Ab Ohio Portfolio Fund Market Value
| AOHCX Fund | USD 9.43 0.02 0.21% |
| Symbol | AOHCX |
Ab Ohio '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 Ohio'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 Ohio.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Ab Ohio on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Ohio Portfolio or generate 0.0% return on investment in Ab Ohio over 30 days. Ab Ohio is related to or competes with Ab Minnesota, Ab National, Ab Massachusetts, Ab Pennsylvania, and Ab Arizona. The fund invests at least 80 percent of its net assets in municipal securities that pay interest that is exempt from fed... More
Ab Ohio 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 Ohio'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 Ohio Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3268 | |||
| Information Ratio | (0.59) | |||
| Maximum Drawdown | 1.18 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.3205 |
Ab Ohio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Ohio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Ohio's standard deviation. In reality, there are many statistical measures that can use Ab Ohio historical prices to predict the future Ab Ohio's volatility.| Risk Adjusted Performance | 0.0213 | |||
| Jensen Alpha | 0.0124 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.38) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ab Ohio'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 Ohio Portfolio Backtested Returns
At this stage we consider AOHCX Mutual Fund to be very steady. Ab Ohio Portfolio retains Efficiency (Sharpe Ratio) of 0.0476, which signifies that the fund had a 0.0476% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Ab Ohio, which you can use to evaluate the volatility of the entity. Please confirm Ab Ohio's Coefficient Of Variation of 1618.09, standard deviation of 0.2125, and Market Risk Adjusted Performance of (0.03) to double-check if the risk estimate we provide is consistent with the expected return of 0.0102%. The fund owns a Beta (Systematic Risk) of -0.0725, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ab Ohio are expected to decrease at a much lower rate. During the bear market, Ab Ohio is likely to outperform the market.
Auto-correlation | 0.43 |
Average predictability
Ab Ohio Portfolio has average predictability. Overlapping area represents the amount of predictability between Ab Ohio time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Ohio Portfolio price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Ab Ohio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ab Ohio Portfolio lagged returns against current returns
Autocorrelation, which is Ab Ohio 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 Ohio's mutual fund expected returns. We can calculate the autocorrelation of Ab Ohio returns to help us make a trade decision. For example, suppose you find that Ab Ohio 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 Ohio 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 Ohio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Ohio 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 Ohio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Ohio Lagged Returns
When evaluating Ab Ohio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Ohio mutual fund have on its future price. Ab Ohio 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 Ohio autocorrelation shows the relationship between Ab Ohio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Ohio 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 AOHCX Mutual Fund
Ab Ohio financial ratios help investors to determine whether AOHCX 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 AOHCX with respect to the benefits of owning Ab Ohio security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |