Ambrus Tax Conscious Fund Market Value
| TCNBX Fund | USD 10.20 0.01 0.1% |
| Symbol | Ambrus |
Ambrus Tax '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 Ambrus Tax'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 Ambrus Tax.
| 04/07/2024 |
| 12/03/2024 |
If you would invest 0.00 in Ambrus Tax on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Ambrus Tax Conscious or generate 0.0% return on investment in Ambrus Tax over 240 days. Ambrus Tax is related to or competes with Ambrus Core, Ambrus Tax, Vanguard High-yield, Salient Tactical, Invesco High, and Q3 All. Under normal circumstances, the fund will invest at least 80 percent of its net assets in fixed income securities and ot... More
Ambrus Tax 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 Ambrus Tax'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 Ambrus Tax Conscious upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2397 | |||
| Information Ratio | (0.71) | |||
| Maximum Drawdown | 0.8904 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2973 |
Ambrus Tax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ambrus Tax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ambrus Tax's standard deviation. In reality, there are many statistical measures that can use Ambrus Tax historical prices to predict the future Ambrus Tax's volatility.| Risk Adjusted Performance | 0.0513 | |||
| Jensen Alpha | 0.0122 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.44) | |||
| Treynor Ratio | (0.22) |
Ambrus Tax Conscious Backtested Returns
At this stage we consider Ambrus Mutual Fund to be very steady. Ambrus Tax Conscious secures Sharpe Ratio (or Efficiency) of 0.0766, which signifies that the fund had a 0.0766% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Ambrus Tax Conscious, which you can use to evaluate the volatility of the entity. Please confirm Ambrus Tax's mean deviation of 0.0933, and Risk Adjusted Performance of 0.0513 to double-check if the risk estimate we provide is consistent with the expected return of 0.011%. The fund shows a Beta (market volatility) of -0.0364, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ambrus Tax are expected to decrease at a much lower rate. During the bear market, Ambrus Tax is likely to outperform the market.
Auto-correlation | 0.45 |
Average predictability
Ambrus Tax Conscious has average predictability. Overlapping area represents the amount of predictability between Ambrus Tax time series from 7th of April 2024 to 5th of August 2024 and 5th of August 2024 to 3rd 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 Ambrus Tax Conscious price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Ambrus Tax price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ambrus Tax Conscious lagged returns against current returns
Autocorrelation, which is Ambrus Tax 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 Ambrus Tax's mutual fund expected returns. We can calculate the autocorrelation of Ambrus Tax returns to help us make a trade decision. For example, suppose you find that Ambrus Tax 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 |
Ambrus Tax 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 Ambrus Tax mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ambrus Tax mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ambrus Tax mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ambrus Tax Lagged Returns
When evaluating Ambrus Tax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ambrus Tax mutual fund have on its future price. Ambrus Tax 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, Ambrus Tax autocorrelation shows the relationship between Ambrus Tax mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ambrus Tax Conscious.
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 Ambrus Mutual Fund
Ambrus Tax financial ratios help investors to determine whether Ambrus 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 Ambrus with respect to the benefits of owning Ambrus Tax security.
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