One Choice 2045 Fund Market Value
| AOOIX Fund | USD 18.65 0.08 0.43% |
| Symbol | One |
One Choice '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 One Choice'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 One Choice.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in One Choice on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding One Choice 2045 or generate 0.0% return on investment in One Choice over 30 days. One Choice is related to or competes with One Choice, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, 70082LAB3, and Sitka Gold. The fund is a fund of funds, meaning that it seeks to achieve its objective by investing in other American Century mutua... More
One Choice 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 One Choice'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 One Choice 2045 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.508 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.36 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 0.7667 |
One Choice Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for One Choice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as One Choice's standard deviation. In reality, there are many statistical measures that can use One Choice historical prices to predict the future One Choice's volatility.| Risk Adjusted Performance | 0.0626 | |||
| Jensen Alpha | 0.0328 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 10.36 |
One Choice 2045 Backtested Returns
At this stage we consider One Mutual Fund to be very steady. One Choice 2045 maintains Sharpe Ratio (i.e., Efficiency) of 0.0739, which implies the entity had a 0.0739% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for One Choice 2045, which you can use to evaluate the volatility of the fund. Please check One Choice's Coefficient Of Variation of 1116.56, risk adjusted performance of 0.0626, and Semi Deviation of 0.4162 to confirm if the risk estimate we provide is consistent with the expected return of 0.0346%. The fund holds a Beta of 0.0032, which implies not very significant fluctuations relative to the market. As returns on the market increase, One Choice's returns are expected to increase less than the market. However, during the bear market, the loss of holding One Choice is expected to be smaller as well.
Auto-correlation | 0.64 |
Good predictability
One Choice 2045 has good predictability. Overlapping area represents the amount of predictability between One Choice 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 One Choice 2045 price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current One Choice price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
One Choice 2045 lagged returns against current returns
Autocorrelation, which is One Choice 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 One Choice's mutual fund expected returns. We can calculate the autocorrelation of One Choice returns to help us make a trade decision. For example, suppose you find that One Choice 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 |
One Choice 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 One Choice mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if One Choice mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in One Choice mutual fund over time.
Current vs Lagged Prices |
| Timeline |
One Choice Lagged Returns
When evaluating One Choice's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of One Choice mutual fund have on its future price. One Choice 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, One Choice autocorrelation shows the relationship between One Choice mutual fund current value and its past values and can show if there is a momentum factor associated with investing in One Choice 2045.
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 One Mutual Fund
One Choice financial ratios help investors to determine whether One 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 One with respect to the benefits of owning One Choice security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |