Amg Yacktman Special Fund Market Value
| YASLX Fund | USD 10.94 0.01 0.09% |
| Symbol | Amg |
Amg Yacktman '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 Amg Yacktman'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 Amg Yacktman.
| 05/18/2022 |
| 05/07/2024 |
If you would invest 0.00 in Amg Yacktman on May 18, 2022 and sell it all today you would earn a total of 0.00 from holding Amg Yacktman Special or generate 0.0% return on investment in Amg Yacktman over 720 days. Amg Yacktman is related to or competes with Amg Southernsun, Amg Southernsun, Amg Fq, Amg Southernsun, Amg Southernsun, Amg Managers, and Amg Managers. The funds investment strategy consists of purchasing securities where the Subadviser believes the current market price o... More
Amg Yacktman 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 Amg Yacktman'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 Amg Yacktman Special upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7399 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.93 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.9355 |
Amg Yacktman Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amg Yacktman's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amg Yacktman's standard deviation. In reality, there are many statistical measures that can use Amg Yacktman historical prices to predict the future Amg Yacktman's volatility.| Risk Adjusted Performance | 0.0543 | |||
| Jensen Alpha | 2.0E-4 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0698 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amg Yacktman'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.
Amg Yacktman Special Backtested Returns
We consider Amg Yacktman very steady. Amg Yacktman Special secures Sharpe Ratio (or Efficiency) of 0.0658, which signifies that the fund had a 0.0658% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amg Yacktman Special, which you can use to evaluate the volatility of the entity. Please confirm Amg Yacktman's risk adjusted performance of 0.0543, and Mean Deviation of 0.484 to double-check if the risk estimate we provide is consistent with the expected return of 0.0407%. The fund shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amg Yacktman's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amg Yacktman is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Amg Yacktman Special has below average predictability. Overlapping area represents the amount of predictability between Amg Yacktman time series from 18th of May 2022 to 13th of May 2023 and 13th of May 2023 to 7th 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 Amg Yacktman Special price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Amg Yacktman price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Amg Yacktman Special lagged returns against current returns
Autocorrelation, which is Amg Yacktman 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 Amg Yacktman's mutual fund expected returns. We can calculate the autocorrelation of Amg Yacktman returns to help us make a trade decision. For example, suppose you find that Amg Yacktman 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 |
Amg Yacktman 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 Amg Yacktman mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amg Yacktman mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amg Yacktman mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Amg Yacktman Lagged Returns
When evaluating Amg Yacktman's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amg Yacktman mutual fund have on its future price. Amg Yacktman 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, Amg Yacktman autocorrelation shows the relationship between Amg Yacktman mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amg Yacktman Special.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Amg Yacktman Correlation, Amg Yacktman Volatility and Amg Yacktman Alpha and Beta module to complement your research on Amg Yacktman. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Amg Yacktman 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.