Ab Equity Income Fund Market Value
| AUIAX Fund | USD 32.50 0.10 0.31% |
| Symbol | AUIAX |
Ab Equity '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 Ab Equity'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 Ab Equity.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Ab Equity on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Equity Income or generate 0.0% return on investment in Ab Equity over 30 days. Ab Equity is related to or competes with Red Oak, Science Technology, Blackrock Science, Firsthand Technology, Global Technology, Janus Global, and Icon Information. The fund invests primarily in a diversified portfolio of equity securities of U.S More
Ab Equity 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 Ab Equity'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 Ab Equity Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.98 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 0.9636 |
Ab Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Equity's standard deviation. In reality, there are many statistical measures that can use Ab Equity historical prices to predict the future Ab Equity's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.56) |
Ab Equity Income Backtested Returns
Ab Equity Income retains Efficiency (Sharpe Ratio) of -0.0927, which signifies that the fund had a -0.0927% return per unit of price deviation over the last 3 months. Ab Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Equity's Information Ratio of (0.09), market risk adjusted performance of (0.55), and Variance of 1.56 to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ab Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab Equity is expected to be smaller as well.
Auto-correlation | 0.48 |
Average predictability
Ab Equity Income has average predictability. Overlapping area represents the amount of predictability between Ab Equity time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 Ab Equity Income price movement. The serial correlation of 0.48 indicates that about 48.0% of current Ab Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Ab Equity Income lagged returns against current returns
Autocorrelation, which is Ab Equity 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 Ab Equity's mutual fund expected returns. We can calculate the autocorrelation of Ab Equity returns to help us make a trade decision. For example, suppose you find that Ab Equity 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 |
Ab Equity 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 Ab Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ab Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Equity Lagged Returns
When evaluating Ab Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Equity mutual fund have on its future price. Ab Equity 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, Ab Equity autocorrelation shows the relationship between Ab Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Equity Income.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in AUIAX Mutual Fund
Ab Equity financial ratios help investors to determine whether AUIAX 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 AUIAX with respect to the benefits of owning Ab Equity security.
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