Ariel International Fund Market Value
| AINIX Fund | USD 14.35 0.11 0.76% |
| Symbol | ARIEL |
Ariel International '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 Ariel International'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 Ariel International.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ariel International on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ariel International Fund or generate 0.0% return on investment in Ariel International over 300 days. Ariel International is related to or competes with Blrc Sgy, Ambrus Core, Artisan Emerging, Transamerica Emerging, Mirova Global, and Barings Active. The fund invests primarily in equity securities of foreign companies based in developed international markets More
Ariel International 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 Ariel International'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 Ariel International Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 0.9609 |
Ariel International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ariel International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ariel International's standard deviation. In reality, there are many statistical measures that can use Ariel International historical prices to predict the future Ariel International's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.34) |
Ariel International Backtested Returns
Ariel International secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had a -0.12% return per unit of risk over the last 3 months. Ariel International Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ariel International's Standard Deviation of 0.7775, risk adjusted performance of (0.08), and Mean Deviation of 0.6209 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ariel International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ariel International is expected to be smaller as well.
Auto-correlation | 0.19 |
Very weak predictability
Ariel International Fund has very weak predictability. Overlapping area represents the amount of predictability between Ariel International time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 Ariel International price movement. The serial correlation of 0.19 indicates that over 19.0% of current Ariel International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Ariel International lagged returns against current returns
Autocorrelation, which is Ariel International 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 Ariel International's mutual fund expected returns. We can calculate the autocorrelation of Ariel International returns to help us make a trade decision. For example, suppose you find that Ariel International 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 |
Ariel International 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 Ariel International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ariel International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ariel International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ariel International Lagged Returns
When evaluating Ariel International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ariel International mutual fund have on its future price. Ariel International 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, Ariel International autocorrelation shows the relationship between Ariel International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ariel International Fund.
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 ARIEL Mutual Fund
Ariel International financial ratios help investors to determine whether ARIEL 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 ARIEL with respect to the benefits of owning Ariel International security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |