Americafirst Large Cap Fund Market Value

SBQAX Fund  USD 14.58  0.06  0.41%   
Americafirst Large's market value is the price at which a share of Americafirst Large trades on a public exchange. It measures the collective expectations of Americafirst Large Cap investors about its performance. Americafirst Large is trading at 14.58 as of the 29th of November 2024; that is 0.41% down since the beginning of the trading day. The fund's open price was 14.64.
With this module, you can estimate the performance of a buy and hold strategy of Americafirst Large Cap and determine expected loss or profit from investing in Americafirst Large over a given investment horizon. Check out Americafirst Large Correlation, Americafirst Large Volatility and Americafirst Large Alpha and Beta module to complement your research on Americafirst Large.
Symbol

Please note, there is a significant difference between Americafirst Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Americafirst Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Americafirst Large'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.

Americafirst Large '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 Americafirst Large'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 Americafirst Large.
0.00
10/30/2024
No Change 0.00  0.0 
In 30 days
11/29/2024
0.00
If you would invest  0.00  in Americafirst Large on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Americafirst Large Cap or generate 0.0% return on investment in Americafirst Large over 30 days. Americafirst Large is related to or competes with Morningstar Unconstrained, Thrivent High, Via Renewables, Bayview Acquisition, T Rowe, Coca Cola, and Sitka Gold. The fund invests primarily in common stocks of companies that are selected using the investment advisors alpha trends fa... More

Americafirst Large 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 Americafirst Large'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 Americafirst Large Cap upside and downside potential and time the market with a certain degree of confidence.

Americafirst Large Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Americafirst Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Americafirst Large's standard deviation. In reality, there are many statistical measures that can use Americafirst Large historical prices to predict the future Americafirst Large's volatility.
Hype
Prediction
LowEstimatedHigh
13.6514.5815.51
Details
Intrinsic
Valuation
LowRealHigh
14.5515.4816.41
Details
Naive
Forecast
LowNextHigh
13.4514.3815.31
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.2814.1915.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Americafirst Large. Your research has to be compared to or analyzed against Americafirst Large's peers to derive any actionable benefits. When done correctly, Americafirst Large's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Americafirst Large Cap.

Americafirst Large Cap Backtested Returns

At this stage we consider Americafirst Mutual Fund to be very steady. Americafirst Large Cap secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the fund had a 0.21% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Americafirst Large Cap, which you can use to evaluate the volatility of the entity. Please confirm Americafirst Large's risk adjusted performance of 0.1251, and Mean Deviation of 0.6357 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. The fund shows a Beta (market volatility) of 0.98, which signifies possible diversification benefits within a given portfolio. Americafirst Large returns are very sensitive to returns on the market. As the market goes up or down, Americafirst Large is expected to follow.

Auto-correlation

    
  0.77  

Good predictability

Americafirst Large Cap has good predictability. Overlapping area represents the amount of predictability between Americafirst Large time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Americafirst Large Cap price movement. The serial correlation of 0.77 indicates that around 77.0% of current Americafirst Large price fluctuation can be explain by its past prices.
Correlation Coefficient0.77
Spearman Rank Test0.71
Residual Average0.0
Price Variance0.02

Americafirst Large Cap lagged returns against current returns

Autocorrelation, which is Americafirst Large 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 Americafirst Large's mutual fund expected returns. We can calculate the autocorrelation of Americafirst Large returns to help us make a trade decision. For example, suppose you find that Americafirst Large 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  

Americafirst Large 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 Americafirst Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Americafirst Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Americafirst Large mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Americafirst Large Lagged Returns

When evaluating Americafirst Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Americafirst Large mutual fund have on its future price. Americafirst Large 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, Americafirst Large autocorrelation shows the relationship between Americafirst Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Americafirst Large Cap.
   Regressed Prices   
       Timeline  

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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 Americafirst Mutual Fund

Americafirst Large financial ratios help investors to determine whether Americafirst 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 Americafirst with respect to the benefits of owning Americafirst Large security.
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