Api Multi Asset Income Fund Market Value
| AFFIX Fund | USD 7.87 0.01 0.13% |
| Symbol | Api |
Api Multi-asset '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-asset'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-asset.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Api Multi-asset on December 22, 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-asset over 30 days. Api Multi-asset is related to or competes with Blackstone Secured, Putnam Global, 1919 Financial, Financial Industries, Mesirow Financial, Rmb Mendon, and Davis Financial. The fund invests in securities that, in the advisers opinion, offer the opportunity for current income with limited cred... More
Api Multi-asset 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-asset'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 | (0.17) | |||
| Maximum Drawdown | 1.02 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.3783 |
Api Multi-asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Api Multi-asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Api Multi-asset's standard deviation. In reality, there are many statistical measures that can use Api Multi-asset historical prices to predict the future Api Multi-asset's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.37) |
Api Multi Asset Backtested Returns
At this stage we consider Api Mutual Fund to be very steady. Api Multi Asset secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Api Multi Asset Income, which you can use to evaluate the volatility of the entity. Please confirm Api Multi-asset's Mean Deviation of 0.1695, standard deviation of 0.2328, and Risk Adjusted Performance of (0.06) to double-check if the risk estimate we provide is consistent with the expected return of 3.0E-4%. The fund shows a Beta (market volatility) of 0.0525, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Api Multi-asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Api Multi-asset is expected to be smaller as well.
Auto-correlation | -0.4 |
Poor reverse predictability
Api Multi Asset Income has poor reverse predictability. Overlapping area represents the amount of predictability between Api Multi-asset time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 -0.4 indicates that just about 40.0% of current Api Multi-asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Api Multi Asset lagged returns against current returns
Autocorrelation, which is Api Multi-asset 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-asset's mutual fund expected returns. We can calculate the autocorrelation of Api Multi-asset returns to help us make a trade decision. For example, suppose you find that Api Multi-asset 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-asset 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-asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Api Multi-asset 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-asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Api Multi-asset Lagged Returns
When evaluating Api Multi-asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Api Multi-asset mutual fund have on its future price. Api Multi-asset 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-asset autocorrelation shows the relationship between Api Multi-asset 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.Other Information on Investing in Api Mutual Fund
Api Multi-asset 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-asset security.
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