Adams Diversified Equity Fund Market Value
| ADX Fund | USD 20.37 0.15 0.73% |
| Symbol | Adams |
Adams Diversified '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 Adams Diversified's 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 Adams Diversified.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Adams Diversified on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Adams Diversified Equity or generate 0.0% return on investment in Adams Diversified over 180 days. Adams Diversified is related to or competes with Tri Continental, SRH Total, Putnam Municipal, Tortoise Energy, Liberty All, BlackRock Science, and Virtus Allianzgi. Adams Diversified Equity Fund, Inc. is a publicly owned investment manager More
Adams Diversified 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 Adams Diversified's 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 Adams Diversified Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.955 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.44 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.35 |
Adams Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adams Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adams Diversified's standard deviation. In reality, there are many statistical measures that can use Adams Diversified historical prices to predict the future Adams Diversified's volatility.| Risk Adjusted Performance | 0.0725 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0851 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adams Diversified'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.
Adams Diversified Equity Backtested Returns
At this stage we consider Adams Fund to be very steady. Adams Diversified Equity secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Adams Diversified Equity, which you can use to evaluate the volatility of the entity. Please confirm Adams Diversified's risk adjusted performance of 0.0725, and Mean Deviation of 0.6442 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Adams Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Adams Diversified is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
Adams Diversified Equity has weak predictability. Overlapping area represents the amount of predictability between Adams Diversified time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th of November 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 Adams Diversified Equity price movement. The serial correlation of 0.21 indicates that over 21.0% of current Adams Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Adams Diversified Equity lagged returns against current returns
Autocorrelation, which is Adams Diversified 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 Adams Diversified's fund expected returns. We can calculate the autocorrelation of Adams Diversified returns to help us make a trade decision. For example, suppose you find that Adams Diversified has exhibited high autocorrelation historically, and you observe that the 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 |
Adams Diversified 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 Adams Diversified fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adams Diversified fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adams Diversified fund over time.
Current vs Lagged Prices |
| Timeline |
Adams Diversified Lagged Returns
When evaluating Adams Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adams Diversified fund have on its future price. Adams Diversified 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, Adams Diversified autocorrelation shows the relationship between Adams Diversified fund current value and its past values and can show if there is a momentum factor associated with investing in Adams Diversified Equity.
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 Adams Fund
Adams Diversified financial ratios help investors to determine whether Adams 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 Adams with respect to the benefits of owning Adams Diversified security.
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