Macroaxis considers AQR International to be not too volatile. AQR International
secures Sharpe Ratio (or Efficiency) of -0.0717 which signifies that AQR International
had -0.0717% of return per unit of risk over the last 1 month. Macroaxis philosophy in foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. AQR International Defensive Style R6 exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm AQR International Mean Deviation
of 0.6153 and Risk Adjusted Performance
of 0.06 to double-check risk estimate we provide. The organization shows Beta (market volatility) of 0.5861 which signifies that as returns on market increase, AQR International returns are expected to increase less than the market. However during bear market, the loss on holding AQR International will be expected to be smaller as well.. Even though it is essential to pay attention to AQR International historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. AQR International Defensive Style R6 exposes twenty-one different technical indicators which can help you to evaluate its performance.
|15 days auto-correlation|| 0.44 |
AQR International Defensive Style R6 has average predictability. Overlapping area represents the amount of predictability between AQR International time series from October 19, 2018 to November 3, 2018 and November 3, 2018 to November 18, 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 AQR International price movement. The serial correlation of 0.44 indicates that just about 44.0% of current AQR International price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.03|