Aberdeen Ultra Short Fund Market Value
| ATOBX Fund | USD 10.09 0.01 0.1% |
| Symbol | Aberdeen |
Aberdeen Ultra '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 Aberdeen Ultra'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 Aberdeen Ultra.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Aberdeen Ultra on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen Ultra Short or generate 0.0% return on investment in Aberdeen Ultra over 90 days. Aberdeen Ultra is related to or competes with John Hancock, Gabelli Global, Prudential Financial, and Financial Industries. The fund invests its assets in a combination of tax-exempt obligations and taxable debt obligations More
Aberdeen Ultra 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 Aberdeen Ultra'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 Aberdeen Ultra Short upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 1.82 | |||
| Maximum Drawdown | 0.3986 | |||
| Potential Upside | 0.0995 |
Aberdeen Ultra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Ultra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Ultra's standard deviation. In reality, there are many statistical measures that can use Aberdeen Ultra historical prices to predict the future Aberdeen Ultra's volatility.| Risk Adjusted Performance | 0.0094 | |||
| Jensen Alpha | 6.0E-4 | |||
| Total Risk Alpha | 0.0075 | |||
| Treynor Ratio | (0.01) |
Aberdeen Ultra Short Backtested Returns
At this stage we consider Aberdeen Mutual Fund to be out of control. Aberdeen Ultra Short secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17 % return per unit of standard deviation over the last 3 months. We have found twenty technical indicators for Aberdeen Ultra Short, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen Ultra's mean deviation of 0.0282, and Risk Adjusted Performance of 0.0094 to double-check if the risk estimate we provide is consistent with the expected return of 0.01%. The fund shows a Beta (market volatility) of 0.0058, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aberdeen Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen Ultra is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
Aberdeen Ultra Short has poor predictability. Overlapping area represents the amount of predictability between Aberdeen Ultra 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 Aberdeen Ultra Short price movement. The serial correlation of 0.25 indicates that over 25.0% of current Aberdeen Ultra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aberdeen Ultra Short lagged returns against current returns
Autocorrelation, which is Aberdeen Ultra 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 Aberdeen Ultra's mutual fund expected returns. We can calculate the autocorrelation of Aberdeen Ultra returns to help us make a trade decision. For example, suppose you find that Aberdeen Ultra 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 |
Aberdeen Ultra 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 Aberdeen Ultra mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Ultra mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Ultra mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Ultra Lagged Returns
When evaluating Aberdeen Ultra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Ultra mutual fund have on its future price. Aberdeen Ultra 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, Aberdeen Ultra autocorrelation shows the relationship between Aberdeen Ultra mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Ultra Short.
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 Aberdeen Mutual Fund
Aberdeen Ultra financial ratios help investors to determine whether Aberdeen 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 Aberdeen with respect to the benefits of owning Aberdeen Ultra security.
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