Aquila Three Peaks Fund Market Value
| ATGCX Fund | USD 28.85 0.00 0.00% |
| Symbol | Aquila |
Aquila Three '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 Aquila Three'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 Aquila Three.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Aquila Three on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Aquila Three Peaks or generate 0.0% return on investment in Aquila Three over 30 days. Aquila Three is related to or competes with Fisher Small, Artisan Small, Small Pany, Ab Small, and Touchstone Small. The fund invests, under normal circumstances, at least 70 percent of its net assets in equity securities believed to hav... More
Aquila Three 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 Aquila Three'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 Aquila Three Peaks upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8727 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.38 |
Aquila Three Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aquila Three's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aquila Three's standard deviation. In reality, there are many statistical measures that can use Aquila Three historical prices to predict the future Aquila Three's volatility.| Risk Adjusted Performance | 0.089 | |||
| Jensen Alpha | 0.0753 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.6428 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aquila Three'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.
Aquila Three Peaks Backtested Returns
At this stage we consider Aquila Mutual Fund to be very steady. Aquila Three Peaks secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Aquila Three Peaks, which you can use to evaluate the volatility of the entity. Please confirm Aquila Three's Downside Deviation of 0.8727, mean deviation of 0.7073, and Risk Adjusted Performance of 0.089 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. The fund shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aquila Three's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aquila Three is expected to be smaller as well.
Auto-correlation | 0.98 |
Excellent predictability
Aquila Three Peaks has excellent predictability. Overlapping area represents the amount of predictability between Aquila Three time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Aquila Three Peaks price movement. The serial correlation of 0.98 indicates that 98.0% of current Aquila Three price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Aquila Three Peaks lagged returns against current returns
Autocorrelation, which is Aquila Three 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 Aquila Three's mutual fund expected returns. We can calculate the autocorrelation of Aquila Three returns to help us make a trade decision. For example, suppose you find that Aquila Three 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 |
Aquila Three 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 Aquila Three mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aquila Three mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aquila Three mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aquila Three Lagged Returns
When evaluating Aquila Three's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aquila Three mutual fund have on its future price. Aquila Three 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, Aquila Three autocorrelation shows the relationship between Aquila Three mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aquila Three Peaks.
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 Aquila Mutual Fund
Aquila Three financial ratios help investors to determine whether Aquila 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 Aquila with respect to the benefits of owning Aquila Three security.
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