Ave Maria Value Fund Market Value

AVEMX Fund  USD 25.14  0.47  1.91%   
Ave Maria's market value is the price at which a share of Ave Maria trades on a public exchange. It measures the collective expectations of Ave Maria Value investors about its performance. Ave Maria is trading at 25.14 as of the 28th of March 2024; that is 1.91% increase since the beginning of the trading day. The fund's open price was 24.67.
With this module, you can estimate the performance of a buy and hold strategy of Ave Maria Value and determine expected loss or profit from investing in Ave Maria over a given investment horizon. Check out Ave Maria Correlation, Ave Maria Volatility and Ave Maria Alpha and Beta module to complement your research on Ave Maria.
Symbol

Please note, there is a significant difference between Ave Maria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ave Maria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ave Maria's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ave Maria '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 Ave Maria'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 Ave Maria.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Ave Maria on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ave Maria Value or generate 0.0% return on investment in Ave Maria over 30 days. Ave Maria is related to or competes with USCF Gold, Ave Maria, Ave Maria, Ave Maria, Ave Maria, Ave Maria, and Capital Income. The fund invests primarily in common stocks believed by the adviser to be priced at a discount to their true value accor... More

Ave Maria 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 Ave Maria'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 Ave Maria Value upside and downside potential and time the market with a certain degree of confidence.

Ave Maria Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ave Maria's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ave Maria's standard deviation. In reality, there are many statistical measures that can use Ave Maria historical prices to predict the future Ave Maria's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ave Maria'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.
Hype
Prediction
LowEstimatedHigh
24.3325.0925.85
Details
Intrinsic
Valuation
LowRealHigh
22.1222.8827.65
Details
Naive
Forecast
LowNextHigh
24.4025.1625.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.4524.8625.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ave Maria. Your research has to be compared to or analyzed against Ave Maria's peers to derive any actionable benefits. When done correctly, Ave Maria's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ave Maria Value.

Ave Maria Value Backtested Returns

We consider Ave Maria very steady. Ave Maria Value secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Ave Maria Value, which you can use to evaluate the volatility of the entity. Please confirm Ave Maria's mean deviation of 0.5636, and Risk Adjusted Performance of 0.0601 to double-check if the risk estimate we provide is consistent with the expected return of 0.0878%. The fund shows a Beta (market volatility) of 1.15, which signifies a somewhat significant risk relative to the market. Ave Maria returns are very sensitive to returns on the market. As the market goes up or down, Ave Maria is expected to follow.

Auto-correlation

    
  0.65  

Good predictability

Ave Maria Value has good predictability. Overlapping area represents the amount of predictability between Ave Maria time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Ave Maria Value price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Ave Maria price fluctuation can be explain by its past prices.
Correlation Coefficient0.65
Spearman Rank Test0.64
Residual Average0.0
Price Variance0.1

Ave Maria Value lagged returns against current returns

Autocorrelation, which is Ave Maria 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 Ave Maria's mutual fund expected returns. We can calculate the autocorrelation of Ave Maria returns to help us make a trade decision. For example, suppose you find that Ave Maria 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  

Ave Maria 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 Ave Maria mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ave Maria mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ave Maria mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Ave Maria Lagged Returns

When evaluating Ave Maria's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ave Maria mutual fund have on its future price. Ave Maria 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, Ave Maria autocorrelation shows the relationship between Ave Maria mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ave Maria Value.
   Regressed Prices   
       Timeline  

Pair Trading with Ave Maria

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 Ave Maria 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 Ave Maria will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ave Mutual Fund

  0.81USG USCF Gold Strategy Symbol ChangePairCorr
  0.74AVEGX Ave Maria GrowthPairCorr
  0.8AVEFX Ave Maria BondPairCorr
  0.84AVEDX Ave Maria RisingPairCorr
  0.65AVEAX Ave Maria FocusedPairCorr
The ability to find closely correlated positions to Ave Maria could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ave Maria 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 Ave Maria - 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 Ave Maria Value to buy it.
The correlation of Ave Maria 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 Ave Maria moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ave Maria Value 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 Ave Maria 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.
Pair CorrelationCorrelation Matching
Check out Ave Maria Correlation, Ave Maria Volatility and Ave Maria Alpha and Beta module to complement your research on Ave Maria.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Ave Maria 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.
A focus of Ave Maria technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ave Maria trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...