Aim Investment Secs Fund Market Value
| GMRXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Aim |
Please note, there is a significant difference between Aim Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aim Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aim Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Aim Investment '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 Aim Investment's money market 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 Aim Investment.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Aim Investment on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Aim Investment Secs or generate 0.0% return on investment in Aim Investment over 720 days. Aim Investment is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Aim Investment is entity of United States More
Aim Investment 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 Aim Investment's money market 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 Aim Investment Secs upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.98) | |||
| Maximum Drawdown | 1.01 |
Aim Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aim Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aim Investment's standard deviation. In reality, there are many statistical measures that can use Aim Investment historical prices to predict the future Aim Investment's volatility.| Risk Adjusted Performance | 0.0426 | |||
| Jensen Alpha | 0.0056 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (2.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aim Investment'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.
Aim Investment Secs Backtested Returns
At this stage we consider Aim Money Market Fund to be not too volatile. Aim Investment Secs secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Aim Investment Secs, which you can use to evaluate the volatility of the entity. Please confirm Aim Investment's Standard Deviation of 0.1243, risk adjusted performance of 0.0426, and Mean Deviation of 0.0301 to double-check if the risk estimate we provide is consistent with the expected return of 0.0158%. The fund shows a Beta (market volatility) of -0.0026, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aim Investment are expected to decrease at a much lower rate. During the bear market, Aim Investment is likely to outperform the market.
Auto-correlation | 0.94 |
Excellent predictability
Aim Investment Secs has excellent predictability. Overlapping area represents the amount of predictability between Aim Investment time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Aim Investment Secs price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Aim Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aim Investment Secs lagged returns against current returns
Autocorrelation, which is Aim Investment money market 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 Aim Investment's money market fund expected returns. We can calculate the autocorrelation of Aim Investment returns to help us make a trade decision. For example, suppose you find that Aim Investment has exhibited high autocorrelation historically, and you observe that the money market 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 |
Aim Investment 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 Aim Investment money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aim Investment money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aim Investment money market fund over time.
Current vs Lagged Prices |
| Timeline |
Aim Investment Lagged Returns
When evaluating Aim Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aim Investment money market fund have on its future price. Aim Investment 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, Aim Investment autocorrelation shows the relationship between Aim Investment money market fund current value and its past values and can show if there is a momentum factor associated with investing in Aim Investment Secs.
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 Aim Money Market Fund
Aim Investment financial ratios help investors to determine whether Aim Money Market 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 Aim with respect to the benefits of owning Aim Investment security.
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