AAACX Mutual Fund Market Value

AAACX
 Fund
  

USD 6.72  0.02  0.30%   

A3 Alternative's market value is the price at which a share of A3 Alternative stock trades on a public exchange. It measures the collective expectations of A3 Alternative Credit investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of A3 Alternative Credit and determine expected loss or profit from investing in A3 Alternative over a given investment horizon. Please continue to A3 Alternative Hype Analysis, A3 Alternative Correlation, Portfolio Optimization, A3 Alternative Volatility, as well as analyze A3 Alternative Alpha and Beta and A3 Alternative Performance.
Symbol

Please note, there is a significant difference between A3 Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine A3 Alternative value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A3 Alternative'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.

A3 Alternative '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 A3 Alternative'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 A3 Alternative.
0.00
07/13/2022
No Change 0.00  0.0 
In 31 days
08/12/2022
0.00
If you would invest  0.00  in A3 Alternative on July 13, 2022 and sell it all today you would earn a total of 0.00 from holding A3 Alternative Credit or generate 0.0% return on investment in A3 Alternative over 30 days. More

A3 Alternative 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 A3 Alternative'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 A3 Alternative Credit upside and downside potential and time the market with a certain degree of confidence.

A3 Alternative Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for A3 Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as A3 Alternative's standard deviation. In reality, there are many statistical measures that can use A3 Alternative historical prices to predict the future A3 Alternative's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of A3 Alternative'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. Please use the tools below to analyze the current value of A3 Alternative in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.976.727.47
Details
Intrinsic
Valuation
LowReal ValueHigh
5.976.727.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as A3 Alternative. Your research has to be compared to or analyzed against A3 Alternative's peers to derive any actionable benefits. When done correctly, A3 Alternative's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in A3 Alternative Credit.

A3 Alternative Credit Backtested Returns

A3 Alternative Credit retains Efficiency (Sharpe Ratio) of -0.0317, which signifies that the fund had -0.0317% of return per unit of price deviation over the last 3 months. Macroaxis outlook to foreseeing the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. A3 Alternative exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm A3 Alternative Credit Standard Deviation of 0.7472, market risk adjusted performance of (0.08), and Coefficient Of Variation of (3,822) to double-check the risk estimate we provide.
The entity owns a Beta (Systematic Risk) of 0.3412, which signifies possible diversification benefits within a given portfolio. Let's try to break down what AAACX's beta means in this case. As returns on the market increase, A3 Alternative returns are expected to increase less than the market. However, during the bear market, the loss on holding A3 Alternative will be expected to be smaller as well. Even though it is essential to pay attention to A3 Alternative Credit existing price patterns, it is always good to be careful when utilizing equity price patterns. Our way in which we are foreseeing any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. A3 Alternative exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.08  

Virtually no predictability

A3 Alternative Credit has virtually no predictability. Overlapping area represents the amount of predictability between A3 Alternative time series from 13th of July 2022 to 28th of July 2022 and 28th of July 2022 to 12th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of A3 Alternative Credit price movement. The serial correlation of 0.08 indicates that barely 8.0% of current A3 Alternative price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test-0.05
Residual Average0.0
Price Variance0.0

A3 Alternative Credit lagged returns against current returns

Autocorrelation, which is A3 Alternative 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 A3 Alternative's mutual fund expected returns. We can calculate the autocorrelation of A3 Alternative returns to help us make a trade decision. For example, suppose you find that A3 Alternative mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

A3 Alternative 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 A3 Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if A3 Alternative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in A3 Alternative mutual fund over time.
   Current vs Lagged Prices   
Share
       Timeline  

A3 Alternative Lagged Returns

When evaluating A3 Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of A3 Alternative mutual fund have on its future price. A3 Alternative 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, A3 Alternative autocorrelation shows the relationship between A3 Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in A3 Alternative Credit.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in A3 Alternative 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.

Did you try this?

Run Portfolio Anywhere Now

   

Portfolio Anywhere

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module
Please continue to A3 Alternative Hype Analysis, A3 Alternative Correlation, Portfolio Optimization, A3 Alternative Volatility, as well as analyze A3 Alternative Alpha and Beta and A3 Alternative Performance. Note that the A3 Alternative Credit information on this page should be used as a complementary analysis to other A3 Alternative'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for AAACX Mutual Fund analysis

When running A3 Alternative Credit price analysis, check to measure A3 Alternative'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 A3 Alternative is operating at the current time. Most of A3 Alternative's value examination focuses on studying past and present price action to predict the probability of A3 Alternative's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move A3 Alternative's price. Additionally, you may evaluate how the addition of A3 Alternative to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
A3 Alternative technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of A3 Alternative technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of A3 Alternative trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...