Amg River Road Fund Market Value
| ARSVX Fund | USD 17.83 0.09 0.51% |
| Symbol | Amg |
Amg River '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 Amg River'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 Amg River.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Amg River on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Amg River Road or generate 0.0% return on investment in Amg River over 30 days. Amg River is related to or competes with Alger Smallcap, Deutsche Global, Amg River, Delaware Value, and Crm Mid. Under normal conditions, the fund invests at least 80 percent of its assets in equity securities of small-cap companies ... More
Amg River 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 Amg River'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 Amg River Road upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7285 | |||
| Information Ratio | 0.0788 | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 1.76 |
Amg River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amg River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amg River's standard deviation. In reality, there are many statistical measures that can use Amg River historical prices to predict the future Amg River's volatility.| Risk Adjusted Performance | 0.1602 | |||
| Jensen Alpha | 0.0609 | |||
| Total Risk Alpha | 0.0321 | |||
| Sortino Ratio | 0.1172 | |||
| Treynor Ratio | 0.1787 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amg River'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.
Amg River Road Backtested Returns
Amg River appears to be very steady, given 3 months investment horizon. Amg River Road secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the fund had a 0.24% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amg River Road, which you can use to evaluate the volatility of the entity. Please makes use of Amg River's risk adjusted performance of 0.1602, and Mean Deviation of 0.7144 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.19, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amg River will likely underperform.
Auto-correlation | 0.92 |
Excellent predictability
Amg River Road has excellent predictability. Overlapping area represents the amount of predictability between Amg River time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Amg River Road price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Amg River price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Amg River Road lagged returns against current returns
Autocorrelation, which is Amg River 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 Amg River's mutual fund expected returns. We can calculate the autocorrelation of Amg River returns to help us make a trade decision. For example, suppose you find that Amg River 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 |
Amg River 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 Amg River mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amg River mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amg River mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Amg River Lagged Returns
When evaluating Amg River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amg River mutual fund have on its future price. Amg River 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, Amg River autocorrelation shows the relationship between Amg River mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amg River Road.
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 Amg Mutual Fund
Amg River financial ratios help investors to determine whether Amg 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 Amg with respect to the benefits of owning Amg River security.
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