Aberdeen Emerging Markets Fund Market Value
| GEMRX Fund | USD 13.24 0.04 0.30% |
| Symbol | Aberdeen |
Aberdeen Emerging '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 Aberdeen Emerging'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 Aberdeen Emerging.
| 05/21/2022 |
| 05/10/2024 |
If you would invest 0.00 in Aberdeen Emerging on May 21, 2022 and sell it all today you would earn a total of 0.00 from holding Aberdeen Emerging Markets or generate 0.0% return on investment in Aberdeen Emerging over 720 days. Aberdeen Emerging is related to or competes with Vanguard Emerging, American Funds, American Funds, and New World. The fund invests primarily in common stocks, but may also invest in other types of equity securities, including, but not... More
Aberdeen Emerging 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 Aberdeen Emerging'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 Aberdeen Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7492 | |||
| Information Ratio | 0.0302 | |||
| Maximum Drawdown | 3.92 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.33 |
Aberdeen Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Emerging's standard deviation. In reality, there are many statistical measures that can use Aberdeen Emerging historical prices to predict the future Aberdeen Emerging's volatility.| Risk Adjusted Performance | 0.0937 | |||
| Jensen Alpha | 0.0885 | |||
| Total Risk Alpha | 0.0078 | |||
| Sortino Ratio | 0.0296 | |||
| Treynor Ratio | 0.7073 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aberdeen Emerging'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.
Aberdeen Emerging Markets Backtested Returns
We consider Aberdeen Emerging out of control. Aberdeen Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the fund had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aberdeen Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen Emerging's risk adjusted performance of 0.0937, and Mean Deviation of 0.5638 to double-check if the risk estimate we provide is consistent with the expected return of 0.0748%. The fund shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aberdeen Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen Emerging is expected to be smaller as well.
Auto-correlation | 0.48 |
Average predictability
Aberdeen Emerging Markets has average predictability. Overlapping area represents the amount of predictability between Aberdeen Emerging time series from 21st of May 2022 to 16th of May 2023 and 16th of May 2023 to 10th of May 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 Aberdeen Emerging Markets price movement. The serial correlation of 0.48 indicates that about 48.0% of current Aberdeen Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Aberdeen Emerging Markets lagged returns against current returns
Autocorrelation, which is Aberdeen Emerging 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 Aberdeen Emerging's mutual fund expected returns. We can calculate the autocorrelation of Aberdeen Emerging returns to help us make a trade decision. For example, suppose you find that Aberdeen Emerging 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 |
Aberdeen Emerging 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 Aberdeen Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Emerging Lagged Returns
When evaluating Aberdeen Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Emerging mutual fund have on its future price. Aberdeen Emerging 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, Aberdeen Emerging autocorrelation shows the relationship between Aberdeen Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Emerging Markets.
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 Aberdeen Emerging 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, Aberdeen Emerging's short interest history, or implied volatility extrapolated from Aberdeen Emerging options trading.
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Aberdeen Emerging 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.