Ab Minnesota Portfolio Fund Market Value
| AMNCX Fund | USD 9.66 0.04 0.42% |
| Symbol | AMNCX |
Ab Minnesota '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 Minnesota'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 Minnesota.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Ab Minnesota on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Minnesota Portfolio or generate 0.0% return on investment in Ab Minnesota over 30 days. Ab Minnesota is related to or competes with Gold And, James Balanced, Global Gold, Europac Gold, Short Precious, Gabelli Gold, and Ocm Mutual. The fund normally invests at least 80 percent of its net assets in municipal securities that pay interest that is exempt... More
Ab Minnesota 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 Minnesota'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 Minnesota Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.67) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.3132 |
Ab Minnesota Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Minnesota's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Minnesota's standard deviation. In reality, there are many statistical measures that can use Ab Minnesota historical prices to predict the future Ab Minnesota's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.1486 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ab Minnesota'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.
Ab Minnesota Portfolio Backtested Returns
At this stage we consider AMNCX Mutual Fund to be very steady. Ab Minnesota Portfolio retains Efficiency (Sharpe Ratio) of 0.0169, which signifies that the fund had a 0.0169% return per unit of price deviation over the last 3 months. We have found twenty-two technical indicators for Ab Minnesota, which you can use to evaluate the volatility of the entity. Please confirm Ab Minnesota's Market Risk Adjusted Performance of 0.1586, information ratio of (0.67), and Variance of 0.0384 to double-check if the risk estimate we provide is consistent with the expected return of 0.0034%. The fund owns a Beta (Systematic Risk) of -0.0766, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ab Minnesota are expected to decrease at a much lower rate. During the bear market, Ab Minnesota is likely to outperform the market.
Auto-correlation | 0.28 |
Poor predictability
Ab Minnesota Portfolio has poor predictability. Overlapping area represents the amount of predictability between Ab Minnesota time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Minnesota Portfolio price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Ab Minnesota price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ab Minnesota Portfolio lagged returns against current returns
Autocorrelation, which is Ab Minnesota 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 Minnesota's mutual fund expected returns. We can calculate the autocorrelation of Ab Minnesota returns to help us make a trade decision. For example, suppose you find that Ab Minnesota 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 Minnesota 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 Minnesota mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Minnesota 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 Minnesota mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Minnesota Lagged Returns
When evaluating Ab Minnesota's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Minnesota mutual fund have on its future price. Ab Minnesota 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 Minnesota autocorrelation shows the relationship between Ab Minnesota mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Minnesota 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 AMNCX Mutual Fund
Ab Minnesota financial ratios help investors to determine whether AMNCX 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 AMNCX with respect to the benefits of owning Ab Minnesota security.
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