Aamhimco Short Duration Fund Market Value
| ASDCX Fund | USD 10.02 0.01 0.1% |
| Symbol | Aam/himco |
Aam/himco Short '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 Aam/himco Short'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 Aam/himco Short.
| 02/22/2025 |
| 05/23/2025 |
If you would invest 0.00 in Aam/himco Short on February 22, 2025 and sell it all today you would earn a total of 0.00 from holding Aamhimco Short Duration or generate 0.0% return on investment in Aam/himco Short over 90 days. Aam/himco Short is related to or competes with Vanguard Information, Putnam Global, Nationwide Bailard, Icon Information, and Goldman Sachs. The fund has an investment policy whereby at least 80 percent of the funds net assets will be invested, under normal cir... More
Aam/himco Short 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 Aam/himco Short'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 Aamhimco Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1836 | |||
| Information Ratio | 0.8206 | |||
| Maximum Drawdown | 0.602 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2006 |
Aam/himco Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aam/himco Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aam/himco Short's standard deviation. In reality, there are many statistical measures that can use Aam/himco Short historical prices to predict the future Aam/himco Short's volatility.| Risk Adjusted Performance | 0.1056 | |||
| Jensen Alpha | 0.0041 | |||
| Total Risk Alpha | 0.0134 | |||
| Sortino Ratio | 0.5425 | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aam/himco Short'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.
Aamhimco Short Duration Backtested Returns
At this stage we consider Aam/himco Mutual Fund to be very steady. Aamhimco Short Duration secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aamhimco Short Duration, which you can use to evaluate the volatility of the entity. Please confirm Aam/himco Short's Mean Deviation of 0.0896, coefficient of variation of 722.29, and Risk Adjusted Performance of 0.1056 to double-check if the risk estimate we provide is consistent with the expected return of 0.0142%. The fund shows a Beta (market volatility) of -0.0295, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aam/himco Short are expected to decrease at a much lower rate. During the bear market, Aam/himco Short is likely to outperform the market.
Auto-correlation | 0.61 |
Good predictability
Aamhimco Short Duration has good predictability. Overlapping area represents the amount of predictability between Aam/himco Short time series from 22nd of February 2025 to 8th of April 2025 and 8th of April 2025 to 23rd of May 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 Aamhimco Short Duration price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Aam/himco Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aamhimco Short Duration lagged returns against current returns
Autocorrelation, which is Aam/himco Short 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 Aam/himco Short's mutual fund expected returns. We can calculate the autocorrelation of Aam/himco Short returns to help us make a trade decision. For example, suppose you find that Aam/himco Short 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 |
Aam/himco Short 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 Aam/himco Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aam/himco Short mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aam/himco Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aam/himco Short Lagged Returns
When evaluating Aam/himco Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aam/himco Short mutual fund have on its future price. Aam/himco Short 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, Aam/himco Short autocorrelation shows the relationship between Aam/himco Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aamhimco Short Duration.
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 Aam/himco Mutual Fund
Aam/himco Short financial ratios help investors to determine whether Aam/himco 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 Aam/himco with respect to the benefits of owning Aam/himco Short security.
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