Aberdeen Global Unconstrained Fund Market Value
| AGCIX Fund | USD 8.78 0.01 0.11% |
| Symbol | Aberdeen |
Aberdeen Global '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 Aberdeen Global'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 Aberdeen Global.
| 05/08/2023 |
| 11/28/2024 |
If you would invest 0.00 in Aberdeen Global on May 8, 2023 and sell it all today you would earn a total of 0.00 from holding Aberdeen Global Unconstrained or generate 0.0% return on investment in Aberdeen Global over 570 days. Aberdeen Global is related to or competes with Prudential Jennison, Ambrus Core, T Rowe, Mirova Global, and Rbc Bluebay. Under normal circumstances, at least 80 percent of the funds net assets will be invested in U.S More
Aberdeen Global 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 Aberdeen Global'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 Aberdeen Global Unconstrained upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.64) | |||
| Maximum Drawdown | 0.8003 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.3417 |
Aberdeen Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Global's standard deviation. In reality, there are many statistical measures that can use Aberdeen Global historical prices to predict the future Aberdeen Global's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.2612 |
Aberdeen Global Unco Backtested Returns
At this stage we consider Aberdeen Mutual Fund to be very steady. Aberdeen Global Unco secures Sharpe Ratio (or Efficiency) of 0.0097, which signifies that the fund had a 0.0097% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Aberdeen Global Unconstrained, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen Global's mean deviation of 0.14, and Risk Adjusted Performance of (0.03) to double-check if the risk estimate we provide is consistent with the expected return of 0.002%. The fund shows a Beta (market volatility) of -0.0441, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aberdeen Global are expected to decrease at a much lower rate. During the bear market, Aberdeen Global is likely to outperform the market.
Auto-correlation | 0.19 |
Very weak predictability
Aberdeen Global Unconstrained has very weak predictability. Overlapping area represents the amount of predictability between Aberdeen Global time series from 8th of May 2023 to 17th of February 2024 and 17th of February 2024 to 28th 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 Aberdeen Global Unco price movement. The serial correlation of 0.19 indicates that over 19.0% of current Aberdeen Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Aberdeen Global Unco lagged returns against current returns
Autocorrelation, which is Aberdeen Global 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 Aberdeen Global's mutual fund expected returns. We can calculate the autocorrelation of Aberdeen Global returns to help us make a trade decision. For example, suppose you find that Aberdeen Global 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 |
Aberdeen Global 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 Aberdeen Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Global Lagged Returns
When evaluating Aberdeen Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Global mutual fund have on its future price. Aberdeen Global 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, Aberdeen Global autocorrelation shows the relationship between Aberdeen Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Global Unconstrained.
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 Aberdeen Mutual Fund
Aberdeen Global financial ratios help investors to determine whether Aberdeen 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 Aberdeen with respect to the benefits of owning Aberdeen Global security.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |