Aberdeen New (UK) Market Value
| ANII Etf | 812.00 4.00 0.50% |
| Symbol | Aberdeen |
Aberdeen New '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 New's etf 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 New.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Aberdeen New on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen New India or generate 0.0% return on investment in Aberdeen New over 30 days. Aberdeen New is related to or competes with IShares MSCI, Amundi EUR, IShares JP, Xtrackers MSCI, and Lyxor Smart. Aberdeen New is entity of United Kingdom More
Aberdeen New 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 New's etf 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 New India upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.86 |
Aberdeen New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen New's standard deviation. In reality, there are many statistical measures that can use Aberdeen New historical prices to predict the future Aberdeen New's volatility.| Risk Adjusted Performance | 0.0265 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0467 |
Aberdeen New India Backtested Returns
Currently, Aberdeen New India is very steady. Aberdeen New India secures Sharpe Ratio (or Efficiency) of 0.0439, which signifies that the etf had a 0.0439% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Aberdeen New India, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen New's mean deviation of 0.6969, and Risk Adjusted Performance of 0.0265 to double-check if the risk estimate we provide is consistent with the expected return of 0.0431%. The etf shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aberdeen New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen New is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
Aberdeen New India has good predictability. Overlapping area represents the amount of predictability between Aberdeen New time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Aberdeen New India price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Aberdeen New price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 415.64 |
Aberdeen New India lagged returns against current returns
Autocorrelation, which is Aberdeen New etf'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 New's etf expected returns. We can calculate the autocorrelation of Aberdeen New returns to help us make a trade decision. For example, suppose you find that Aberdeen New has exhibited high autocorrelation historically, and you observe that the etf 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 New 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 New etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen New etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen New etf over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen New Lagged Returns
When evaluating Aberdeen New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen New etf have on its future price. Aberdeen New 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 New autocorrelation shows the relationship between Aberdeen New etf current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen New India.
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 Etf
Aberdeen New financial ratios help investors to determine whether Aberdeen Etf 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 New security.