Ab Bond Inflation Fund Market Value

ABNYX Fund  USD 10.30  0.02  0.19%   
Ab Bond's market value is the price at which a share of Ab Bond trades on a public exchange. It measures the collective expectations of Ab Bond Inflation investors about its performance. Ab Bond is trading at 10.30 as of the 23rd of December 2024; that is 0.19 percent up since the beginning of the trading day. The fund's open price was 10.28.
With this module, you can estimate the performance of a buy and hold strategy of Ab Bond Inflation and determine expected loss or profit from investing in Ab Bond over a given investment horizon. Check out Ab Bond Correlation, Ab Bond Volatility and Ab Bond Alpha and Beta module to complement your research on Ab Bond.
Symbol

Please note, there is a significant difference between Ab Bond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Bond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Bond's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ab Bond '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 Ab Bond'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 Ab Bond.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in Ab Bond on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Ab Bond Inflation or generate 0.0% return on investment in Ab Bond over 30 days. Ab Bond is related to or competes with Prudential Core, Allianzgi Diversified, Tax Free, Fulcrum Diversified, and Blackrock Conservative. The fund pursues its objective by investing principally in inflation-indexed securities or inflation-indexed securities ... More

Ab Bond 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 Ab Bond'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 Ab Bond Inflation upside and downside potential and time the market with a certain degree of confidence.

Ab Bond Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ab Bond's standard deviation. In reality, there are many statistical measures that can use Ab Bond historical prices to predict the future Ab Bond's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ab Bond'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.
Hype
Prediction
LowEstimatedHigh
10.0810.2910.50
Details
Intrinsic
Valuation
LowRealHigh
10.1210.3310.54
Details

Ab Bond Inflation Backtested Returns

Ab Bond Inflation retains Efficiency (Sharpe Ratio) of -0.2, which signifies that the fund had a -0.2% return per unit of price deviation over the last 3 months. Ab Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ab Bond's Market Risk Adjusted Performance of (0.71), variance of 0.0421, and Information Ratio of (0.33) to double-check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.0644, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ab Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab Bond is expected to be smaller as well.

Auto-correlation

    
  0.29  

Poor predictability

Ab Bond Inflation has poor predictability. Overlapping area represents the amount of predictability between Ab Bond time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd of December 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 Ab Bond Inflation price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Ab Bond price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test0.08
Residual Average0.0
Price Variance0.0

Ab Bond Inflation lagged returns against current returns

Autocorrelation, which is Ab Bond 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 Ab Bond's mutual fund expected returns. We can calculate the autocorrelation of Ab Bond returns to help us make a trade decision. For example, suppose you find that Ab Bond 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  

Ab Bond 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 Ab Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ab Bond mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ab Bond mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Ab Bond Lagged Returns

When evaluating Ab Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ab Bond mutual fund have on its future price. Ab Bond 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, Ab Bond autocorrelation shows the relationship between Ab Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ab Bond Inflation.
   Regressed Prices   
       Timeline  

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Other Information on Investing in ABNYX Mutual Fund

Ab Bond financial ratios help investors to determine whether ABNYX 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 ABNYX with respect to the benefits of owning Ab Bond security.
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