Ab Cap Backtesting

GCECX -- USA Fund  

USD 13.62  0.02  0.15%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Ab Cap Fund Inc - Ab Global Core Equity Portfo and determine expected loss or profit from investing in Ab Cap over given investment horizon. Please also check Ab Cap Hype Analysis, Ab Cap Correlation, Portfolio Optimization, Ab Cap Volatility as well as analyze Ab Cap Alpha and Beta and Ab Cap Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Ab Cap 'What if' Analysis

September 9, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
December 8, 2019
0.00
If you would invest  0.00  in Ab Cap on September 9, 2019 and sell it all today you would earn a total of 0.00 from holding Ab Cap Fund Inc - Ab Global Core Equity Portfo or generate 0.0% return on investment in Ab Cap over 90 days. Ab Cap is related to or competes with Invesco Oppenheimer, JPMorgan Global, American Funds, American Funds, American Funds, American Funds, and MSIF Global. The fund invests primarily in a portfolio of equity securities of issuers from markets around the world

Ab Cap Upside/Downside Indicators

Downside Deviation1.03
Information Ratio0.0042
Maximum Drawdown4.42
Value At Risk(1.36)
Potential Upside1.31

Ab Cap Market Premium Indicators

Risk Adjusted Performance0.0561
Jensen Alpha(0.005617)
Total Risk Alpha(0.024475)
Sortino Ratio0.0035
Treynor Ratio0.0582

Ab Cap Fund Backtested Returns

We consider Ab Cap not too volatile. Ab Cap Fund retains Efficiency (Sharpe Ratio) of 0.0806 which signifies that the fund had 0.0806% of return per unit of price deviation over the last 3 months. Our approach towards 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 Ab Cap which you can use to evaluate future volatility of the entity. Please confirm Ab Cap Fund Inc - Ab Global Core Equity Portfo Coefficient Of Variation of 1138.22, Market Risk Adjusted Performance of 0.0682 and Standard Deviation of 0.8731 to double-check if risk estimate we provide are consistent with the epected return of 0.0708%. The organization owns Beta (Systematic Risk) of 1.1467 which signifies that Ab Cap returns are very sensitive to returns on the market. as market goes up or down, Ab Cap is expected to follow. Although it is extremely important to respect Ab Cap Fund existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach towards 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 examining Ab Cap Fund technical indicators you can at this time evaluate if the expected return of 0.0708% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.45) 
correlation synergy

Modest reverse predictability

Ab Cap Fund Inc - Ab Global Core Equity Portfo has modest reverse predictability. Overlapping area represents the amount of predictability between Ab Cap time series from September 9, 2019 to October 24, 2019 and October 24, 2019 to December 8, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ab Cap Fund price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Ab Cap price fluctuation can be explain by its past prices. Given that Ab Cap Fund Inc - Ab Global Core Equity Portfo has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ab Cap for similar time interval.
Correlation Coefficient-0.45
Spearman Rank Test-0.08
Residual Average0.0
Price Variance0.02

Ab Cap Fund lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Ab Cap regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Ab Cap Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - GCECX

Ab Cap Fund Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Ab Cap Fund Inc - Ab Global Core Equity Portfo. What is your sentiment towards investing in Ab Cap Fund Inc - Ab Global Core Equity Portfo? Are you bullish or bearish?
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Please also check Ab Cap Hype Analysis, Ab Cap Correlation, Portfolio Optimization, Ab Cap Volatility as well as analyze Ab Cap Alpha and Beta and Ab Cap Performance. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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