Ab Small Cap Fund Market Value

SCAVX Fund  USD 14.09  0.34  2.47%   
Ab Small's market value is the price at which a share of Ab Small trades on a public exchange. It measures the collective expectations of Ab Small Cap investors about its performance. Ab Small is trading at 14.09 as of the 28th of March 2024; that is 2.47 percent up since the beginning of the trading day. The fund's open price was 13.75.
With this module, you can estimate the performance of a buy and hold strategy of Ab Small Cap and determine expected loss or profit from investing in Ab Small over a given investment horizon. Check out Ab Small Correlation, Ab Small Volatility and Ab Small Alpha and Beta module to complement your research on Ab Small.
Symbol

Please note, there is a significant difference between Ab Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Small'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 Small '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 Small'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 Small.
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 Ab Small on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Small Cap or generate 0.0% return on investment in Ab Small over 30 days. Ab Small is related to or competes with USCF Gold, Ab Global, Ab Global, Ab Global, Ab Virginia, Ab Virginia, and Vy T. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of small-capital... More

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

Ab Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Small's standard deviation. In reality, there are many statistical measures that can use Ab Small historical prices to predict the future Ab Small'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 Small'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
12.9114.0915.27
Details
Intrinsic
Valuation
LowRealHigh
11.6612.8415.50
Details
Naive
Forecast
LowNextHigh
12.9214.1015.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.5613.8714.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ab Small. Your research has to be compared to or analyzed against Ab Small's peers to derive any actionable benefits. When done correctly, Ab Small'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 Small Cap.

Ab Small Cap Backtested Returns

We consider Ab Small very steady. Ab Small Cap retains Efficiency (Sharpe Ratio) of 0.0478, which signifies that the fund had a 0.0478% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Ab Small, which you can use to evaluate the volatility of the entity. Please confirm Ab Small's Coefficient Of Variation of 2436.81, market risk adjusted performance of (0.25), and Standard Deviation of 1.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.0565%. The fund owns a Beta (Systematic Risk) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ab Small are expected to decrease at a much lower rate. During the bear market, Ab Small is likely to outperform the market.

Auto-correlation

    
  0.55  

Modest predictability

Ab Small Cap has modest predictability. Overlapping area represents the amount of predictability between Ab Small 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 Ab Small Cap price movement. The serial correlation of 0.55 indicates that about 55.0% of current Ab Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test0.64
Residual Average0.0
Price Variance0.04

Ab Small Cap lagged returns against current returns

Autocorrelation, which is Ab Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Ab Small returns to help us make a trade decision. For example, suppose you find that Ab Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Small 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 Small mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Ab Small Lagged Returns

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

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Check out Ab Small Correlation, Ab Small Volatility and Ab Small Alpha and Beta module to complement your research on Ab Small.
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When running Ab Small's price analysis, check to measure Ab Small'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 Small is operating at the current time. Most of Ab Small's value examination focuses on studying past and present price action to predict the probability of Ab Small'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 Small's price. Additionally, you may evaluate how the addition of Ab Small to your portfolios can decrease your overall portfolio volatility.
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Ab Small 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 Small technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ab Small 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...