AAAHX Mutual Fund Volatility

AAAHX
 Fund
  

USD 9.46  0.06  0.63%   

We consider One Choice very steady. One Choice Blend maintains Sharpe Ratio (i.e., Efficiency) of 0.0629, which implies the entity had 0.0629% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for One Choice Blend, which you can use to evaluate the future volatility of the fund. Please check One Choice Blend Coefficient Of Variation of 1288.27, semi deviation of 0.6438, and Risk Adjusted Performance of 0.0886 to confirm if the risk estimate we provide is consistent with the expected return of 0.0428%.
  
One Choice Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of AAAHX daily returns, and it is calculated using variance and standard deviation. We also use AAAHX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of One Choice volatility.

60 Days Market Risk

Very steady

Chance of Distress

Below Average

60 Days Economic Sensitivity

Slowly supersedes the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as One Choice can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of One Choice at lower prices. For example, an investor can purchase AAAHX stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of One Choice's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with One Choice

0.98FFVFXFidelity Freedom 2015PairCorr
0.98FPTKXFidelity Freedom 2015PairCorr
0.98FSNLXFidelity Freedom 2015PairCorr
0.97REJTXAmerican Fds 2015PairCorr
0.9AABTXAmerican Fds 2015PairCorr

One Choice Market Sensitivity And Downside Risk

One Choice's beta coefficient measures the volatility of AAAHX mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents AAAHX mutual fund's returns against your selected market. In other words, One Choice's beta of 0.49 provides an investor with an approximation of how much risk One Choice mutual fund can potentially add to one of your existing portfolios.
One Choice Blend exhibits relatively low volatility with skewness of -0.8 and kurtosis of 1.52. However, we advice investors to further investigate One Choice Blend to ensure all market statistics is disseminated and is consistent with investors' estimations about One Choice upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure One Choice's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact One Choice's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

One Choice Implied Volatility

One Choice's implied volatility exposes the market's sentiment of One Choice Blend stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if One Choice's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that One Choice stock will not fluctuate a lot when One Choice's options are near their expiration.
3 Months Beta |Analyze One Choice Blend Demand Trend
Check current 90 days One Choice correlation with market (DOW)

AAAHX Beta

    
  0.49  
AAAHX standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  0.68  
It is essential to understand the difference between upside risk (as represented by One Choice's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of One Choice stock's daily returns or price. Since the actual investment returns on holding a position in One Choice stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in One Choice.

One Choice Blend Mutual Fund Volatility Analysis

Volatility refers to the frequency at which One Choice stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with One Choice's price changes. Investors will then calculate the volatility of One Choice's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of One Choice's volatility:

Historical Volatility

This type of stock volatility measures One Choice's fluctuations based on previous trends. It's commonly used to predict One Choice's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for One Choice's current market price. This means that the stock will return to its initially predicted market price.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. One Choice Blend Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
.

One Choice Projected Return Density Against Market

Assuming the 90 days horizon One Choice has a beta of 0.4896 . This suggests as returns on the market go up, One Choice average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding One Choice Blend will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to One Choice or American Century Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that One Choice stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a AAAHX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has an alpha of 0.0075, implying that it can generate a 0.0075 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
One Choice's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how One Choice stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

One Choice Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to One Choice or American Century Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that One Choice stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a AAAHX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days horizon the coefficient of variation of One Choice is 1588.86. The daily returns are distributed with a variance of 0.46 and standard deviation of 0.68. The mean deviation of One Choice Blend is currently at 0.52. For similar time horizon, the selected benchmark (DOW) has volatility of 1.25
α
Alpha over DOW
0.0075
β
Beta against DOW0.49
σ
Overall volatility
0.68
Ir
Information ratio -0.04

One Choice Mutual Fund Return Volatility

One Choice historical daily return volatility represents how much One Choice stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The fund shows 0.6805% volatility of returns over 90 . By contrast, DOW inherits 1.2609% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About One Choice Volatility

Volatility is a rate at which the price of One Choice or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of One Choice may increase or decrease. In other words, similar to AAAHX's beta indicator, it measures the risk of One Choice and helps estimate the fluctuations that may happen in a short period of time. So if prices of One Choice fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
The fund is a fund of funds, meaning that it seeks to achieve its objective by investing in other mutual funds and exchange-traded funds advised by American Century that represent a variety of asset classes and investment styles. One Choice is traded on NASDAQ Exchange in the United States.

One Choice Investment Opportunity

DOW has a standard deviation of returns of 1.26 and is 1.85 times more volatile than One Choice Blend. of all equities and portfolios are less risky than One Choice. Compared to the overall equity markets, volatility of historical daily returns of One Choice Blend is lower than 5 () of all global equities and portfolios over the last 90 days.
Use One Choice Blend to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The mutual fund experiences a moderate downward daily trend and can be a good diversifier. Check odds of One Choice to be traded at $9.27 in 90 days. .

Almost no diversification

The correlation between One Choice Blend and DJI is Almost no diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding One Choice Blend and DJI in the same portfolio, assuming nothing else is changed.

One Choice Additional Risk Indicators

The analysis of One Choice's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in One Choice's investment and either accepting that risk or mitigating it. Along with some common measures of One Choice stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance0.0886
Market Risk Adjusted Performance0.0967
Mean Deviation0.5198
Semi Deviation0.6438
Downside Deviation0.7567
Coefficient Of Variation1288.27
Standard Deviation0.6754
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

One Choice Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against One Choice as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. One Choice's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, One Choice's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to One Choice Blend.
Please continue to Trending Equities. Note that the One Choice Blend information on this page should be used as a complementary analysis to other One Choice'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for AAAHX Mutual Fund analysis

When running One Choice Blend price analysis, check to measure One Choice'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 One Choice is operating at the current time. Most of One Choice's value examination focuses on studying past and present price action to predict the probability of One Choice's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move One Choice's price. Additionally, you may evaluate how the addition of One Choice to your portfolios can decrease your overall portfolio volatility.
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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 One Choice value 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.