Aberdeen Small Cap Fund Market Value
| GNSRX Fund | USD 32.35 0.01 0.03% |
| Symbol | Aberdeen |
Aberdeen Small '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 Aberdeen Small'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 Aberdeen Small.
| 08/05/2023 |
| 11/27/2024 |
If you would invest 0.00 in Aberdeen Small on August 5, 2023 and sell it all today you would earn a total of 0.00 from holding Aberdeen Small Cap or generate 0.0% return on investment in Aberdeen Small over 480 days. Aberdeen Small is related to or competes with Jhancock Diversified, Blackrock Conservative, Fidelity Advisor, Pimco Diversified, and Massmutual Premier. The fund normally invests at least 80 percent of the value of its net assets, plus any borrowings for investment purpose... More
Aberdeen Small 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 Aberdeen Small'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 Aberdeen Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9793 | |||
| Information Ratio | 0.0587 | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.88 |
Aberdeen Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Small's standard deviation. In reality, there are many statistical measures that can use Aberdeen Small historical prices to predict the future Aberdeen Small's volatility.| Risk Adjusted Performance | 0.1318 | |||
| Jensen Alpha | 0.0254 | |||
| Total Risk Alpha | 0.0021 | |||
| Sortino Ratio | 0.0717 | |||
| Treynor Ratio | 0.1389 |
Aberdeen Small Cap Backtested Returns
Aberdeen Small appears to be very steady, given 3 months investment horizon. Aberdeen Small Cap secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the fund had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aberdeen Small Cap, which you can use to evaluate the volatility of the entity. Please makes use of Aberdeen Small's risk adjusted performance of 0.1318, and Mean Deviation of 0.8171 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.37, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aberdeen Small will likely underperform.
Auto-correlation | 0.62 |
Good predictability
Aberdeen Small Cap has good predictability. Overlapping area represents the amount of predictability between Aberdeen Small time series from 5th of August 2023 to 1st of April 2024 and 1st of April 2024 to 27th 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 Aberdeen Small Cap price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Aberdeen Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 |
Aberdeen Small Cap lagged returns against current returns
Autocorrelation, which is Aberdeen Small 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 Aberdeen Small's mutual fund expected returns. We can calculate the autocorrelation of Aberdeen Small returns to help us make a trade decision. For example, suppose you find that Aberdeen Small 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 |
Aberdeen Small 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 Aberdeen Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Small Lagged Returns
When evaluating Aberdeen Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Small mutual fund have on its future price. Aberdeen Small 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, Aberdeen Small autocorrelation shows the relationship between Aberdeen Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Small Cap.
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 Aberdeen Mutual Fund
Aberdeen Small financial ratios help investors to determine whether Aberdeen 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 Aberdeen with respect to the benefits of owning Aberdeen Small security.
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