Ab Servative Wealth Fund Market Value
| APWIX Fund | USD 13.02 0.04 0.31% |
| Symbol | APWIX |
Ab Conservative '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 Conservative'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 Conservative.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Ab Conservative on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Servative Wealth or generate 0.0% return on investment in Ab Conservative over 30 days. Ab Conservative is related to or competes with Ab Global, Ab Global, Ab Global, Ab Minnesota, Ab Minnesota, Ab All, and Ab All. The fund invests in a diversified portfolio of equity and fixed-income securities More
Ab Conservative 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 Conservative'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 Servative Wealth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6067 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 2.4 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.7042 |
Ab Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Conservative's standard deviation. In reality, there are many statistical measures that can use Ab Conservative historical prices to predict the future Ab Conservative's volatility.| Risk Adjusted Performance | 0.009 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (0) |
Ab Servative Wealth Backtested Returns
At this stage we consider APWIX Mutual Fund to be very steady. Ab Servative Wealth retains Efficiency (Sharpe Ratio) of 0.0467, which signifies that the fund had a 0.0467% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Ab Conservative, which you can use to evaluate the volatility of the entity. Please confirm Ab Conservative's Coefficient Of Variation of 5211.05, standard deviation of 0.4866, and Market Risk Adjusted Performance of 0.0086 to double-check if the risk estimate we provide is consistent with the expected return of 0.0216%. The fund owns a Beta (Systematic Risk) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ab Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab Conservative is expected to be smaller as well.
Auto-correlation | 0.69 |
Good predictability
Ab Servative Wealth has good predictability. Overlapping area represents the amount of predictability between Ab Conservative 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 Servative Wealth price movement. The serial correlation of 0.69 indicates that around 69.0% of current Ab Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ab Servative Wealth lagged returns against current returns
Autocorrelation, which is Ab Conservative 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 Conservative's mutual fund expected returns. We can calculate the autocorrelation of Ab Conservative returns to help us make a trade decision. For example, suppose you find that Ab Conservative 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 Conservative 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 Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Conservative 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 Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Conservative Lagged Returns
When evaluating Ab Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Conservative mutual fund have on its future price. Ab Conservative 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 Conservative autocorrelation shows the relationship between Ab Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Servative Wealth.
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 APWIX Mutual Fund
Ab Conservative financial ratios help investors to determine whether APWIX 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 APWIX with respect to the benefits of owning Ab Conservative security.
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