Aamhimco Short Duration Fund Market Value
| ASDCX Fund | USD 9.97 0.01 0.10% |
| Symbol | Aamhimco |
Aamhimco Short '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 Aamhimco Short'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 Aamhimco Short.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Aamhimco Short on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Aamhimco Short Duration or generate 0.0% return on investment in Aamhimco Short over 30 days. Aamhimco Short is related to or competes with Aam/himco Short, Aam/himco Short, Aam/bahl Gaynor, Aam/bahl Gaynor, Aam/bahl Gaynor, and Aam Select. The fund has an investment policy whereby at least 80 percent of the funds net assets will be invested, under normal cir... More
Aamhimco Short 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 Aamhimco Short'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 Aamhimco Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1247 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 0.4028 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.201 |
Aamhimco Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aamhimco Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aamhimco Short's standard deviation. In reality, there are many statistical measures that can use Aamhimco Short historical prices to predict the future Aamhimco Short's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aamhimco Short'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.
Aamhimco Short Duration Backtested Returns
At this stage we consider Aamhimco Mutual Fund to be very steady. Aamhimco Short Duration secures Sharpe Ratio (or Efficiency) of 0.0954, which signifies that the fund had a 0.0954% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Aamhimco Short Duration, which you can use to evaluate the volatility of the entity. Please confirm Aamhimco Short's Mean Deviation of 0.0601, risk adjusted performance of (0.01), and Coefficient Of Variation of 1137.09 to double-check if the risk estimate we provide is consistent with the expected return of 0.0083%. The fund shows a Beta (market volatility) of 0.0169, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aamhimco Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aamhimco Short is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
Aamhimco Short Duration has average predictability. Overlapping area represents the amount of predictability between Aamhimco Short time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aamhimco Short Duration price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Aamhimco Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aamhimco Short Duration lagged returns against current returns
Autocorrelation, which is Aamhimco Short 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 Aamhimco Short's mutual fund expected returns. We can calculate the autocorrelation of Aamhimco Short returns to help us make a trade decision. For example, suppose you find that Aamhimco Short 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 |
Aamhimco Short 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 Aamhimco Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aamhimco Short mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aamhimco Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aamhimco Short Lagged Returns
When evaluating Aamhimco Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aamhimco Short mutual fund have on its future price. Aamhimco Short 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, Aamhimco Short autocorrelation shows the relationship between Aamhimco Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aamhimco Short Duration.
Regressed Prices |
| Timeline |
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Other Information on Investing in Aamhimco Mutual Fund
Aamhimco Short financial ratios help investors to determine whether Aamhimco 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 Aamhimco with respect to the benefits of owning Aamhimco Short security.
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