Aberdeen Gbl Eq Fund Market Value
| GWLRX Fund | USD 11.74 0.01 0.09% |
| Symbol | Aberdeen |
Aberdeen Gbl '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 Aberdeen Gbl'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 Aberdeen Gbl.
| 04/06/2024 |
| 10/03/2024 |
If you would invest 0.00 in Aberdeen Gbl on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen Gbl Eq or generate 0.0% return on investment in Aberdeen Gbl over 180 days. Aberdeen Gbl is related to or competes with Aberdeen, Aberdeen Emerging, Columbia Seligman, Aberdeen Global, Aberdeen Equity, and Aberdeen Multi. The fund will invest primarily in common stocks, but may also invest in other types of equity securities, including, but... More
Aberdeen Gbl 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 Aberdeen Gbl'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 Aberdeen Gbl Eq upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 1.48 |
Aberdeen Gbl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Gbl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Gbl's standard deviation. In reality, there are many statistical measures that can use Aberdeen Gbl historical prices to predict the future Aberdeen Gbl's volatility.| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1702 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aberdeen Gbl'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.
Aberdeen Gbl Eq Backtested Returns
Aberdeen Gbl Eq secures Sharpe Ratio (or Efficiency) of -0.017, which signifies that the fund had a -0.017% return per unit of standard deviation over the last 3 months. Aberdeen Gbl Eq exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aberdeen Gbl's risk adjusted performance of 0.0194, and Mean Deviation of 0.8623 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0797, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aberdeen Gbl's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen Gbl is expected to be smaller as well.
Auto-correlation | 0.06 |
Virtually no predictability
Aberdeen Gbl Eq has virtually no predictability. Overlapping area represents the amount of predictability between Aberdeen Gbl time series from 6th of April 2024 to 5th of July 2024 and 5th of July 2024 to 3rd of October 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 Aberdeen Gbl Eq price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Aberdeen Gbl price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Aberdeen Gbl Eq lagged returns against current returns
Autocorrelation, which is Aberdeen Gbl 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 Aberdeen Gbl's mutual fund expected returns. We can calculate the autocorrelation of Aberdeen Gbl returns to help us make a trade decision. For example, suppose you find that Aberdeen Gbl 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 |
Aberdeen Gbl 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 Aberdeen Gbl mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Gbl mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Gbl mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Gbl Lagged Returns
When evaluating Aberdeen Gbl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Gbl mutual fund have on its future price. Aberdeen Gbl 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, Aberdeen Gbl autocorrelation shows the relationship between Aberdeen Gbl mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Gbl Eq.
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 Aberdeen Mutual Fund
Aberdeen Gbl financial ratios help investors to determine whether Aberdeen 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 Aberdeen with respect to the benefits of owning Aberdeen Gbl security.
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