Cibc Atlas All Fund Market Value
| AWGIX Fund | USD 44.93 0.26 0.58% |
| Symbol | Cibc |
Cibc Atlas '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 Cibc Atlas' 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 Cibc Atlas.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Cibc Atlas on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Cibc Atlas All or generate 0.0% return on investment in Cibc Atlas over 720 days. Cibc Atlas is related to or competes with Invesco Disciplined, At Income, At Mid, Cibc Atlas, and At Equity. The fund seeks to achieve its investment objective by investing primarily in common stocks of U.S More
Cibc Atlas 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 Cibc Atlas' 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 Cibc Atlas All upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.29 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 1.82 |
Cibc Atlas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cibc Atlas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cibc Atlas' standard deviation. In reality, there are many statistical measures that can use Cibc Atlas historical prices to predict the future Cibc Atlas' volatility.| Risk Adjusted Performance | 0.077 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0866 |
Cibc Atlas All Backtested Returns
At this stage we consider Cibc Mutual Fund to be very steady. Cibc Atlas All secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Cibc Atlas All, which you can use to evaluate the volatility of the entity. Please confirm Cibc Atlas' mean deviation of 0.8364, and Risk Adjusted Performance of 0.077 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 1.18, 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, Cibc Atlas will likely underperform.
Auto-correlation | 0.73 |
Good predictability
Cibc Atlas All has good predictability. Overlapping area represents the amount of predictability between Cibc Atlas time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 Cibc Atlas All price movement. The serial correlation of 0.73 indicates that around 73.0% of current Cibc Atlas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 8.81 |
Cibc Atlas All lagged returns against current returns
Autocorrelation, which is Cibc Atlas 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 Cibc Atlas' mutual fund expected returns. We can calculate the autocorrelation of Cibc Atlas returns to help us make a trade decision. For example, suppose you find that Cibc Atlas 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 |
Cibc Atlas 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 Cibc Atlas mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cibc Atlas mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cibc Atlas mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cibc Atlas Lagged Returns
When evaluating Cibc Atlas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cibc Atlas mutual fund have on its future price. Cibc Atlas 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, Cibc Atlas autocorrelation shows the relationship between Cibc Atlas mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cibc Atlas All.
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 Cibc Mutual Fund
Cibc Atlas financial ratios help investors to determine whether Cibc 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 Cibc with respect to the benefits of owning Cibc Atlas security.
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