Aberdeen Mutual Fund Quote

ATOAX
 Fund
  

USD 10.07  0.01  0.1%   

Market Performance
6 of 100
Odds Of Distress
Less than 1
Aberdeen Ultra is trading at 10.07 as of the 11th of August 2022; that is 0.1 percent up since the beginning of the trading day. The fund's open price was 10.06. Aberdeen Ultra has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Aberdeen Ultra Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of May 2022 and ending today, the 11th of August 2022. Click here to learn more.
The fund invests its assets in a combination of tax-exempt obligations and taxable debt obligations. Aberdeen Ultra is traded on NASDAQ Exchange in the United States. More on Aberdeen Ultra Short

Aberdeen Ultra Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Aberdeen Ultra's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aberdeen Ultra or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Aberdeen Ultra Short is unlikely to experience financial distress in the next 2 years
On 29th of July 2022 Aberdeen Ultra paid $ 0.0065 per share dividend to its current shareholders
The fund holds about 12.02% of its assets under management (AUM) in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Aberdeen Ultra's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Startdate31st of December 2016
Aberdeen Ultra Short [ATOAX] is traded in USA and was established 11th of August 2022. The fund is listed under Muni National Short category and is part of Aberdeen family. Aberdeen Ultra Short presently has accumulated 761.03 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 1.11%.
Check Aberdeen Ultra Probability Of Bankruptcy

Instrument Allocation

Aberdeen Ultra Target Price Odds Analysis

What are Aberdeen Ultra's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Aberdeen Ultra jumping above the current price in 90 days from now is about 1.25%. The Aberdeen Ultra Short probability density function shows the probability of Aberdeen Ultra mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Aberdeen Ultra Short has a beta of -0.0051. This suggests as returns on benchmark increase, returns on holding Aberdeen Ultra are expected to decrease at a much lower rate. During the bear market, however, Aberdeen Ultra Short is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Aberdeen Ultra Short is significantly underperforming DOW.
  Odds Below 10.07HorizonTargetOdds Above 10.07
97.57%90 days
 10.07 
1.25%
Based on a normal probability distribution, the odds of Aberdeen Ultra to move above the current price in 90 days from now is about 1.25 (This Aberdeen Ultra Short probability density function shows the probability of Aberdeen Mutual Fund to fall within a particular range of prices over 90 days) .

Aberdeen Ultra Short Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aberdeen Ultra market risk premium is the additional return an investor will receive from holding Aberdeen Ultra long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aberdeen Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aberdeen Ultra's alpha and beta are two of the key measurements used to evaluate Aberdeen Ultra's performance over the market, the standard measures of volatility play an important role as well.

Aberdeen Ultra Against Markets

Picking the right benchmark for Aberdeen Ultra mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aberdeen Ultra mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aberdeen Ultra is critical whether you are bullish or bearish towards Aberdeen Ultra Short at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aberdeen Ultra without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Aberdeen Ultra Short?

You need to understand the risk of investing before taking a position in Aberdeen Ultra. The danger of trading Aberdeen Ultra Short is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aberdeen Ultra is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aberdeen Ultra. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aberdeen Ultra Short is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Aberdeen Ultra Short information on this page should be used as a complementary analysis to other Aberdeen Ultra's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Aberdeen Ultra Short price analysis, check to measure Aberdeen Ultra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aberdeen Ultra is operating at the current time. Most of Aberdeen Ultra's value examination focuses on studying past and present price action to predict the probability of Aberdeen Ultra's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Aberdeen Ultra's price. Additionally, you may evaluate how the addition of Aberdeen Ultra to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Aberdeen Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine Aberdeen Ultra value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aberdeen Ultra'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.