One Choice 2025 Fund Market Value
| ARWAX Fund | USD 13.47 0.02 0.15% |
| Symbol | One |
One Choice '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 One Choice'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 One Choice.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in One Choice on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding One Choice 2025 or generate 0.0% return on investment in One Choice over 30 days. One Choice is related to or competes with Mid Cap, Equity Growth, Income Growth, Diversified Bond, Emerging Markets, Short Term, and Value Fund. The fund is a fund of funds, meaning that it seeks to achieve its objective by investing in other American Century mutua... More
One Choice 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 One Choice'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 One Choice 2025 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4232 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 1.77 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.5785 |
One Choice Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for One Choice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as One Choice's standard deviation. In reality, there are many statistical measures that can use One Choice historical prices to predict the future One Choice's volatility.| Risk Adjusted Performance | 0.0114 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0015 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of One Choice'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.
One Choice 2025 Backtested Returns
We consider One Choice very steady. One Choice 2025 maintains Sharpe Ratio (i.e., Efficiency) of 0.0147, which implies the entity had a 0.0147% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for One Choice 2025, which you can use to evaluate the volatility of the fund. Please check One Choice's Semi Deviation of 0.3621, coefficient of variation of 3407.08, and Risk Adjusted Performance of 0.0114 to confirm if the risk estimate we provide is consistent with the expected return of 0.0055%. The fund holds a Beta of 0.54, which implies possible diversification benefits within a given portfolio. As returns on the market increase, One Choice's returns are expected to increase less than the market. However, during the bear market, the loss of holding One Choice is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
One Choice 2025 has average predictability. Overlapping area represents the amount of predictability between One Choice time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 One Choice 2025 price movement. The serial correlation of 0.42 indicates that just about 42.0% of current One Choice price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
One Choice 2025 lagged returns against current returns
Autocorrelation, which is One Choice 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 One Choice's mutual fund expected returns. We can calculate the autocorrelation of One Choice returns to help us make a trade decision. For example, suppose you find that One Choice 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 |
One Choice 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 One Choice mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if One Choice mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in One Choice mutual fund over time.
Current vs Lagged Prices |
| Timeline |
One Choice Lagged Returns
When evaluating One Choice's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of One Choice mutual fund have on its future price. One Choice 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, One Choice autocorrelation shows the relationship between One Choice mutual fund current value and its past values and can show if there is a momentum factor associated with investing in One Choice 2025.
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 One Choice 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, One Choice's short interest history, or implied volatility extrapolated from One Choice options trading.
Pair Trading with One Choice
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if One Choice position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in One Choice will appreciate offsetting losses from the drop in the long position's value.Moving together with One Mutual Fund
| 0.94 | AMDVX | Mid Cap Value | PairCorr |
| 0.94 | AMEIX | Equity Growth | PairCorr |
| 0.96 | AMGIX | Income Growth | PairCorr |
| 0.88 | AMKIX | Emerging Markets | PairCorr |
The ability to find closely correlated positions to One Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace One Choice when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back One Choice - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling One Choice 2025 to buy it.
The correlation of One Choice is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as One Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if One Choice 2025 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for One Choice can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out One Choice Correlation, One Choice Volatility and One Choice Alpha and Beta module to complement your research on One Choice. Note that the One Choice 2025 information on this page should be used as a complementary analysis to other One Choice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
One Choice 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.