Amg Gwk Smallmid Fund Market Value
| GWGVX Fund | USD 20.12 0.38 1.93% |
| Symbol | Amg |
Amg Gwk '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 Amg Gwk'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 Amg Gwk.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Amg Gwk on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Amg Gwk Smallmid or generate 0.0% return on investment in Amg Gwk over 30 days. Amg Gwk is related to or competes with Usaa Mutual. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings fo... More
Amg Gwk 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 Amg Gwk'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 Amg Gwk Smallmid upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9543 | |||
| Information Ratio | 0.0171 | |||
| Maximum Drawdown | 6.58 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.93 |
Amg Gwk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amg Gwk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amg Gwk's standard deviation. In reality, there are many statistical measures that can use Amg Gwk historical prices to predict the future Amg Gwk's volatility.| Risk Adjusted Performance | 0.0921 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0197 | |||
| Treynor Ratio | 0.0943 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amg Gwk'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.
Amg Gwk Smallmid Backtested Returns
At this stage we consider Amg Mutual Fund to be very steady. Amg Gwk Smallmid secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Amg Gwk Smallmid, which you can use to evaluate the volatility of the entity. Please confirm Amg Gwk's mean deviation of 0.7632, and Risk Adjusted Performance of 0.0921 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 1.25, 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, Amg Gwk will likely underperform.
Auto-correlation | 0.22 |
Weak predictability
Amg Gwk Smallmid has weak predictability. Overlapping area represents the amount of predictability between Amg Gwk time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Amg Gwk Smallmid price movement. The serial correlation of 0.22 indicates that over 22.0% of current Amg Gwk price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Amg Gwk Smallmid lagged returns against current returns
Autocorrelation, which is Amg Gwk 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 Amg Gwk's mutual fund expected returns. We can calculate the autocorrelation of Amg Gwk returns to help us make a trade decision. For example, suppose you find that Amg Gwk 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 |
Amg Gwk 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 Amg Gwk mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amg Gwk mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amg Gwk mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Amg Gwk Lagged Returns
When evaluating Amg Gwk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amg Gwk mutual fund have on its future price. Amg Gwk 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, Amg Gwk autocorrelation shows the relationship between Amg Gwk mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amg Gwk Smallmid.
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 Amg Mutual Fund
Amg Gwk financial ratios help investors to determine whether Amg 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 Amg with respect to the benefits of owning Amg Gwk security.
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