Artisan Global Discovery Fund Market Value
| APDDX Fund | USD 21.65 0.26 1.22% |
| Symbol | Artisan |
Artisan Global '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 Artisan Global'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 Artisan Global.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Artisan Global on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Artisan Global Discovery or generate 0.0% return on investment in Artisan Global over 30 days. Artisan Global is related to or competes with Qs Moderate, Blackrock Moderate, Jp Morgan, American Funds, Fidelity Managed, Lifestyle, and Moderately Aggressive. The funds investment team employs a fundamental investment process to construct a diversified portfolio of U.S More
Artisan Global 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 Artisan Global'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 Artisan Global Discovery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.0048 | |||
| Maximum Drawdown | 4.6 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.42 |
Artisan Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artisan Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Artisan Global's standard deviation. In reality, there are many statistical measures that can use Artisan Global historical prices to predict the future Artisan Global's volatility.| Risk Adjusted Performance | 0.1097 | |||
| Jensen Alpha | 0.0195 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0041 | |||
| Treynor Ratio | 0.143 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Artisan Global'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.
Artisan Global Discovery Backtested Returns
At this stage we consider Artisan Mutual Fund to be very steady. Artisan Global Discovery secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Artisan Global Discovery, which you can use to evaluate the volatility of the entity. Please confirm Artisan Global's Mean Deviation of 0.7224, downside deviation of 1.15, and Risk Adjusted Performance of 0.1097 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 0.88, which signifies possible diversification benefits within a given portfolio. Artisan Global returns are very sensitive to returns on the market. As the market goes up or down, Artisan Global is expected to follow.
Auto-correlation | 0.59 |
Modest predictability
Artisan Global Discovery has modest predictability. Overlapping area represents the amount of predictability between Artisan Global 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 Artisan Global Discovery price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Artisan Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Artisan Global Discovery lagged returns against current returns
Autocorrelation, which is Artisan Global 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 Artisan Global's mutual fund expected returns. We can calculate the autocorrelation of Artisan Global returns to help us make a trade decision. For example, suppose you find that Artisan Global 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 |
Artisan Global 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 Artisan Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Artisan Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Artisan Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Artisan Global Lagged Returns
When evaluating Artisan Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Artisan Global mutual fund have on its future price. Artisan Global 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, Artisan Global autocorrelation shows the relationship between Artisan Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Artisan Global Discovery.
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 Artisan Mutual Fund
Artisan Global financial ratios help investors to determine whether Artisan 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 Artisan with respect to the benefits of owning Artisan Global security.
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