Aqr Alternative Risk Fund Market Value
| QRPNX Fund | USD 11.25 0.08 0.71% |
| Symbol | Aqr |
Aqr Alternative '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 Alternative'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 Alternative.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Aqr Alternative on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Aqr Alternative Risk or generate 0.0% return on investment in Aqr Alternative over 30 days. Aqr Alternative is related to or competes with Us Real, Columbia Real, Deutsche Real, Amg Managers, Deutsche Real, and Guggenheim Risk. The advisor pursues the funds investment objective by aiming to provide exposure to five separate investment styles valu... More
Aqr Alternative 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 Alternative'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 Alternative Risk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 2.45 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 0.8937 |
Aqr Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aqr Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aqr Alternative's standard deviation. In reality, there are many statistical measures that can use Aqr Alternative historical prices to predict the future Aqr Alternative's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.07) |
Aqr Alternative Risk Backtested Returns
Aqr Alternative Risk secures Sharpe Ratio (or Efficiency) of -0.0171, which signifies that the fund had a -0.0171% return per unit of risk over the last 3 months. Aqr Alternative Risk exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aqr Alternative's Mean Deviation of 0.4481, standard deviation of 0.5639, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aqr Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aqr Alternative is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
Aqr Alternative Risk has virtually no predictability. Overlapping area represents the amount of predictability between Aqr Alternative time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Aqr Alternative Risk price movement. The serial correlation of 0.02 indicates that only 2.0% of current Aqr Alternative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aqr Alternative Risk lagged returns against current returns
Autocorrelation, which is Aqr Alternative 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 Alternative's mutual fund expected returns. We can calculate the autocorrelation of Aqr Alternative returns to help us make a trade decision. For example, suppose you find that Aqr Alternative 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 Alternative 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 Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aqr Alternative 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 Alternative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aqr Alternative Lagged Returns
When evaluating Aqr Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aqr Alternative mutual fund have on its future price. Aqr Alternative 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 Alternative autocorrelation shows the relationship between Aqr Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aqr Alternative Risk.
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 Alternative 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 Alternative security.
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