Our philosophy in 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 American Century New Opportunities Inv which you can use to evaluate future volatility of the entity. Please confirm American Century New to double-check if risk estimate we provide are consistent with the epected return of 0.0%. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and American Century are completely uncorrelated. Although it is extremely important to respect American Century New
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in 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 analyzing American Century New technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|15 days auto-correlation|| 0.00 |
No correlation between past and present
American Century New Opportunities Inv has no correlation between past and present. Overlapping area represents the amount of predictability between American Century time series from August 24, 2018 to September 8, 2018 and September 8, 2018 to September 23, 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 American Century New price movement. The serial correlation of 0.0 indicates that just 0.0% of current American Century price fluctuation can be explain by its past prices.
|Spearman Rank Test||1.0|