One Choice 2030 Fund Market Value

ARWOX Fund  USD 13.20  0.04  0.30%   
One Choice's market value is the price at which a share of One Choice trades on a public exchange. It measures the collective expectations of One Choice 2030 investors about its performance. One Choice is trading at 13.20 as of the 10th of December 2024; that is 0.3 percent down since the beginning of the trading day. The fund's open price was 13.24.
With this module, you can estimate the performance of a buy and hold strategy of One Choice 2030 and determine expected loss or profit from investing in One Choice over a given investment horizon. Check out One Choice Correlation, One Choice Volatility and One Choice Alpha and Beta module to complement your research on One Choice.
Symbol

Please note, there is a significant difference between One Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine if One Choice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, One Choice'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.

One Choice '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 One Choice'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 One Choice.
0.00
11/10/2024
No Change 0.00  0.0 
In 31 days
12/10/2024
0.00
If you would invest  0.00  in One Choice on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding One Choice 2030 or generate 0.0% return on investment in One Choice over 30 days. The fund is a fund of funds, meaning that it seeks to achieve its objective by investing in other American Century mutua... More

One Choice 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 One Choice'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 One Choice 2030 upside and downside potential and time the market with a certain degree of confidence.

One Choice Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for One Choice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as One Choice's standard deviation. In reality, there are many statistical measures that can use One Choice historical prices to predict the future One Choice's volatility.
Hype
Prediction
LowEstimatedHigh
12.8713.2013.53
Details
Intrinsic
Valuation
LowRealHigh
12.7713.1013.43
Details
Naive
Forecast
LowNextHigh
12.9513.2813.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.0913.1813.27
Details

One Choice 2030 Backtested Returns

At this stage we consider One Mutual Fund to be very steady. One Choice 2030 maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for One Choice 2030, which you can use to evaluate the volatility of the fund. Please check One Choice's Coefficient Of Variation of 682.53, risk adjusted performance of 0.0951, and Semi Deviation of 0.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.0346%. The fund holds a Beta of 0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, One Choice's returns are expected to increase less than the market. However, during the bear market, the loss of holding One Choice is expected to be smaller as well.

Auto-correlation

    
  -0.54  

Good reverse predictability

One Choice 2030 has good reverse predictability. Overlapping area represents the amount of predictability between One Choice time series from 10th of November 2024 to 25th of November 2024 and 25th of November 2024 to 10th 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 One Choice 2030 price movement. The serial correlation of -0.54 indicates that about 54.0% of current One Choice price fluctuation can be explain by its past prices.
Correlation Coefficient-0.54
Spearman Rank Test-0.38
Residual Average0.0
Price Variance0.0

One Choice 2030 lagged returns against current returns

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

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

One Choice Lagged Returns

When evaluating One Choice's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of One Choice mutual fund have on its future price. One Choice 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, One Choice autocorrelation shows the relationship between One Choice mutual fund current value and its past values and can show if there is a momentum factor associated with investing in One Choice 2030.
   Regressed Prices   
       Timeline  

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Other Information on Investing in One Mutual Fund

One Choice financial ratios help investors to determine whether One 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 One with respect to the benefits of owning One Choice security.
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