Ab E Opportunities Fund Market Value

ADGZX Fund  USD 25.70  0.24  0.94%   
Ab E's market value is the price at which a share of Ab E trades on a public exchange. It measures the collective expectations of Ab E Opportunities investors about its performance. Ab E is trading at 25.70 as of the 24th of December 2024; that is 0.94% up since the beginning of the trading day. The fund's open price was 25.46.
With this module, you can estimate the performance of a buy and hold strategy of Ab E Opportunities and determine expected loss or profit from investing in Ab E over a given investment horizon. Check out Ab E Correlation, Ab E Volatility and Ab E Alpha and Beta module to complement your research on Ab E.
Symbol

Please note, there is a significant difference between Ab E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab E's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ab E '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 E'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 E.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Ab E on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Ab E Opportunities or generate 0.0% return on investment in Ab E over 30 days. Ab E is related to or competes with Select Fund, Select Fund, and Amg Renaissance. The fund invests primarily in the equity securities of U.S More

Ab E 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 E'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 E Opportunities upside and downside potential and time the market with a certain degree of confidence.

Ab E Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab E's standard deviation. In reality, there are many statistical measures that can use Ab E historical prices to predict the future Ab E's volatility.
Hype
Prediction
LowEstimatedHigh
24.3125.7027.09
Details
Intrinsic
Valuation
LowRealHigh
24.6226.0127.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ab E. Your research has to be compared to or analyzed against Ab E's peers to derive any actionable benefits. When done correctly, Ab E's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ab E Opportunities.

Ab E Opportunities Backtested Returns

Ab E Opportunities retains Efficiency (Sharpe Ratio) of -0.0492, which signifies that the fund had a -0.0492% return per unit of price deviation over the last 3 months. Ab E exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab E's Information Ratio of (0.07), market risk adjusted performance of (0.07), and Variance of 1.87 to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.93, which signifies possible diversification benefits within a given portfolio. Ab E returns are very sensitive to returns on the market. As the market goes up or down, Ab E is expected to follow.

Auto-correlation

    
  -0.86  

Excellent reverse predictability

Ab E Opportunities has excellent reverse predictability. Overlapping area represents the amount of predictability between Ab E time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Ab E Opportunities price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Ab E price fluctuation can be explain by its past prices.
Correlation Coefficient-0.86
Spearman Rank Test-0.84
Residual Average0.0
Price Variance1.86

Ab E Opportunities lagged returns against current returns

Autocorrelation, which is Ab E 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 E's mutual fund expected returns. We can calculate the autocorrelation of Ab E returns to help us make a trade decision. For example, suppose you find that Ab E 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 E 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 E mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab E 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 E mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Ab E Lagged Returns

When evaluating Ab E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab E mutual fund have on its future price. Ab E 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 E autocorrelation shows the relationship between Ab E mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab E Opportunities.
   Regressed Prices   
       Timeline  

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Other Information on Investing in ADGZX Mutual Fund

Ab E financial ratios help investors to determine whether ADGZX 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 ADGZX with respect to the benefits of owning Ab E security.
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