Acadian Emerging Markets Fund Market Value
| AEMGX Fund | USD 24.06 0.03 0.12% |
| Symbol | Acadian |
Acadian Emerging '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 Acadian Emerging'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 Acadian Emerging.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Acadian Emerging on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Acadian Emerging Markets or generate 0.0% return on investment in Acadian Emerging over 480 days. Acadian Emerging is related to or competes with Driehaus Emerging, Oakmark International, T Rowe, and Emerging Markets. The fund will invest primarily in common stocks but also may invest in other types of equity securities, including prefe... More
Acadian Emerging 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 Acadian Emerging'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 Acadian Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7688 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.9 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.3 |
Acadian Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acadian Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acadian Emerging's standard deviation. In reality, there are many statistical measures that can use Acadian Emerging historical prices to predict the future Acadian Emerging's volatility.| Risk Adjusted Performance | 0.0862 | |||
| Jensen Alpha | 0.0525 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3242 |
Acadian Emerging Markets Backtested Returns
At this stage we consider Acadian Mutual Fund to be very steady. Acadian Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the fund had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Acadian Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Acadian Emerging's risk adjusted performance of 0.0862, and Mean Deviation of 0.5994 to double-check if the risk estimate we provide is consistent with the expected return of 0.0822%. The fund shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Acadian Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Acadian Emerging is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
Acadian Emerging Markets has good predictability. Overlapping area represents the amount of predictability between Acadian Emerging time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Acadian Emerging Markets price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Acadian Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
Acadian Emerging Markets lagged returns against current returns
Autocorrelation, which is Acadian Emerging 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 Acadian Emerging's mutual fund expected returns. We can calculate the autocorrelation of Acadian Emerging returns to help us make a trade decision. For example, suppose you find that Acadian Emerging 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 |
Acadian Emerging 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 Acadian Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acadian Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acadian Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Acadian Emerging Lagged Returns
When evaluating Acadian Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acadian Emerging mutual fund have on its future price. Acadian Emerging 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, Acadian Emerging autocorrelation shows the relationship between Acadian Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Acadian Emerging Markets.
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 Acadian Mutual Fund
Acadian Emerging financial ratios help investors to determine whether Acadian 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 Acadian with respect to the benefits of owning Acadian Emerging security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
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