Ariel Fund Institutional Fund Market Value
| ARAIX Fund | USD 82.70 1.38 1.64% |
| Symbol | Ariel |
Ariel Fund '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 Ariel Fund'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 Ariel Fund.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Ariel Fund on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Ariel Fund Institutional or generate 0.0% return on investment in Ariel Fund over 360 days. Ariel Fund is related to or competes with Invesco Gold, International Investors, Goldman Sachs, Sprott Gold, Precious Metals, Global Gold, and Franklin Gold. The fund invests in smallmid cap undervalued companies that show strong potential for growth More
Ariel Fund 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 Ariel Fund'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 Ariel Fund Institutional upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9469 | |||
| Information Ratio | 0.0228 | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.89 |
Ariel Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ariel Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ariel Fund's standard deviation. In reality, there are many statistical measures that can use Ariel Fund historical prices to predict the future Ariel Fund's volatility.| Risk Adjusted Performance | 0.1127 | |||
| Jensen Alpha | 0.1459 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.026 | |||
| Treynor Ratio | (19.33) |
Ariel Fund Institutional Backtested Returns
At this stage we consider Ariel Mutual Fund to be very steady. Ariel Fund Institutional secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ariel Fund Institutional, which you can use to evaluate the volatility of the entity. Please confirm Ariel Fund's Risk Adjusted Performance of 0.1127, downside deviation of 0.9469, and Mean Deviation of 0.8146 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund shows a Beta (market volatility) of -0.0075, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ariel Fund are expected to decrease at a much lower rate. During the bear market, Ariel Fund is likely to outperform the market.
Auto-correlation | 0.48 |
Average predictability
Ariel Fund Institutional has average predictability. Overlapping area represents the amount of predictability between Ariel Fund time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 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 Ariel Fund Institutional price movement. The serial correlation of 0.48 indicates that about 48.0% of current Ariel Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 16.83 |
Ariel Fund Institutional lagged returns against current returns
Autocorrelation, which is Ariel Fund 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 Ariel Fund's mutual fund expected returns. We can calculate the autocorrelation of Ariel Fund returns to help us make a trade decision. For example, suppose you find that Ariel Fund 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 |
Ariel Fund 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 Ariel Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ariel Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ariel Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ariel Fund Lagged Returns
When evaluating Ariel Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ariel Fund mutual fund have on its future price. Ariel Fund 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, Ariel Fund autocorrelation shows the relationship between Ariel Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ariel Fund Institutional.
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 Ariel Mutual Fund
Ariel Fund financial ratios help investors to determine whether Ariel 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 Ariel with respect to the benefits of owning Ariel Fund security.
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