Ab Large Cap Fund Market Value
| ALCKX Fund | USD 105.66 0.75 0.71% |
| Symbol | ALCKX |
Ab Large '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 Ab Large'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 Ab Large.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Ab Large on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Large Cap or generate 0.0% return on investment in Ab Large over 30 days. Ab Large is related to or competes with Ab Large, Select Fund, Ab Large, and Ab Large. The fund invests primarily in equity securities of a limited number of large, carefully selected, high-quality U.S More
Ab Large 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 Ab Large'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 Ab Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.75 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.57 |
Ab Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Large's standard deviation. In reality, there are many statistical measures that can use Ab Large historical prices to predict the future Ab Large's volatility.| Risk Adjusted Performance | 0.0973 | |||
| Jensen Alpha | 2.0E-4 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1278 |
Ab Large Cap Backtested Returns
At this stage we consider ALCKX Mutual Fund to be very steady. Ab Large Cap retains Efficiency (Sharpe Ratio) of 0.17, which signifies that the fund had a 0.17% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Ab Large, which you can use to evaluate the volatility of the entity. Please confirm Ab Large's Market Risk Adjusted Performance of 0.1378, coefficient of variation of 803.39, and Standard Deviation of 0.9742 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund owns a Beta (Systematic Risk) of 0.87, which signifies possible diversification benefits within a given portfolio. Ab Large returns are very sensitive to returns on the market. As the market goes up or down, Ab Large is expected to follow.
Auto-correlation | 0.90 |
Excellent predictability
Ab Large Cap has excellent predictability. Overlapping area represents the amount of predictability between Ab Large time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Ab Large Cap price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Ab Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Ab Large Cap lagged returns against current returns
Autocorrelation, which is Ab Large 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 Ab Large's mutual fund expected returns. We can calculate the autocorrelation of Ab Large returns to help us make a trade decision. For example, suppose you find that Ab Large 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 |
Ab Large 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 Ab Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ab Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Large Lagged Returns
When evaluating Ab Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Large mutual fund have on its future price. Ab Large 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, Ab Large autocorrelation shows the relationship between Ab Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Large Cap.
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 ALCKX Mutual Fund
Ab Large financial ratios help investors to determine whether ALCKX 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 ALCKX with respect to the benefits of owning Ab Large security.
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