Absolute Cef Opportunities Fund Market Value
| ACEFX Fund | 6.14 0.02 0.33% |
| Symbol | Absolute |
Absolute Cef '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 Absolute Cef'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 Absolute Cef.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Absolute Cef on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Absolute Cef Opportunities or generate 0.0% return on investment in Absolute Cef over 90 days. Absolute Cef is related to or competes with Absolute Convertible, Absolute Capital, Prudential Jennison, and Fidelity New. The funds investment adviser, has responsibility for allocating fund assets across strategies and investment styles that... More
Absolute Cef 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 Absolute Cef'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 Absolute Cef Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3995 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 1.65 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.5059 |
Absolute Cef Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absolute Cef's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Absolute Cef's standard deviation. In reality, there are many statistical measures that can use Absolute Cef historical prices to predict the future Absolute Cef's volatility.| Risk Adjusted Performance | 0.3154 | |||
| Jensen Alpha | 0.0801 | |||
| Total Risk Alpha | 0.0544 | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.8227 |
Absolute Cef Opportu Backtested Returns
At this stage we consider Absolute Mutual Fund to be very steady. Absolute Cef Opportu secures Sharpe Ratio (or Efficiency) of 0.43, which signifies that the fund had a 0.43 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Absolute Cef Opportunities, which you can use to evaluate the volatility of the entity. Please confirm Absolute Cef's Risk Adjusted Performance of 0.3154, mean deviation of 0.2069, and Coefficient Of Variation of 276.73 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Absolute Cef's returns are expected to increase less than the market. However, during the bear market, the loss of holding Absolute Cef is expected to be smaller as well.
Auto-correlation | 0.74 |
Good predictability
Absolute Cef Opportunities has good predictability. Overlapping area represents the amount of predictability between Absolute Cef time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Absolute Cef Opportu price movement. The serial correlation of 0.74 indicates that around 74.0% of current Absolute Cef price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Absolute Cef Opportu lagged returns against current returns
Autocorrelation, which is Absolute Cef 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 Absolute Cef's mutual fund expected returns. We can calculate the autocorrelation of Absolute Cef returns to help us make a trade decision. For example, suppose you find that Absolute Cef 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 |
Absolute Cef 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 Absolute Cef mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Absolute Cef mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Absolute Cef mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Absolute Cef Lagged Returns
When evaluating Absolute Cef's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Absolute Cef mutual fund have on its future price. Absolute Cef 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, Absolute Cef autocorrelation shows the relationship between Absolute Cef mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Absolute Cef Opportunities.
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 Absolute Mutual Fund
Absolute Cef financial ratios help investors to determine whether Absolute 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 Absolute with respect to the benefits of owning Absolute Cef security.
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| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
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| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |