Ab Fixed Income Shares Fund Market Value
| MYMXX Fund | 1.00 0.00 0.00% |
| Symbol | MYMXX |
Please note, there is a significant difference between Ab Fixed-income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Fixed-income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Fixed-income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ab Fixed-income '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 Ab Fixed-income's money market 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 Ab Fixed-income.
| 07/11/2023 |
| 01/01/2025 |
If you would invest 0.00 in Ab Fixed-income on July 11, 2023 and sell it all today you would earn a total of 0.00 from holding Ab Fixed Income Shares or generate 0.0% return on investment in Ab Fixed-income over 540 days. Ab Fixed-income is related to or competes with Amg River, Ultramid-cap Profund, Queens Road, Mutual Of, Lord Abbett, American Century, and Mid-cap Value. Ab Fixed-income is entity of United States More
Ab Fixed-income 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 Ab Fixed-income's money market 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 Ab Fixed Income Shares upside and downside potential and time the market with a certain degree of confidence.
Ab Fixed-income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Fixed-income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Fixed-income's standard deviation. In reality, there are many statistical measures that can use Ab Fixed-income historical prices to predict the future Ab Fixed-income's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ab Fixed-income'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.
Ab Fixed Income Backtested Returns
We have found three technical indicators for Ab Fixed-income, which you can use to evaluate the volatility of the entity. The fund owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Ab Fixed-income are completely uncorrelated.
Auto-correlation | 0.89 |
Very good predictability
Ab Fixed Income Shares has very good predictability. Overlapping area represents the amount of predictability between Ab Fixed-income time series from 11th of July 2023 to 6th of April 2024 and 6th of April 2024 to 1st of January 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 Ab Fixed Income price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Ab Fixed-income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ab Fixed Income lagged returns against current returns
Autocorrelation, which is Ab Fixed-income money market 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 Ab Fixed-income's money market fund expected returns. We can calculate the autocorrelation of Ab Fixed-income returns to help us make a trade decision. For example, suppose you find that Ab Fixed-income has exhibited high autocorrelation historically, and you observe that the money market 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 |
Ab Fixed-income 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 Ab Fixed-income money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Fixed-income money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ab Fixed-income money market fund over time.
Current vs Lagged Prices |
| Timeline |
Ab Fixed-income Lagged Returns
When evaluating Ab Fixed-income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Fixed-income money market fund have on its future price. Ab Fixed-income 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, Ab Fixed-income autocorrelation shows the relationship between Ab Fixed-income money market fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Fixed Income Shares.
Regressed Prices |
| Timeline |
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Other Information on Investing in MYMXX Money Market Fund
Ab Fixed-income financial ratios help investors to determine whether MYMXX Money Market 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 MYMXX with respect to the benefits of owning Ab Fixed-income security.
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