Ab Tax Managed Wealth Fund Market Value
| ATWAX Fund | USD 22.61 0.23 1.03% |
| Symbol | ATWAX |
Ab Tax-managed '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 Ab Tax-managed'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 Ab Tax-managed.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Ab Tax-managed on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Ab Tax Managed Wealth or generate 0.0% return on investment in Ab Tax-managed over 30 days. Ab Tax-managed is related to or competes with Hartford Healthcare, Eaton Vance, Health Care, Highland Long/short, Live Oak, and Schwab Health. The fund invests primarily in equity securities, either directly or through underlying investment companies advised by t... More
Ab Tax-managed 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 Ab Tax-managed'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 Ab Tax Managed Wealth upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0128 | |||
| Maximum Drawdown | 3.46 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.03 |
Ab Tax-managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Tax-managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Tax-managed's standard deviation. In reality, there are many statistical measures that can use Ab Tax-managed historical prices to predict the future Ab Tax-managed's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 6.0E-4 | |||
| Total Risk Alpha | 0.0113 | |||
| Treynor Ratio | (0.02) |
Ab Tax Managed Backtested Returns
Ab Tax Managed retains Efficiency (Sharpe Ratio) of -0.0375, which signifies that the fund had a -0.0375 % return per unit of price deviation over the last 3 months. Ab Tax-managed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Tax-managed's Market Risk Adjusted Performance of (0.01), information ratio of 0.0128, and Variance of 0.6073 to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ab Tax-managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab Tax-managed is expected to be smaller as well.
Auto-correlation | -0.81 |
Excellent reverse predictability
Ab Tax Managed Wealth has excellent reverse predictability. Overlapping area represents the amount of predictability between Ab Tax-managed time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Ab Tax Managed price movement. The serial correlation of -0.81 indicates that around 81.0% of current Ab Tax-managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Ab Tax Managed lagged returns against current returns
Autocorrelation, which is Ab Tax-managed 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 Ab Tax-managed's mutual fund expected returns. We can calculate the autocorrelation of Ab Tax-managed returns to help us make a trade decision. For example, suppose you find that Ab Tax-managed 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 |
Ab Tax-managed 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 Ab Tax-managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Tax-managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ab Tax-managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Tax-managed Lagged Returns
When evaluating Ab Tax-managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Tax-managed mutual fund have on its future price. Ab Tax-managed 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, Ab Tax-managed autocorrelation shows the relationship between Ab Tax-managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Tax Managed Wealth.
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 ATWAX Mutual Fund
Ab Tax-managed financial ratios help investors to determine whether ATWAX 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 ATWAX with respect to the benefits of owning Ab Tax-managed security.
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