Abrdn Em Sma Fund Market Value
| ASEMX Fund | 8.67 0.01 0.12% |
| Symbol | Abrdn |
Abrdn Em '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 Abrdn Em'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 Abrdn Em.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Abrdn Em on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Abrdn Em Sma or generate 0.0% return on investment in Abrdn Em over 30 days. Abrdn Em is related to or competes with Kinetics Small, Champlain Small, Qs Us, Ab Small, Small Pany, Ancora/thelen Small-mid, and M3sixty Capital. The fund will invest primarily in common stocks, but may also invest in other types of equity securities, including, but... More
Abrdn Em 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 Abrdn Em'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 Abrdn Em Sma upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 4.49 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.42 |
Abrdn Em Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abrdn Em's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Abrdn Em's standard deviation. In reality, there are many statistical measures that can use Abrdn Em historical prices to predict the future Abrdn Em's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.08) |
Abrdn Em Sma Backtested Returns
Abrdn Em Sma secures Sharpe Ratio (or Efficiency) of -0.0308, which signifies that the fund had a -0.0308% return per unit of risk over the last 3 months. Abrdn Em Sma exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Abrdn Em's Mean Deviation of 0.6889, risk adjusted performance of (0.01), and Standard Deviation of 0.907 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Abrdn Em's returns are expected to increase less than the market. However, during the bear market, the loss of holding Abrdn Em is expected to be smaller as well.
Auto-correlation | 0.62 |
Good predictability
Abrdn Em Sma has good predictability. Overlapping area represents the amount of predictability between Abrdn Em time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Abrdn Em Sma price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Abrdn Em price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Abrdn Em Sma lagged returns against current returns
Autocorrelation, which is Abrdn Em 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 Abrdn Em's mutual fund expected returns. We can calculate the autocorrelation of Abrdn Em returns to help us make a trade decision. For example, suppose you find that Abrdn Em 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 |
Abrdn Em 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 Abrdn Em mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Abrdn Em mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Abrdn Em mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Abrdn Em Lagged Returns
When evaluating Abrdn Em's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Abrdn Em mutual fund have on its future price. Abrdn Em 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, Abrdn Em autocorrelation shows the relationship between Abrdn Em mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Abrdn Em Sma.
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 Abrdn Mutual Fund
Abrdn Em financial ratios help investors to determine whether Abrdn 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 Abrdn with respect to the benefits of owning Abrdn Em security.
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