Asg Managed Futures Fund Market Value
AMFAX Fund | USD 9.77 0.03 0.31% |
Symbol | Asg |
Asg Managed '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 Asg Managed'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 Asg Managed.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in Asg Managed on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Asg Managed Futures or generate 0.0% return on investment in Asg Managed over 720 days. Asg Managed is related to or competes with Aqr Managed, Pimco Trends, American Beacon, Asg Managed, Abbey Capital, Abbey Capital, and Asg Managed. The Adviser typically will make extensive use of a variety of derivative instruments, including futures and forward cont... More
Asg Managed 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 Asg Managed'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 Asg Managed Futures upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.582 | |||
Information Ratio | (0.03) | |||
Maximum Drawdown | 2.79 | |||
Value At Risk | (0.84) | |||
Potential Upside | 0.8325 |
Asg Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asg Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asg Managed's standard deviation. In reality, there are many statistical measures that can use Asg Managed historical prices to predict the future Asg Managed's volatility.Risk Adjusted Performance | 0.1143 | |||
Jensen Alpha | 0.0166 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.1482 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Asg Managed'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.
Asg Managed Futures Backtested Returns
We consider Asg Managed very steady. Asg Managed Futures secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Asg Managed Futures, which you can use to evaluate the volatility of the entity. Please confirm Asg Managed's mean deviation of 0.4596, and Risk Adjusted Performance of 0.1143 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asg Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asg Managed is expected to be smaller as well.
Auto-correlation | 0.38 |
Below average predictability
Asg Managed Futures has below average predictability. Overlapping area represents the amount of predictability between Asg Managed time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 Asg Managed Futures price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Asg Managed price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.38 | |
Spearman Rank Test | -0.1 | |
Residual Average | 0.0 | |
Price Variance | 0.06 |
Asg Managed Futures lagged returns against current returns
Autocorrelation, which is Asg Managed 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 Asg Managed's mutual fund expected returns. We can calculate the autocorrelation of Asg Managed returns to help us make a trade decision. For example, suppose you find that Asg Managed 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 |
Asg Managed 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 Asg Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asg Managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asg Managed mutual fund over time.
Current vs Lagged Prices |
Timeline |
Asg Managed Lagged Returns
When evaluating Asg Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asg Managed mutual fund have on its future price. Asg Managed 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, Asg Managed autocorrelation shows the relationship between Asg Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Asg Managed Futures.
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 Asg Managed 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, Asg Managed's short interest history, or implied volatility extrapolated from Asg Managed options trading.
Pair Trading with Asg Managed
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 Asg Managed 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 Asg Managed will appreciate offsetting losses from the drop in the long position's value.Moving together with Asg Mutual Fund
1.0 | AMFNX | Asg Managed Futures | PairCorr |
0.94 | GCPAX | Gateway Equity Call | PairCorr |
0.94 | GCPCX | Gateway Equity Call | PairCorr |
The ability to find closely correlated positions to Asg Managed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asg Managed 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 Asg Managed - 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 Asg Managed Futures to buy it.
The correlation of Asg Managed 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 Asg Managed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asg Managed Futures 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 Asg Managed 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 Asg Managed Correlation, Asg Managed Volatility and Asg Managed Alpha and Beta module to complement your research on Asg Managed. Note that the Asg Managed Futures information on this page should be used as a complementary analysis to other Asg Managed'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Asg Mutual Fund analysis
When running Asg Managed's price analysis, check to measure Asg Managed's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asg Managed is operating at the current time. Most of Asg Managed's value examination focuses on studying past and present price action to predict the probability of Asg Managed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asg Managed's price. Additionally, you may evaluate how the addition of Asg Managed to your portfolios can decrease your overall portfolio volatility.
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Asg Managed 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.