Aqr Global Equity Fund One Year Return
AQGRX Fund | USD 10.72 0.03 0.28% |
Aqr Global Equity fundamentals help investors to digest information that contributes to Aqr Global's financial success or failures. It also enables traders to predict the movement of Aqr Mutual Fund. The fundamental analysis module provides a way to measure Aqr Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aqr Global mutual fund.
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Aqr Global Equity Mutual Fund One Year Return Analysis
Aqr Global's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Aqr Global One Year Return | 30.67 % |
Most of Aqr Global's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aqr Global Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Aqr Global Equity has an One Year Return of 30.6711%. This is 356.45% lower than that of the AQR Funds family and significantly higher than that of the World Large-Stock Blend category. The one year return for all United States funds is notably lower than that of the firm.
Aqr One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aqr Global's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Aqr Global could also be used in its relative valuation, which is a method of valuing Aqr Global by comparing valuation metrics of similar companies.Aqr Global is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Aqr Global
The fund invests 34.56% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (61.9%) and various exotic instruments (3.54%).Asset allocation divides Aqr Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Aqr Fundamentals
Total Asset | 344.83 M | ||||
Annual Yield | 0.03 % | ||||
Year To Date Return | 11.24 % | ||||
One Year Return | 30.67 % | ||||
Three Year Return | 7.65 % | ||||
Five Year Return | 10.08 % | ||||
Ten Year Return | 8.66 % | ||||
Net Asset | 374.2 M | ||||
Minimum Initial Investment | 50 M | ||||
Cash Position Weight | 61.90 % | ||||
Equity Positions Weight | 34.56 % |
About Aqr Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aqr Global Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aqr Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aqr Global Equity based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Aqr Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aqr Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aqr Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Aqr Mutual Fund
0.88 | AMONX | Aqr Large Cap | PairCorr |
0.93 | AMOMX | Aqr Large Cap | PairCorr |
0.88 | QLENX | Aqr Long Short | PairCorr |
The ability to find closely correlated positions to Aqr Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aqr Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aqr Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aqr Global Equity to buy it.
The correlation of Aqr Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aqr Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aqr Global Equity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aqr Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aqr Global Equity. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.