Aberdeen Equity A Fund Market Value
| GXXAX Fund | USD 12.40 0.05 0.40% |
| Symbol | Aberdeen |
Aberdeen 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 Aberdeen 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 Aberdeen Equity.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Aberdeen Equity on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen Equity A or generate 0.0% return on investment in Aberdeen Equity over 30 days. Aberdeen Equity is related to or competes with Blrc Sgy, Artisan High, Ultra-short Fixed, Ab Global, Rbc Ultra-short, Touchstone Premium, and Bbh Intermediate. The fund seeks to achieve its investment objective of seeking long-term capital appreciation by investing primarily in e... More
Aberdeen 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 Aberdeen 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 Aberdeen Equity A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8271 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.18 |
Aberdeen Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Equity's standard deviation. In reality, there are many statistical measures that can use Aberdeen Equity historical prices to predict the future Aberdeen Equity's volatility.| Risk Adjusted Performance | 0.0922 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.102 |
Aberdeen Equity A Backtested Returns
At this stage we consider Aberdeen Mutual Fund to be very steady. Aberdeen Equity A secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aberdeen Equity A, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen Equity's risk adjusted performance of 0.0922, and Mean Deviation of 0.5884 to double-check if the risk estimate we provide is consistent with the expected return of 0.0988%. The fund shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aberdeen Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen Equity is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
Aberdeen Equity A has good predictability. Overlapping area represents the amount of predictability between Aberdeen Equity time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Equity A price movement. The serial correlation of 0.78 indicates that around 78.0% of current Aberdeen Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Aberdeen Equity A lagged returns against current returns
Autocorrelation, which is Aberdeen 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 Aberdeen Equity's mutual fund expected returns. We can calculate the autocorrelation of Aberdeen Equity returns to help us make a trade decision. For example, suppose you find that Aberdeen 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 |
Aberdeen 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 Aberdeen Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen 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 Aberdeen Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Equity Lagged Returns
When evaluating Aberdeen Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Equity mutual fund have on its future price. Aberdeen 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, Aberdeen Equity autocorrelation shows the relationship between Aberdeen Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Equity A.
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 Equity 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 Equity security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
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