Archer Stock Fund Market Value
| ARSKX Fund | USD 76.46 0.37 0.49% |
| Symbol | Archer |
Archer Stock '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 Archer Stock'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 Archer Stock.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Archer Stock on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Archer Stock Fund or generate 0.0% return on investment in Archer Stock over 30 days. Archer Stock is related to or competes with Western Asset, Nationwide Inflation-protec, The Hartford, Aqr Managed, American Funds, and Guidepath(r) Managed. Under normal market conditions, the fund will invest at least 80 percent of its assets in a portfolio of common stocks a... More
Archer Stock 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 Archer Stock'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 Archer Stock Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7099 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.06 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.9387 |
Archer Stock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Archer Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Archer Stock's standard deviation. In reality, there are many statistical measures that can use Archer Stock historical prices to predict the future Archer Stock's volatility.| Risk Adjusted Performance | 0.0183 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0099 |
Archer Stock Backtested Returns
At this stage we consider Archer Mutual Fund to be very steady. Archer Stock secures Sharpe Ratio (or Efficiency) of 0.0656, which signifies that the fund had a 0.0656% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Archer Stock Fund, which you can use to evaluate the volatility of the entity. Please confirm Archer Stock's risk adjusted performance of 0.0183, and Mean Deviation of 0.4811 to double-check if the risk estimate we provide is consistent with the expected return of 0.0403%. The fund shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Archer Stock's returns are expected to increase less than the market. However, during the bear market, the loss of holding Archer Stock is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
Archer Stock Fund has very good predictability. Overlapping area represents the amount of predictability between Archer Stock time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Archer Stock price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Archer Stock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Archer Stock lagged returns against current returns
Autocorrelation, which is Archer Stock 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 Archer Stock's mutual fund expected returns. We can calculate the autocorrelation of Archer Stock returns to help us make a trade decision. For example, suppose you find that Archer Stock 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 |
Archer Stock 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 Archer Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Archer Stock mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Archer Stock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Archer Stock Lagged Returns
When evaluating Archer Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Archer Stock mutual fund have on its future price. Archer Stock 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, Archer Stock autocorrelation shows the relationship between Archer Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Archer Stock Fund.
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 Archer Mutual Fund
Archer Stock financial ratios help investors to determine whether Archer 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 Archer with respect to the benefits of owning Archer Stock security.
| Global Correlations Find global opportunities by holding instruments from different markets | |
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