Ab Large Cap Fund Market Value
| APGAX Fund | USD 97.75 1.19 1.20% |
| Symbol | APGAX |
Ab Large '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 Ab Large'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 Ab Large.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Ab Large on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Large Cap or generate 0.0% return on investment in Ab Large over 180 days. Ab Large is related to or competes with Ab Global, Ab Global, Ab Global, Ab Minnesota, Ab Minnesota, Ab All, and Ab All. The fund invests primarily in equity securities of a limited number of large, carefully selected, high-quality U.S More
Ab Large 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 Ab Large'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 Ab Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.34 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 1.45 |
Ab Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Large's standard deviation. In reality, there are many statistical measures that can use Ab Large historical prices to predict the future Ab Large's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.12) |
Ab Large Cap Backtested Returns
Ab Large Cap retains Efficiency (Sharpe Ratio) of -0.0087, which signifies that the fund had a -0.0087% return per unit of price deviation over the last 3 months. Ab Large exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Large's Information Ratio of (0.03), market risk adjusted performance of (0.11), and Variance of 1.74 to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ab Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab Large is expected to be smaller as well.
Auto-correlation | -0.44 |
Modest reverse predictability
Ab Large Cap has modest reverse predictability. Overlapping area represents the amount of predictability between Ab Large time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th 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 Ab Large Cap price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Ab Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 6.91 |
Ab Large Cap lagged returns against current returns
Autocorrelation, which is Ab Large 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 Ab Large's mutual fund expected returns. We can calculate the autocorrelation of Ab Large returns to help us make a trade decision. For example, suppose you find that Ab Large 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 |
Ab Large 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 Ab Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ab Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Large Lagged Returns
When evaluating Ab Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Large mutual fund have on its future price. Ab Large 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, Ab Large autocorrelation shows the relationship between Ab Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Large Cap.
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 APGAX Mutual Fund
Ab Large financial ratios help investors to determine whether APGAX 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 APGAX with respect to the benefits of owning Ab Large security.
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