Ave Maria Bond Fund Market Value
| AVEFX Fund | USD 12.42 0.03 0.24% |
| Symbol | Ave |
Ave Maria '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 Ave Maria'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 Ave Maria.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Ave Maria on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Ave Maria Bond or generate 0.0% return on investment in Ave Maria over 30 days. Ave Maria is related to or competes with Fidelity Asset, Fidelity Asset, Vanguard Lifestrategy, and Strategic Asset. The fund invests primarily in investment-grade debt securities of domestic issuers, including the U.S More
Ave Maria 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 Ave Maria'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 Ave Maria Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1958 | |||
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 0.8956 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.3289 |
Ave Maria Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ave Maria's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ave Maria's standard deviation. In reality, there are many statistical measures that can use Ave Maria historical prices to predict the future Ave Maria's volatility.| Risk Adjusted Performance | 0.0711 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.51) | |||
| Treynor Ratio | 0.1249 |
Ave Maria Bond Backtested Returns
At this stage we consider Ave Mutual Fund to be very steady. Ave Maria Bond secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the fund had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Ave Maria Bond, which you can use to evaluate the volatility of the entity. Please confirm Ave Maria's risk adjusted performance of 0.0711, and Mean Deviation of 0.1599 to double-check if the risk estimate we provide is consistent with the expected return of 0.0299%. The fund shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ave Maria's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ave Maria is expected to be smaller as well.
Auto-correlation | 0.90 |
Excellent predictability
Ave Maria Bond has excellent predictability. Overlapping area represents the amount of predictability between Ave Maria time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Ave Maria Bond price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Ave Maria price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ave Maria Bond lagged returns against current returns
Autocorrelation, which is Ave Maria 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 Ave Maria's mutual fund expected returns. We can calculate the autocorrelation of Ave Maria returns to help us make a trade decision. For example, suppose you find that Ave Maria 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 |
Ave Maria 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 Ave Maria mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ave Maria mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ave Maria mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ave Maria Lagged Returns
When evaluating Ave Maria's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ave Maria mutual fund have on its future price. Ave Maria 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, Ave Maria autocorrelation shows the relationship between Ave Maria mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ave Maria Bond.
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 Ave Mutual Fund
Ave Maria financial ratios help investors to determine whether Ave 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 Ave with respect to the benefits of owning Ave Maria security.
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