Amg River Road Fund Market Value
| ARDEX Fund | USD 9.31 0.03 0.32% |
| Symbol | Amg |
Amg River '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 Amg River'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 Amg River.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Amg River on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Amg River Road or generate 0.0% return on investment in Amg River over 30 days. Amg River is related to or competes with Pear Tree, Artisan Global, Amg River, Tcw Relative, and Aston Montag. Under normal conditions, the fund invests at least 80 percent of its assets in equity securities More
Amg River 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 Amg River'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 Amg River Road upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.02 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 0.8705 |
Amg River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amg River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amg River's standard deviation. In reality, there are many statistical measures that can use Amg River historical prices to predict the future Amg River's volatility.| Risk Adjusted Performance | 0.0148 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0063 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amg River'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.
Amg River Road Backtested Returns
We consider Amg River very steady. Amg River Road secures Sharpe Ratio (or Efficiency) of 0.0018, which signifies that the fund had a 0.0018% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Amg River Road, which you can use to evaluate the volatility of the entity. Please confirm Amg River's risk adjusted performance of 0.0148, and Mean Deviation of 0.5217 to double-check if the risk estimate we provide is consistent with the expected return of 0.0014%. The fund shows a Beta (market volatility) of 0.98, which signifies possible diversification benefits within a given portfolio. Amg River returns are very sensitive to returns on the market. As the market goes up or down, Amg River is expected to follow.
Auto-correlation | -0.43 |
Modest reverse predictability
Amg River Road has modest reverse predictability. Overlapping area represents the amount of predictability between Amg River time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Amg River Road price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Amg River price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Amg River Road lagged returns against current returns
Autocorrelation, which is Amg River 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 Amg River's mutual fund expected returns. We can calculate the autocorrelation of Amg River returns to help us make a trade decision. For example, suppose you find that Amg River 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 |
Amg River 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 Amg River mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amg River mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amg River mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Amg River Lagged Returns
When evaluating Amg River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amg River mutual fund have on its future price. Amg River 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, Amg River autocorrelation shows the relationship between Amg River mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amg River Road.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amg River in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amg River's short interest history, or implied volatility extrapolated from Amg River options trading.
Pair Trading with Amg River
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amg River position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amg River will appreciate offsetting losses from the drop in the long position's value.Moving together with Amg Mutual Fund
| 0.73 | FQUAX | Amg Fq Long | PairCorr |
| 0.8 | SSSFX | Amg Southernsun Small | PairCorr |
| 0.8 | SSSIX | Amg Southernsun Small | PairCorr |
The ability to find closely correlated positions to Amg River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amg River when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amg River - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amg River Road to buy it.
The correlation of Amg River is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amg River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amg River Road moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amg River can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Amg River Correlation, Amg River Volatility and Amg River Alpha and Beta module to complement your research on Amg River. Note that the Amg River Road information on this page should be used as a complementary analysis to other Amg River's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Amg River technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.