Ab Servative Wealth Fund Market Value
| ABPYX Fund | USD 12.30 0.11 0.90% |
| Symbol | ABPYX |
Ab Servative '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 Ab Servative'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 Ab Servative.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Ab Servative on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Servative Wealth or generate 0.0% return on investment in Ab Servative over 60 days. Ab Servative is related to or competes with Pgim Conservative, Target Retirement, Strategic Allocation:, American Funds, Lifestyle, and Transamerica Cleartrack. The fund invests in a diversified portfolio of equity and fixed-income securities More
Ab Servative 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 Ab Servative'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 Ab Servative Wealth upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 2.46 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.7059 |
Ab Servative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Servative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Servative's standard deviation. In reality, there are many statistical measures that can use Ab Servative historical prices to predict the future Ab Servative's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ab Servative'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.
Ab Servative Wealth Backtested Returns
Ab Servative Wealth retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the fund had a -0.11% return per unit of price deviation over the last 3 months. Ab Servative exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Servative's Variance of 0.2988, information ratio of (0.16), and Market Risk Adjusted Performance of (0.62) to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ab Servative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab Servative is expected to be smaller as well.
Auto-correlation | -0.02 |
Very weak reverse predictability
Ab Servative Wealth has very weak reverse predictability. Overlapping area represents the amount of predictability between Ab Servative time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ab Servative Wealth price movement. The serial correlation of -0.02 indicates that only 2.0% of current Ab Servative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Ab Servative Wealth lagged returns against current returns
Autocorrelation, which is Ab Servative 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 Ab Servative's mutual fund expected returns. We can calculate the autocorrelation of Ab Servative returns to help us make a trade decision. For example, suppose you find that Ab Servative 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 |
Ab Servative 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 Ab Servative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Servative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ab Servative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Servative Lagged Returns
When evaluating Ab Servative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Servative mutual fund have on its future price. Ab Servative 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, Ab Servative autocorrelation shows the relationship between Ab Servative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Servative Wealth.
Regressed Prices |
| Timeline |
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Other Information on Investing in ABPYX Mutual Fund
Ab Servative financial ratios help investors to determine whether ABPYX 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 ABPYX with respect to the benefits of owning Ab Servative security.
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