Aamhimco Short Duration Fund Market Value

ASDIX Fund  USD 10.06  0.01  0.1%   
Aam/himco Short's market value is the price at which a share of Aam/himco Short trades on a public exchange. It measures the collective expectations of Aamhimco Short Duration investors about its performance. Aam/himco Short is trading at 10.06 as of the 15th of March 2025; that is 0.1 percent decrease since the beginning of the trading day. The fund's open price was 10.07.
With this module, you can estimate the performance of a buy and hold strategy of Aamhimco Short Duration and determine expected loss or profit from investing in Aam/himco Short over a given investment horizon. Check out Aam/himco Short Correlation, Aam/himco Short Volatility and Aam/himco Short Alpha and Beta module to complement your research on Aam/himco Short.
Symbol

Please note, there is a significant difference between Aam/himco Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aam/himco Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aam/himco Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Aam/himco 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 Aam/himco 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 Aam/himco Short.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Aam/himco Short on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Aamhimco Short Duration or generate 0.0% return on investment in Aam/himco Short over 90 days. Aam/himco Short is related to or competes with Flexible Bond, Vanguard Intermediate-ter, Morningstar Defensive, Versatile Bond, Ambrus Core, Calvert Bond, and Ab Bond. The fund has an investment policy whereby at least 80 percent of the funds net assets will be invested, under normal cir... More

Aam/himco 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 Aam/himco 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 Aamhimco Short Duration upside and downside potential and time the market with a certain degree of confidence.

Aam/himco Short Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aam/himco Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aam/himco Short's standard deviation. In reality, there are many statistical measures that can use Aam/himco Short historical prices to predict the future Aam/himco Short's volatility.
Hype
Prediction
LowEstimatedHigh
9.9710.0610.15
Details
Intrinsic
Valuation
LowRealHigh
9.9510.0410.13
Details

Aamhimco Short Duration Backtested Returns

At this stage we consider Aam/himco Mutual Fund to be very steady. Aamhimco Short Duration secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the fund had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Aamhimco Short Duration, which you can use to evaluate the volatility of the entity. Please confirm Aam/himco Short's Coefficient Of Variation of 464.85, mean deviation of 0.0713, and Risk Adjusted Performance of 0.0997 to double-check if the risk estimate we provide is consistent with the expected return of 0.0217%. The fund shows a Beta (market volatility) of -0.0265, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aam/himco Short are expected to decrease at a much lower rate. During the bear market, Aam/himco Short is likely to outperform the market.

Auto-correlation

    
  0.78  

Good predictability

Aamhimco Short Duration has good predictability. Overlapping area represents the amount of predictability between Aam/himco Short 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 Aamhimco Short Duration price movement. The serial correlation of 0.78 indicates that around 78.0% of current Aam/himco Short price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.9
Residual Average0.0
Price Variance0.0

Aamhimco Short Duration lagged returns against current returns

Autocorrelation, which is Aam/himco 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 Aam/himco Short's mutual fund expected returns. We can calculate the autocorrelation of Aam/himco Short returns to help us make a trade decision. For example, suppose you find that Aam/himco 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  

Aam/himco 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 Aam/himco Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aam/himco 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 Aam/himco Short mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Aam/himco Short Lagged Returns

When evaluating Aam/himco Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aam/himco Short mutual fund have on its future price. Aam/himco 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, Aam/himco Short autocorrelation shows the relationship between Aam/himco Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aamhimco Short Duration.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Aam/himco Mutual Fund

Aam/himco Short financial ratios help investors to determine whether Aam/himco 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 Aam/himco with respect to the benefits of owning Aam/himco Short security.
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