Ab Massachusetts Portfolio Fund Market Value
| AMAAX Fund | USD 10.47 0.01 0.1% |
| Symbol | AMAAX |
Ab Massachusetts '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 Massachusetts' 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 Massachusetts.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ab Massachusetts on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Massachusetts Portfolio or generate 0.0% return on investment in Ab Massachusetts over 30 days. Ab Massachusetts is related to or competes with Ab Global, Ab Global, Ab Global, Ab Minnesota, Ab Minnesota, Ab All, and Ab All. The fund invests at least 80 percent of its net assets in municipal securities that pay interest that is exempt from fed... More
Ab Massachusetts 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 Massachusetts' 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 Massachusetts Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3183 | |||
| Information Ratio | (0.60) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.2896 |
Ab Massachusetts Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Massachusetts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Massachusetts' standard deviation. In reality, there are many statistical measures that can use Ab Massachusetts historical prices to predict the future Ab Massachusetts' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | 0.1034 |
Ab Massachusetts Por Backtested Returns
At this stage we consider AMAAX Mutual Fund to be very steady. Ab Massachusetts Por retains Efficiency (Sharpe Ratio) of 0.0149, which signifies that the fund had a 0.0149% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Ab Massachusetts, which you can use to evaluate the volatility of the entity. Please confirm Ab Massachusetts' Coefficient Of Variation of 12730.89, market risk adjusted performance of 0.1134, and Standard Deviation of 0.213 to double-check if the risk estimate we provide is consistent with the expected return of 0.0032%. The fund owns a Beta (Systematic Risk) of -0.0805, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ab Massachusetts are expected to decrease at a much lower rate. During the bear market, Ab Massachusetts is likely to outperform the market.
Auto-correlation | 0.21 |
Weak predictability
Ab Massachusetts Portfolio has weak predictability. Overlapping area represents the amount of predictability between Ab Massachusetts time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Massachusetts Por price movement. The serial correlation of 0.21 indicates that over 21.0% of current Ab Massachusetts price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ab Massachusetts Por lagged returns against current returns
Autocorrelation, which is Ab Massachusetts 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 Massachusetts' mutual fund expected returns. We can calculate the autocorrelation of Ab Massachusetts returns to help us make a trade decision. For example, suppose you find that Ab Massachusetts 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 Massachusetts 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 Massachusetts mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Massachusetts 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 Massachusetts mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Massachusetts Lagged Returns
When evaluating Ab Massachusetts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Massachusetts mutual fund have on its future price. Ab Massachusetts 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 Massachusetts autocorrelation shows the relationship between Ab Massachusetts mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Massachusetts Portfolio.
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 AMAAX Mutual Fund
Ab Massachusetts financial ratios help investors to determine whether AMAAX 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 AMAAX with respect to the benefits of owning Ab Massachusetts security.
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