Astor Star Fund Market Value

ASPGX Fund  USD 16.42  0.08  0.49%   
Astor Star's market value is the price at which a share of Astor Star trades on a public exchange. It measures the collective expectations of Astor Star Fund investors about its performance. Astor Star is trading at 16.42 as of the 26th of November 2024; that is 0.49 percent up since the beginning of the trading day. The fund's open price was 16.34.
With this module, you can estimate the performance of a buy and hold strategy of Astor Star Fund and determine expected loss or profit from investing in Astor Star over a given investment horizon. Check out Astor Star Correlation, Astor Star Volatility and Astor Star Alpha and Beta module to complement your research on Astor Star.
Symbol

Please note, there is a significant difference between Astor Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astor Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astor Star's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Astor Star '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 Astor Star'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 Astor Star.
0.00
08/28/2024
No Change 0.00  0.0 
In 2 months and 31 days
11/26/2024
0.00
If you would invest  0.00  in Astor Star on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Astor Star Fund or generate 0.0% return on investment in Astor Star over 90 days. Astor Star is related to or competes with Astor Long/short, Astor Long/short, Fidelity Balanced, Thrivent Moderate, Gabelli Equity, Fidelity Fund, and Fidelity Puritan. The fund invests predominantly in exchange-traded funds that each invest primarily in equity securities, fixed-income se... More

Astor Star 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 Astor Star'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 Astor Star Fund upside and downside potential and time the market with a certain degree of confidence.

Astor Star Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Astor Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astor Star's standard deviation. In reality, there are many statistical measures that can use Astor Star historical prices to predict the future Astor Star's volatility.
Hype
Prediction
LowEstimatedHigh
15.8616.4216.98
Details
Intrinsic
Valuation
LowRealHigh
14.7817.0217.58
Details
Naive
Forecast
LowNextHigh
15.6616.2216.78
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.0316.2116.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astor Star. Your research has to be compared to or analyzed against Astor Star's peers to derive any actionable benefits. When done correctly, Astor Star's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Astor Star Fund.

Astor Star Fund Backtested Returns

At this stage we consider Astor Mutual Fund to be very steady. Astor Star Fund secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Astor Star Fund, which you can use to evaluate the volatility of the entity. Please confirm Astor Star's Mean Deviation of 0.4211, downside deviation of 0.5054, and Risk Adjusted Performance of 0.1835 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Astor Star's returns are expected to increase less than the market. However, during the bear market, the loss of holding Astor Star is expected to be smaller as well.

Auto-correlation

    
  0.79  

Good predictability

Astor Star Fund has good predictability. Overlapping area represents the amount of predictability between Astor Star time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Astor Star Fund price movement. The serial correlation of 0.79 indicates that around 79.0% of current Astor Star price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.71
Residual Average0.0
Price Variance0.08

Astor Star Fund lagged returns against current returns

Autocorrelation, which is Astor Star 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 Astor Star's mutual fund expected returns. We can calculate the autocorrelation of Astor Star returns to help us make a trade decision. For example, suppose you find that Astor Star 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  

Astor Star 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 Astor Star mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astor Star mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astor Star mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Astor Star Lagged Returns

When evaluating Astor Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astor Star mutual fund have on its future price. Astor Star 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, Astor Star autocorrelation shows the relationship between Astor Star mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Astor Star Fund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Astor Mutual Fund

Astor Star financial ratios help investors to determine whether Astor 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 Astor with respect to the benefits of owning Astor Star security.
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