At Equity Income Fund Market Value
| AWYIX Fund | USD 65.90 0.49 0.74% |
| Symbol | AWYIX |
At 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 At 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 At Equity.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in At Equity on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding At Equity Income or generate 0.0% return on investment in At Equity over 360 days. At Equity is related to or competes with Invesco Disciplined, Cibc Atlas, At Income, At Mid, and Cibc Atlas. The fund invests in publicly traded securities without regard to market capitalizations More
At 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 At 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 At Equity Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6658 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 2.76 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.15 |
At Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for At Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as At Equity's standard deviation. In reality, there are many statistical measures that can use At Equity historical prices to predict the future At Equity's volatility.| Risk Adjusted Performance | 0.1247 | |||
| Jensen Alpha | 0.0989 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 12.18 |
At Equity Income Backtested Returns
At this stage we consider AWYIX Mutual Fund to be very steady. At Equity Income retains Efficiency (Sharpe Ratio) of 0.14, which signifies that the fund had a 0.14% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for At Equity, which you can use to evaluate the volatility of the entity. Please confirm At Equity's Standard Deviation of 0.6678, market risk adjusted performance of 12.19, and Coefficient Of Variation of 607.61 to double-check if the risk estimate we provide is consistent with the expected return of 0.0964%. The fund owns a Beta (Systematic Risk) of 0.0082, which signifies not very significant fluctuations relative to the market. As returns on the market increase, At Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding At Equity is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
At Equity Income has very good predictability. Overlapping area represents the amount of predictability between At Equity time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 At Equity Income price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current At Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 6.35 |
At Equity Income lagged returns against current returns
Autocorrelation, which is At 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 At Equity's mutual fund expected returns. We can calculate the autocorrelation of At Equity returns to help us make a trade decision. For example, suppose you find that At 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 |
At 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 At Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if At 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 At Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
At Equity Lagged Returns
When evaluating At Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of At Equity mutual fund have on its future price. At 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, At Equity autocorrelation shows the relationship between At Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in At 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.Other Information on Investing in AWYIX Mutual Fund
At Equity financial ratios help investors to determine whether AWYIX 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 AWYIX with respect to the benefits of owning At Equity security.
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