Ab Global E Fund Market Value

GCEAX Fund  USD 16.56  0.02  0.12%   
Ab Global's market value is the price at which a share of Ab Global trades on a public exchange. It measures the collective expectations of Ab Global E investors about its performance. Ab Global is trading at 16.56 as of the 29th of March 2024; that is 0.12 percent up since the beginning of the trading day. The fund's open price was 16.54.
With this module, you can estimate the performance of a buy and hold strategy of Ab Global E and determine expected loss or profit from investing in Ab Global over a given investment horizon. Check out Ab Global Correlation, Ab Global Volatility and Ab Global Alpha and Beta module to complement your research on Ab Global.
Symbol

Please note, there is a significant difference between Ab Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Global'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.

Ab Global '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 Ab Global'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 Ab Global.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Ab Global on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Ab Global E or generate 0.0% return on investment in Ab Global over 720 days. Ab Global is related to or competes with American Funds, American Funds, Capital World, Capital World, Capital World, Capital World, and Capital World. The fund invests primarily in a portfolio of equity securities of issuers from markets around the world More

Ab Global 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 Ab Global'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 Ab Global E upside and downside potential and time the market with a certain degree of confidence.

Ab Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Global's standard deviation. In reality, there are many statistical measures that can use Ab Global historical prices to predict the future Ab Global's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ab Global'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
0.000.000.59
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.59
Details
Naive
Forecast
LowNextHigh
15.8616.4517.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.9016.2816.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ab Global. Your research has to be compared to or analyzed against Ab Global's peers to derive any actionable benefits. When done correctly, Ab Global'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 Ab Global E.

Ab Global E Backtested Returns

We consider Ab Global out of control. Ab Global E retains Efficiency (Sharpe Ratio) of 0.18, which signifies that the fund had a 0.18% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Ab Global, which you can use to evaluate the volatility of the entity. Please confirm Ab Global's Standard Deviation of 0.5781, market risk adjusted performance of 0.103, and Coefficient Of Variation of 589.78 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund owns a Beta (Systematic Risk) of 0.95, which signifies possible diversification benefits within a given portfolio. Ab Global returns are very sensitive to returns on the market. As the market goes up or down, Ab Global is expected to follow.

Auto-correlation

    
  0.49  

Average predictability

Ab Global E has average predictability. Overlapping area represents the amount of predictability between Ab Global time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th 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 Ab Global E price movement. The serial correlation of 0.49 indicates that about 49.0% of current Ab Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.49
Spearman Rank Test0.18
Residual Average0.0
Price Variance0.46

Ab Global E lagged returns against current returns

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

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

Ab Global Lagged Returns

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

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Check out Ab Global Correlation, Ab Global Volatility and Ab Global Alpha and Beta module to complement your research on Ab Global.
Note that the Ab Global E information on this page should be used as a complementary analysis to other Ab Global'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 CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for GCEAX Mutual Fund analysis

When running Ab Global's price analysis, check to measure Ab Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ab Global is operating at the current time. Most of Ab Global's value examination focuses on studying past and present price action to predict the probability of Ab Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ab Global's price. Additionally, you may evaluate how the addition of Ab Global to your portfolios can decrease your overall portfolio volatility.
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Ab Global 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 Ab Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ab Global 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...