Aama Equity Fund Market Value
| AMFEX Fund | USD 17.71 0.28 1.61% |
| Symbol | Aama |
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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Aama Equity on December 15, 2024 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 90 days. Aama Equity is related to or competes with Jp Morgan, Pgim Conservative, Saat Moderate, Jpmorgan Smartretirement, Dimensional Retirement, and Blackrock Moderate. 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.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.48 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 0.9244 |
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.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.25) |
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.
Aama Equity Fund Backtested Returns
Aama Equity Fund secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the fund had a -0.14 % 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 Standard Deviation of 1.3, risk adjusted performance of (0.12), and Mean Deviation of 0.7309 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.81, 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 | -0.02 |
Very weak reverse predictability
Aama Equity Fund has very weak reverse predictability. Overlapping area represents the amount of predictability between Aama Equity time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 -0.02 indicates that only 2.0% of current Aama Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
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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