We consider American Beacon not too risky. American Beacon Large
secures Sharpe Ratio (or Efficiency) of 0.1435 which signifies that American Beacon Large
had 0.1435% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for American Beacon Large Cap Value C which you can use to evaluate future volatility of the entity. Please confirm American Beacon Large Mean Deviation
of 0.3368 and Risk Adjusted Performance
of 0.0765 to double-check if risk estimate we provide are consistent with the epected return of 0.063%. The organization shows Beta (market volatility) of 0.516 which signifies that as returns on market increase, American Beacon returns are expected to increase less than the market. However during bear market, the loss on holding American Beacon will be expected to be smaller as well.. Although it is extremely important to respect American Beacon Large
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing American Beacon Large technical indicators
you can presently evaluate if the expected return of 0.063% will be sustainable into the future.
|15 days auto-correlation|| 0.25 |
American Beacon Large Cap Value C has poor predictability. Overlapping area represents the amount of predictability between American Beacon time series from August 20, 2018 to September 4, 2018 and September 4, 2018 to September 19, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Beacon Large price movement. The serial correlation of 0.25 indicates that over 25.0% of current American Beacon price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.44|