Aama Equity Fund Market Value

AMFEX Fund  USD 18.08  0.23  1.26%   
Aama Equity's market value is the price at which a share of Aama Equity trades on a public exchange. It measures the collective expectations of Aama Equity Fund investors about its performance. Aama Equity is trading at 18.08 as of the 5th of March 2025; that is 1.26 percent decrease since the beginning of the trading day. The fund's open price was 18.31.
With this module, you can estimate the performance of a buy and hold strategy of Aama Equity Fund and determine expected loss or profit from investing in Aama Equity over a given investment horizon. Check out Aama Equity Correlation, Aama Equity Volatility and Aama Equity Alpha and Beta module to complement your research on Aama Equity.
Symbol

Please note, there is a significant difference between Aama Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aama Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aama Equity'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.

Aama Equity '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 Aama Equity'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 Aama Equity.
0.00
03/16/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/05/2025
0.00
If you would invest  0.00  in Aama Equity on March 16, 2023 and sell it all today you would earn a total of 0.00 from holding Aama Equity Fund or generate 0.0% return on investment in Aama Equity over 720 days. Aama Equity is related to or competes with Washington Mutual, T Rowe, T Rowe, The Hartford, Enhanced, Franklin Moderate, and Knights Of. The fund, under normal market circumstances, will invest at least 80 percent of its net assets in equity securities of a... More

Aama Equity 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 Aama Equity'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 Aama Equity Fund upside and downside potential and time the market with a certain degree of confidence.

Aama Equity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aama Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aama Equity's standard deviation. In reality, there are many statistical measures that can use Aama Equity historical prices to predict the future Aama Equity's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aama Equity'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.
Hype
Prediction
LowEstimatedHigh
16.7718.0819.39
Details
Intrinsic
Valuation
LowRealHigh
17.0018.3119.62
Details

Aama Equity Fund Backtested Returns

Aama Equity Fund secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the fund had a -0.13 % return per unit of risk over the last 3 months. Aama Equity Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aama Equity's Risk Adjusted Performance of (0.09), mean deviation of 0.6335, and Standard Deviation of 1.24 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aama Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aama Equity is expected to be smaller as well.

Auto-correlation

    
  0.29  

Poor predictability

Aama Equity Fund has poor predictability. Overlapping area represents the amount of predictability between Aama Equity time series from 16th of March 2023 to 10th of March 2024 and 10th of March 2024 to 5th of March 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 Aama Equity Fund price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Aama Equity price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test0.52
Residual Average0.0
Price Variance0.54

Aama Equity Fund lagged returns against current returns

Autocorrelation, which is Aama Equity 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 Aama Equity's mutual fund expected returns. We can calculate the autocorrelation of Aama Equity returns to help us make a trade decision. For example, suppose you find that Aama Equity 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  

Aama Equity 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 Aama Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aama Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aama Equity mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Aama Equity Lagged Returns

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

Aama Equity financial ratios help investors to determine whether Aama 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 Aama with respect to the benefits of owning Aama Equity security.
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