Aim Sector Funds Fund Market Value
| IRTCX Fund | USD 27.36 0.03 0.11% |
| Symbol | AIM |
Aim Sector '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 Aim Sector'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 Aim Sector.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Aim Sector on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Aim Sector Funds or generate 0.0% return on investment in Aim Sector over 90 days. Aim Sector is related to or competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, Invesco High, Oppenheimer Strategic, and Oppenheimer International. The fund invests, under normal circumstances, at least 80 percent of its net assets in dividend-paying equity securities... More
Aim Sector 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 Aim Sector'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 Aim Sector Funds upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7429 | |||
| Information Ratio | 0.0023 | |||
| Maximum Drawdown | 3.51 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.43 |
Aim Sector Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aim Sector's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aim Sector's standard deviation. In reality, there are many statistical measures that can use Aim Sector historical prices to predict the future Aim Sector's volatility.| Risk Adjusted Performance | 0.1898 | |||
| Jensen Alpha | 0.1472 | |||
| Total Risk Alpha | 0.0335 | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | (1.95) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aim Sector'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.
Aim Sector Funds Backtested Returns
At this stage we consider AIM Mutual Fund to be very steady. Aim Sector Funds secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the fund had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aim Sector Funds, which you can use to evaluate the volatility of the entity. Please confirm Aim Sector's Downside Deviation of 0.7429, mean deviation of 0.5317, and Risk Adjusted Performance of 0.1898 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. The fund shows a Beta (market volatility) of -0.0706, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aim Sector are expected to decrease at a much lower rate. During the bear market, Aim Sector is likely to outperform the market.
Auto-correlation | 0.87 |
Very good predictability
Aim Sector Funds has very good predictability. Overlapping area represents the amount of predictability between Aim Sector time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Aim Sector Funds price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Aim Sector price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Aim Sector Funds lagged returns against current returns
Autocorrelation, which is Aim Sector 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 Aim Sector's mutual fund expected returns. We can calculate the autocorrelation of Aim Sector returns to help us make a trade decision. For example, suppose you find that Aim Sector 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 |
Aim Sector 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 Aim Sector mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aim Sector mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aim Sector mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aim Sector Lagged Returns
When evaluating Aim Sector's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aim Sector mutual fund have on its future price. Aim Sector 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, Aim Sector autocorrelation shows the relationship between Aim Sector mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aim Sector Funds.
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 AIM Mutual Fund
Aim Sector financial ratios help investors to determine whether AIM 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 AIM with respect to the benefits of owning Aim Sector security.
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