Astonherndon Large Cap Fund Market Value
| AALIX Fund | USD 12.51 0.10 0.81% |
| Symbol | Astonherndon |
Astonherndon Large '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 Astonherndon Large'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 Astonherndon Large.
| 04/27/2025 |
| 07/26/2025 |
If you would invest 0.00 in Astonherndon Large on April 27, 2025 and sell it all today you would earn a total of 0.00 from holding Astonherndon Large Cap or generate 0.0% return on investment in Astonherndon Large over 90 days. Astonherndon Large is related to or competes with Prudential Financial, Mesirow Financial, Putnam Global, Vanguard Financials, Financial Industries, and Icon Financial. The fund invests primarily in dividend paying equity securities, with at least 80 percent of its net assets in income ge... More
Astonherndon Large 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 Astonherndon Large'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 Astonherndon Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6306 | |||
| Information Ratio | 0.1226 | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 1.57 |
Astonherndon Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astonherndon Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astonherndon Large's standard deviation. In reality, there are many statistical measures that can use Astonherndon Large historical prices to predict the future Astonherndon Large's volatility.| Risk Adjusted Performance | 0.3414 | |||
| Jensen Alpha | 0.29 | |||
| Total Risk Alpha | 0.1114 | |||
| Sortino Ratio | 0.1273 | |||
| Treynor Ratio | (5.39) |
Astonherndon Large Cap Backtested Returns
Astonherndon Large appears to be very steady, given 3 months investment horizon. Astonherndon Large Cap secures Sharpe Ratio (or Efficiency) of 0.37, which signifies that the fund had a 0.37 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Astonherndon Large Cap, which you can use to evaluate the volatility of the entity. Please makes use of Astonherndon Large's Coefficient Of Variation of 225.99, risk adjusted performance of 0.3414, and Mean Deviation of 0.4546 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of -0.0519, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Astonherndon Large are expected to decrease at a much lower rate. During the bear market, Astonherndon Large is likely to outperform the market.
Auto-correlation | 0.95 |
Excellent predictability
Astonherndon Large Cap has excellent predictability. Overlapping area represents the amount of predictability between Astonherndon Large time series from 27th of April 2025 to 11th of June 2025 and 11th of June 2025 to 26th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Astonherndon Large Cap price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Astonherndon Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Astonherndon Large Cap lagged returns against current returns
Autocorrelation, which is Astonherndon Large 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 Astonherndon Large's mutual fund expected returns. We can calculate the autocorrelation of Astonherndon Large returns to help us make a trade decision. For example, suppose you find that Astonherndon Large 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 |
Astonherndon Large 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 Astonherndon Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astonherndon Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astonherndon Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Astonherndon Large Lagged Returns
When evaluating Astonherndon Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astonherndon Large mutual fund have on its future price. Astonherndon Large 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, Astonherndon Large autocorrelation shows the relationship between Astonherndon Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Astonherndon Large Cap.
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.Other Information on Investing in Astonherndon Mutual Fund
Astonherndon Large financial ratios help investors to determine whether Astonherndon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Astonherndon with respect to the benefits of owning Astonherndon Large security.
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