Active International Allocation Fund Market Value
| MSACX Fund | USD 17.40 0.29 1.69% |
| Symbol | Active |
Active 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 Active 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 Active International.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Active International on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Active International Allocation or generate 0.0% return on investment in Active International over 90 days. Active International is related to or competes with Invesco Comstock, Invesco Equally-weighted, and Growth Portfolio. The Adviser utilizes a proprietary top-down framework to quantitatively and qualitatively rank countries relative to one... More
Active 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 Active 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 Active International Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.2752 | |||
| Maximum Drawdown | 4.6 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.69 |
Active International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Active International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Active International's standard deviation. In reality, there are many statistical measures that can use Active International historical prices to predict the future Active International's volatility.| Risk Adjusted Performance | 0.1434 | |||
| Jensen Alpha | 0.1864 | |||
| Total Risk Alpha | 0.2489 | |||
| Sortino Ratio | 0.2402 | |||
| Treynor Ratio | 0.3019 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Active International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Active International Backtested Returns
At this stage we consider Active Mutual Fund to be very steady. Active International secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Active International Allocation, which you can use to evaluate the volatility of the entity. Please confirm Active International's Risk Adjusted Performance of 0.1434, downside deviation of 1.02, and Mean Deviation of 0.6575 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 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Active International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Active International is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Active International Allocation has modest predictability. Overlapping area represents the amount of predictability between Active International 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 Active International price movement. The serial correlation of 0.54 indicates that about 54.0% of current Active International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Active International lagged returns against current returns
Autocorrelation, which is Active 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 Active International's mutual fund expected returns. We can calculate the autocorrelation of Active International returns to help us make a trade decision. For example, suppose you find that Active 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 |
Active 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 Active International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Active 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 Active International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Active International Lagged Returns
When evaluating Active International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Active International mutual fund have on its future price. Active 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, Active International autocorrelation shows the relationship between Active International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Active International Allocation.
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 Active Mutual Fund
Active International financial ratios help investors to determine whether Active 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 Active with respect to the benefits of owning Active International security.
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