynor time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Aambahl Gaynor Income price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Aam/bahl Gaynor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Aambahl Gaynor Income lagged returns against current returns
Autocorrelation, which is Aam/bahl Gaynor 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 Aam/bahl Gaynor's mutual fund expected returns. We can calculate the autocorrelation of Aam/bahl Gaynor returns to help us make a trade decision. For example, suppose you find that Aam/bahl Gaynor 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 |
Aam/bahl Gaynor 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 Aam/bahl Gaynor mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aam/bahl Gaynor mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aam/bahl Gaynor mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aam/bahl Gaynor Lagged Returns
When evaluating Aam/bahl Gaynor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aam/bahl Gaynor mutual fund have on its future price. Aam/bahl Gaynor 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, Aam/bahl Gaynor autocorrelation shows the relationship between Aam/bahl Gaynor mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aambahl Gaynor Income.
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 Aam/bahl Mutual Fund
Aam/bahl Gaynor financial ratios help investors to determine whether Aam/bahl 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 Aam/bahl with respect to the benefits of owning Aam/bahl Gaynor security.
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