Aberdeen Asia Pacific If Fund Market Value
| FAX Fund | USD 16.06 0.02 0.12% |
| Symbol | Aberdeen |
Aberdeen Asia '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'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.
| 12/23/2024 |
| 03/23/2025 |
If you would invest 0.00 in Aberdeen Asia on December 23, 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 over 90 days. Aberdeen Asia 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 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'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 | 0.7449 | |||
| Information Ratio | 0.2002 | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.1 |
Aberdeen Asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Asia's standard deviation. In reality, there are many statistical measures that can use Aberdeen Asia historical prices to predict the future Aberdeen Asia's volatility.| Risk Adjusted Performance | 0.0948 | |||
| Jensen Alpha | 0.0731 | |||
| Total Risk Alpha | 0.1105 | |||
| Sortino Ratio | 0.1731 | |||
| Treynor Ratio | 0.3585 |
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 0.23, which signifies that the fund had a 0.23 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Aberdeen Asia Pacific If, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen Asia's mean deviation of 0.4791, and Risk Adjusted Performance of 0.0948 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. 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's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen Asia is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
Aberdeen Asia Pacific If has good predictability. Overlapping area represents the amount of predictability between Aberdeen Asia time series from 23rd of December 2024 to 6th of February 2025 and 6th of February 2025 to 23rd 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 0.75 indicates that around 75.0% of current Aberdeen Asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Aberdeen Asia Pacific lagged returns against current returns
Autocorrelation, which is Aberdeen Asia 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's fund expected returns. We can calculate the autocorrelation of Aberdeen Asia returns to help us make a trade decision. For example, suppose you find that Aberdeen Asia 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 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 fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Asia 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 fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Asia Lagged Returns
When evaluating Aberdeen Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Asia fund have on its future price. Aberdeen Asia 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 autocorrelation shows the relationship between Aberdeen Asia 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 |
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Other Information on Investing in Aberdeen Fund
Aberdeen Asia 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 security.
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