Aberdeen Total Dynamic Fund Market Value
| AOD Fund | USD 8.80 0.10 1.15% |
| Symbol | Aberdeen |
Aberdeen Total '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 Total'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 Aberdeen Total.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Aberdeen Total on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen Total Dynamic or generate 0.0% return on investment in Aberdeen Total over 30 days. Aberdeen Total is related to or competes with Aberdeen Global, Alliancebernstein, Aberdeen Standard, Aberdeen Global, Blackrock Resources, Blackrock Enhanced, and Cbre Clarion. Abrdn Total Dynamic Dividend Fund is a closed-ended equity mutual fund launched and managed by Alpine Woods Capital Inve... More
Aberdeen Total 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 Total'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 Aberdeen Total Dynamic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.719 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.66 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 1.05 |
Aberdeen Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Total's standard deviation. In reality, there are many statistical measures that can use Aberdeen Total historical prices to predict the future Aberdeen Total's volatility.| Risk Adjusted Performance | 0.0564 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0774 |
Aberdeen Total Dynamic Backtested Returns
At this point, Aberdeen Total is very steady. Aberdeen Total Dynamic secures Sharpe Ratio (or Efficiency) of 0.0683, which signifies that the fund had a 0.0683% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aberdeen Total Dynamic, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen Total's mean deviation of 0.527, and Risk Adjusted Performance of 0.0564 to double-check if the risk estimate we provide is consistent with the expected return of 0.0434%. The fund shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aberdeen Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen Total is expected to be smaller as well.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Aberdeen Total Dynamic has insignificant reverse predictability. Overlapping area represents the amount of predictability between Aberdeen Total time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Aberdeen Total Dynamic price movement. The serial correlation of -0.19 indicates that over 19.0% of current Aberdeen Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aberdeen Total Dynamic lagged returns against current returns
Autocorrelation, which is Aberdeen Total 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 Total's fund expected returns. We can calculate the autocorrelation of Aberdeen Total returns to help us make a trade decision. For example, suppose you find that Aberdeen Total 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 |
Aberdeen Total 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 Total fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Total fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Total fund over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Total Lagged Returns
When evaluating Aberdeen Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Total fund have on its future price. Aberdeen Total 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 Total autocorrelation shows the relationship between Aberdeen Total fund current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Total Dynamic.
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 Fund
Aberdeen Total financial ratios help investors to determine whether Aberdeen 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 Total security.
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