Aqr Sustainable Long Short Fund Market Value
| QNZRX Fund | USD 15.23 0.16 1.06% |
| Symbol | Aqr |
Aqr Sustainable '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 Aqr Sustainable'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 Aqr Sustainable.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Aqr Sustainable on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Aqr Sustainable Long Short or generate 0.0% return on investment in Aqr Sustainable over 360 days. Aqr Sustainable is related to or competes with Qs Us, Vanguard Windsor, Qs Us, Dodge Cox, and Qs Us. The fund pursues its investment objective by allocating assets among four major asset classes More
Aqr Sustainable 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 Aqr Sustainable'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 Aqr Sustainable Long Short upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8267 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.78 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.06 |
Aqr Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aqr Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aqr Sustainable's standard deviation. In reality, there are many statistical measures that can use Aqr Sustainable historical prices to predict the future Aqr Sustainable's volatility.| Risk Adjusted Performance | 0.0904 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1089 |
Aqr Sustainable Long Backtested Returns
At this stage we consider Aqr Mutual Fund to be very steady. Aqr Sustainable Long secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aqr Sustainable Long Short, which you can use to evaluate the volatility of the entity. Please confirm Aqr Sustainable's Mean Deviation of 0.6039, risk adjusted performance of 0.0904, and Downside Deviation of 0.8267 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 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aqr Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aqr Sustainable is expected to be smaller as well.
Auto-correlation | 0.80 |
Very good predictability
Aqr Sustainable Long Short has very good predictability. Overlapping area represents the amount of predictability between Aqr Sustainable time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Aqr Sustainable Long price movement. The serial correlation of 0.8 indicates that around 80.0% of current Aqr Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Aqr Sustainable Long lagged returns against current returns
Autocorrelation, which is Aqr Sustainable 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 Aqr Sustainable's mutual fund expected returns. We can calculate the autocorrelation of Aqr Sustainable returns to help us make a trade decision. For example, suppose you find that Aqr Sustainable 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 |
Aqr Sustainable 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 Aqr Sustainable mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aqr Sustainable mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aqr Sustainable mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aqr Sustainable Lagged Returns
When evaluating Aqr Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aqr Sustainable mutual fund have on its future price. Aqr Sustainable 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, Aqr Sustainable autocorrelation shows the relationship between Aqr Sustainable mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aqr Sustainable Long Short.
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 Aqr Mutual Fund
Aqr Sustainable financial ratios help investors to determine whether Aqr 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 Aqr with respect to the benefits of owning Aqr Sustainable security.
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