Api Short Term Fund Market Value
| APIMX Fund | USD 3.85 0.00 0.00% |
| Symbol | Api |
Api Short '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 Short'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 Short.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Api Short on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Api Short Term or generate 0.0% return on investment in Api Short over 30 days. Api Short is related to or competes with Api Growth, Api Short, Api Multi, Api Growth, Api Multi, and Yorktown Small. Under normal circumstances, the fund invests at least 80 percent of its assets in fixed income securities that, in the A... More
Api Short 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 Short'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 Short Term upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 0.5188 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.2597 |
Api Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Api Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Api Short's standard deviation. In reality, there are many statistical measures that can use Api Short historical prices to predict the future Api Short's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (2.20) |
Api Short Term Backtested Returns
Api Short Term secures Sharpe Ratio (or Efficiency) of -0.0302, which signifies that the fund had a -0.0302% return per unit of risk over the last 3 months. Api Short Term exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Api Short's Mean Deviation of 0.0883, standard deviation of 0.1427, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0116, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Api Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Api Short is expected to be smaller as well.
Auto-correlation | 0.50 |
Modest predictability
Api Short Term has modest predictability. Overlapping area represents the amount of predictability between Api Short time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 Short Term price movement. The serial correlation of 0.5 indicates that about 50.0% of current Api Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Api Short Term lagged returns against current returns
Autocorrelation, which is Api Short 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 Short's mutual fund expected returns. We can calculate the autocorrelation of Api Short returns to help us make a trade decision. For example, suppose you find that Api Short 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 Short 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 Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Api Short 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 Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Api Short Lagged Returns
When evaluating Api Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Api Short mutual fund have on its future price. Api Short 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 Short autocorrelation shows the relationship between Api Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Api Short Term.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Api Mutual Fund
Api Short 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 Short security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |