Asg Managed Futures Fund Market Value
| ASFCX Fund | USD 7.96 0.07 0.87% |
| Symbol | Asg |
Asg Managed '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 Asg Managed'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 Asg Managed.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Asg Managed on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Asg Managed Futures or generate 0.0% return on investment in Asg Managed over 30 days. Asg Managed is related to or competes with Aqr Managed, Pimco Trends, Eaton Vance, and Aqr Managed. The Adviser typically will make extensive use of a variety of derivative instruments, including futures and forward cont... More
Asg Managed 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 Asg Managed'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 Asg Managed Futures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 2.41 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 0.7538 |
Asg Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asg Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asg Managed's standard deviation. In reality, there are many statistical measures that can use Asg Managed historical prices to predict the future Asg Managed's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Asg Managed'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.
Asg Managed Futures Backtested Returns
Asg Managed Futures secures Sharpe Ratio (or Efficiency) of -0.0344, which signifies that the fund had a -0.0344% return per unit of standard deviation over the last 3 months. Asg Managed Futures exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asg Managed's mean deviation of 0.3969, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0683, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asg Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asg Managed is expected to be smaller as well.
Auto-correlation | 0.57 |
Modest predictability
Asg Managed Futures has modest predictability. Overlapping area represents the amount of predictability between Asg Managed time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Asg Managed Futures price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Asg Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Asg Managed Futures lagged returns against current returns
Autocorrelation, which is Asg Managed 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 Asg Managed's mutual fund expected returns. We can calculate the autocorrelation of Asg Managed returns to help us make a trade decision. For example, suppose you find that Asg Managed 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 |
Asg Managed 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 Asg Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asg Managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asg Managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Asg Managed Lagged Returns
When evaluating Asg Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asg Managed mutual fund have on its future price. Asg Managed 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, Asg Managed autocorrelation shows the relationship between Asg Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Asg Managed Futures.
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 Asg Mutual Fund
Asg Managed financial ratios help investors to determine whether Asg 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 Asg with respect to the benefits of owning Asg Managed security.
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