Aim International Mutual Fund Market Value
| INSLX Fund | USD 38.14 0.21 0.55% |
| Symbol | Aim |
Aim International '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 Aim International'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 Aim International.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Aim International on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Aim International Mutual or generate 0.0% return on investment in Aim International over 30 days. Aim International is related to or competes with Transamerica Intermediate, Oklahoma Municipal, Ab Impact, T Rowe, Baird Strategic, and Morningstar Municipal. Under normal market conditions, the fund will invest at least 80 percent of its net assets, plus borrowings for investme... More
Aim International 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 Aim International'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 Aim International Mutual upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 12.92 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.9732 |
Aim International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aim International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aim International's standard deviation. In reality, there are many statistical measures that can use Aim International historical prices to predict the future Aim International's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.42) |
Aim International Mutual Backtested Returns
Aim International Mutual secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the fund had a -0.17% return per unit of risk over the last 3 months. Aim International Mutual exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aim International's Risk Adjusted Performance of (0.11), standard deviation of 1.49, and Mean Deviation of 0.7401 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aim International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aim International is expected to be smaller as well.
Auto-correlation | -0.87 |
Excellent reverse predictability
Aim International Mutual has excellent reverse predictability. Overlapping area represents the amount of predictability between Aim International time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Aim International Mutual price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Aim International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 4.27 |
Aim International Mutual lagged returns against current returns
Autocorrelation, which is Aim International 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 Aim International's mutual fund expected returns. We can calculate the autocorrelation of Aim International returns to help us make a trade decision. For example, suppose you find that Aim International 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 |
Aim International 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 Aim International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aim International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aim International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aim International Lagged Returns
When evaluating Aim International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aim International mutual fund have on its future price. Aim International 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, Aim International autocorrelation shows the relationship between Aim International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aim International Mutual.
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 Aim Mutual Fund
Aim International financial ratios help investors to determine whether Aim 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 Aim with respect to the benefits of owning Aim International security.
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