Aquila Three Peaks Fund Market Value

ATGAX Fund  USD 46.95  0.02  0.04%   
Aquila Three's market value is the price at which a share of Aquila Three trades on a public exchange. It measures the collective expectations of Aquila Three Peaks investors about its performance. Aquila Three is trading at 46.95 as of the 9th of December 2024; that is 0.04% down since the beginning of the trading day. The fund's open price was 46.97.
With this module, you can estimate the performance of a buy and hold strategy of Aquila Three Peaks and determine expected loss or profit from investing in Aquila Three over a given investment horizon. Check out Aquila Three Correlation, Aquila Three Volatility and Aquila Three Alpha and Beta module to complement your research on Aquila Three.
Symbol

Please note, there is a significant difference between Aquila Three's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aquila Three is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aquila Three'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.

Aquila Three '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 Aquila Three'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 Aquila Three.
0.00
11/09/2024
No Change 0.00  0.0 
In 31 days
12/09/2024
0.00
If you would invest  0.00  in Aquila Three on November 9, 2024 and sell it all today you would earn a total of 0.00 from holding Aquila Three Peaks or generate 0.0% return on investment in Aquila Three over 30 days. Aquila Three is related to or competes with Gabelli Convertible, Advent Claymore, Fidelity Sai, Virtus Convertible, and Calamos Dynamic. The fund invests, under normal circumstances, at least 70 percent of its net assets in equity securities believed to hav... More

Aquila Three 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 Aquila Three'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 Aquila Three Peaks upside and downside potential and time the market with a certain degree of confidence.

Aquila Three Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aquila Three's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aquila Three's standard deviation. In reality, there are many statistical measures that can use Aquila Three historical prices to predict the future Aquila Three's volatility.
Hype
Prediction
LowEstimatedHigh
46.1346.9547.77
Details
Intrinsic
Valuation
LowRealHigh
42.2650.4051.22
Details
Naive
Forecast
LowNextHigh
46.3047.1247.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
44.8746.3647.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aquila Three. Your research has to be compared to or analyzed against Aquila Three's peers to derive any actionable benefits. When done correctly, Aquila Three's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Aquila Three Peaks.

Aquila Three Peaks Backtested Returns

At this stage we consider AQUILA Mutual Fund to be very steady. Aquila Three Peaks secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aquila Three Peaks, which you can use to evaluate the volatility of the entity. Please confirm Aquila Three's Risk Adjusted Performance of 0.1544, downside deviation of 0.7849, and Mean Deviation of 0.6702 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. The fund shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Aquila Three returns are very sensitive to returns on the market. As the market goes up or down, Aquila Three is expected to follow.

Auto-correlation

    
  -0.24  

Weak reverse predictability

Aquila Three Peaks has weak reverse predictability. Overlapping area represents the amount of predictability between Aquila Three time series from 9th of November 2024 to 24th of November 2024 and 24th of November 2024 to 9th 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 Aquila Three Peaks price movement. The serial correlation of -0.24 indicates that over 24.0% of current Aquila Three price fluctuation can be explain by its past prices.
Correlation Coefficient-0.24
Spearman Rank Test0.59
Residual Average0.0
Price Variance0.04

Aquila Three Peaks lagged returns against current returns

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

Aquila Three 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 Aquila Three mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aquila Three mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aquila Three mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Aquila Three Lagged Returns

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

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Other Information on Investing in AQUILA Mutual Fund

Aquila Three financial ratios help investors to determine whether AQUILA 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 AQUILA with respect to the benefits of owning Aquila Three security.
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