Api Multi Asset Income Fund Market Value
| AFFCX Fund | USD 7.64 0.02 0.26% |
| Symbol | Api |
Api Multi '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 Api Multi'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 Api Multi.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in Api Multi on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding Api Multi Asset Income or generate 0.0% return on investment in Api Multi over 30 days. Api Multi is related to or competes with Api Growth, Api Short, Api Multi, Api Growth, Api Short, Api Multi, and Yorktown Small. The fund invests in securities that, in the advisers opinion, offer the opportunity for current income with limited cred... More
Api Multi 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 Api Multi'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 Api Multi Asset Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 0.9093 | |||
| Value At Risk | (0.39) | |||
| Potential Upside | 0.2601 |
Api Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Api Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Api Multi's standard deviation. In reality, there are many statistical measures that can use Api Multi historical prices to predict the future Api Multi's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (1.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Api Multi'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.
Api Multi Asset Backtested Returns
Api Multi Asset secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had a -0.12% return per unit of risk over the last 3 months. Api Multi Asset Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Api Multi's Standard Deviation of 0.2179, risk adjusted performance of (0.15), and Mean Deviation of 0.1705 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0342, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Api Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Api Multi is expected to be smaller as well.
Auto-correlation | 0.97 |
Excellent predictability
Api Multi Asset Income has excellent predictability. Overlapping area represents the amount of predictability between Api Multi time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th 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 Api Multi Asset price movement. The serial correlation of 0.97 indicates that 97.0% of current Api Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Api Multi Asset lagged returns against current returns
Autocorrelation, which is Api Multi 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 Api Multi's mutual fund expected returns. We can calculate the autocorrelation of Api Multi returns to help us make a trade decision. For example, suppose you find that Api Multi 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 |
Api Multi 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 Api Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Api Multi mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Api Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Api Multi Lagged Returns
When evaluating Api Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Api Multi mutual fund have on its future price. Api Multi 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, Api Multi autocorrelation shows the relationship between Api Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Api Multi Asset Income.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Api Mutual Fund
Api Multi financial ratios help investors to determine whether Api 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 Api with respect to the benefits of owning Api Multi security.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |