Aberdeen Asia Pacific If Fund Market Value
| FAX Fund | USD 15.72 0.12 0.76% |
| Symbol | Aberdeen |
Aberdeen Asia-pacific '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 Asia-pacific's 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 Asia-pacific.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Aberdeen Asia-pacific on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen Asia Pacific If or generate 0.0% return on investment in Aberdeen Asia-pacific over 90 days. Aberdeen Asia-pacific is related to or competes with Aberdeen Australia, Aberdeen Japan, Stone Harbor, Aberdeen Global, European Equity, New Germany, and Doubleline Income. Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard I... More
Aberdeen Asia-pacific 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 Asia-pacific's 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 Asia Pacific If upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7287 | |||
| Information Ratio | 0.2515 | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.1 |
Aberdeen Asia-pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Asia-pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Asia-pacific's standard deviation. In reality, there are many statistical measures that can use Aberdeen Asia-pacific historical prices to predict the future Aberdeen Asia-pacific's volatility.| Risk Adjusted Performance | 0.033 | |||
| Jensen Alpha | 0.0407 | |||
| Total Risk Alpha | 0.1241 | |||
| Sortino Ratio | 0.2189 | |||
| Treynor Ratio | 0.1046 |
Aberdeen Asia Pacific Backtested Returns
At this stage we consider Aberdeen Fund to be very steady. Aberdeen Asia Pacific secures Sharpe Ratio (or Efficiency) of 0.0885, which signifies that the fund had a 0.0885 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aberdeen Asia Pacific If, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen Asia-pacific's risk adjusted performance of 0.033, and Mean Deviation of 0.4752 to double-check if the risk estimate we provide is consistent with the expected return of 0.057%. The fund shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aberdeen Asia-pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen Asia-pacific is expected to be smaller as well.
Auto-correlation | 0.45 |
Average predictability
Aberdeen Asia Pacific If has average predictability. Overlapping area represents the amount of predictability between Aberdeen Asia-pacific 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 Asia Pacific price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Aberdeen Asia-pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Aberdeen Asia Pacific lagged returns against current returns
Autocorrelation, which is Aberdeen Asia-pacific 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 Asia-pacific's fund expected returns. We can calculate the autocorrelation of Aberdeen Asia-pacific returns to help us make a trade decision. For example, suppose you find that Aberdeen Asia-pacific has exhibited high autocorrelation historically, and you observe that the 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 Asia-pacific 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 Asia-pacific fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Asia-pacific fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Asia-pacific fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Asia-pacific Lagged Returns
When evaluating Aberdeen Asia-pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Asia-pacific fund have on its future price. Aberdeen Asia-pacific 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 Asia-pacific autocorrelation shows the relationship between Aberdeen Asia-pacific fund current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Asia Pacific If.
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 Fund
Aberdeen Asia-pacific financial ratios help investors to determine whether Aberdeen 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 Asia-pacific security.
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