Ab Centrated International Fund Market Value
| CIAGX Fund | USD 10.46 0.04 0.38% |
| Symbol | CIAGX |
Ab Concentrated '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 Concentrated'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 Concentrated.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Ab Concentrated on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Centrated International or generate 0.0% return on investment in Ab Concentrated over 30 days. Ab Concentrated is related to or competes with Champlain Small, Ab Small, Vanguard Small-cap, Jpmorgan Small, Ab Small, Baird Small/mid, and The Hartford. The Adviser seeks to achieve the funds investment objective by investing, under normal circumstances, primarily in commo... More
Ab Concentrated 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 Concentrated'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 Centrated International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 5.82 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.32 |
Ab Concentrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Concentrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Concentrated's standard deviation. In reality, there are many statistical measures that can use Ab Concentrated historical prices to predict the future Ab Concentrated's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.15) |
Ab Centrated Interna Backtested Returns
Ab Centrated Interna retains Efficiency (Sharpe Ratio) of -0.0626, which signifies that the fund had a -0.0626% return per unit of price deviation over the last 3 months. Ab Concentrated exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Concentrated's Market Risk Adjusted Performance of (0.14), variance of 1.05, and Information Ratio of (0.21) to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ab Concentrated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab Concentrated is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
Ab Centrated International has poor reverse predictability. Overlapping area represents the amount of predictability between Ab Concentrated 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 Ab Centrated Interna price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Ab Concentrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ab Centrated Interna lagged returns against current returns
Autocorrelation, which is Ab Concentrated 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 Concentrated's mutual fund expected returns. We can calculate the autocorrelation of Ab Concentrated returns to help us make a trade decision. For example, suppose you find that Ab Concentrated 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 Concentrated 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 Concentrated mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Concentrated 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 Concentrated mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Concentrated Lagged Returns
When evaluating Ab Concentrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Concentrated mutual fund have on its future price. Ab Concentrated 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 Concentrated autocorrelation shows the relationship between Ab Concentrated mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Centrated International.
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 CIAGX Mutual Fund
Ab Concentrated financial ratios help investors to determine whether CIAGX 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 CIAGX with respect to the benefits of owning Ab Concentrated security.
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