Aew Real Estate Fund Market Value
| NRFYX Fund | USD 9.90 0.02 0.20% |
| Symbol | Aew |
Aew Real '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 Aew Real'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 Aew Real.
| 05/24/2023 |
| 04/18/2024 |
If you would invest 0.00 in Aew Real on May 24, 2023 and sell it all today you would earn a total of 0.00 from holding Aew Real Estate or generate 0.0% return on investment in Aew Real over 330 days. Aew Real is related to or competes with Global Real. The fund will invest at least 80 percent of its net assets in securities, including common stocks and preferred stocks, ... More
Aew Real 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 Aew Real'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 Aew Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.97 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.25 |
Aew Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aew Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aew Real's standard deviation. In reality, there are many statistical measures that can use Aew Real historical prices to predict the future Aew Real's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.1) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aew Real'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.
Aew Real Estate Backtested Returns
Aew Real Estate secures Sharpe Ratio (or Efficiency) of -0.0787, which signifies that the fund had a -0.0787% return per unit of risk over the last 3 months. Aew Real Estate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aew Real's Mean Deviation of 0.8036, standard deviation of 1.06, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.3, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aew Real will likely underperform.
Auto-correlation | 0.16 |
Very weak predictability
Aew Real Estate has very weak predictability. Overlapping area represents the amount of predictability between Aew Real time series from 24th of May 2023 to 5th of November 2023 and 5th of November 2023 to 18th 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 Aew Real Estate price movement. The serial correlation of 0.16 indicates that over 16.0% of current Aew Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Aew Real Estate lagged returns against current returns
Autocorrelation, which is Aew Real 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 Aew Real's mutual fund expected returns. We can calculate the autocorrelation of Aew Real returns to help us make a trade decision. For example, suppose you find that Aew Real 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 |
Aew Real 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 Aew Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aew Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aew Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aew Real Lagged Returns
When evaluating Aew Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aew Real mutual fund have on its future price. Aew Real 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, Aew Real autocorrelation shows the relationship between Aew Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aew Real Estate.
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 Aew Real 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, Aew Real's short interest history, or implied volatility extrapolated from Aew Real options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Aew Real Correlation, Aew Real Volatility and Aew Real Alpha and Beta module to complement your research on Aew Real. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Aew Real 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.