One Choice Portfolio Fund Market Value
| AONIX Fund | USD 11.51 0.04 0.35% |
| Symbol | One |
One Choice '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 One Choice'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 One Choice.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in One Choice on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding One Choice Portfolio or generate 0.0% return on investment in One Choice over 720 days. One Choice is related to or competes with Mid Cap, Equity Growth, Income Growth, Diversified Bond, Emerging Markets, Short Term, and Value Fund. The fund invests in other American Century Investments mutual funds that represent a variety of asset classes and invest... More
One Choice 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 One Choice'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 One Choice Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.7 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.3425 |
One Choice Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for One Choice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as One Choice's standard deviation. In reality, there are many statistical measures that can use One Choice historical prices to predict the future One Choice's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 6.48 |
One Choice Portfolio Backtested Returns
One Choice Portfolio maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had a -0.13% return per unit of risk over the last 3 months. One Choice Portfolio exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check One Choice's Risk Adjusted Performance of (0.12), variance of 0.0818, and Coefficient Of Variation of (794.48) to confirm the risk estimate we provide. The fund holds a Beta of -0.0071, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning One Choice are expected to decrease at a much lower rate. During the bear market, One Choice is likely to outperform the market.
Auto-correlation | 0.06 |
Virtually no predictability
One Choice Portfolio has virtually no predictability. Overlapping area represents the amount of predictability between One Choice time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 One Choice Portfolio price movement. The serial correlation of 0.06 indicates that barely 6.0% of current One Choice price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
One Choice Portfolio lagged returns against current returns
Autocorrelation, which is One Choice 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 One Choice's mutual fund expected returns. We can calculate the autocorrelation of One Choice returns to help us make a trade decision. For example, suppose you find that One Choice 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 |
One Choice 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 One Choice mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if One Choice mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in One Choice mutual fund over time.
Current vs Lagged Prices |
| Timeline |
One Choice Lagged Returns
When evaluating One Choice's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of One Choice mutual fund have on its future price. One Choice 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, One Choice autocorrelation shows the relationship between One Choice mutual fund current value and its past values and can show if there is a momentum factor associated with investing in One Choice Portfolio.
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 One Mutual Fund
One Choice financial ratios help investors to determine whether One 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 One with respect to the benefits of owning One Choice security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |