Oak Ridge Multi Fund Price on October 31, 2024
| PORYX Fund | USD 20.40 0.02 0.1% |
Below is the normalized historical share price chart for Oak Ridge Multi extending back to August 16, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Oak Ridge stands at 20.40, as last reported on the 26th of November, with the highest price reaching 20.40 and the lowest price hitting 20.40 during the day.
If you're considering investing in Oak Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Oak Mutual Fund to be very steady. Oak Ridge Multi maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oak Ridge Multi, which you can use to evaluate the volatility of the fund. Please check Oak Ridge's Risk Adjusted Performance of 0.0981, coefficient of variation of 761.9, and Semi Deviation of 0.4655 to confirm if the risk estimate we provide is consistent with the expected return of 0.0699%.
Oak Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Oak |
Sharpe Ratio = 0.1145
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Oak Ridge is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oak Ridge by adding it to a well-diversified portfolio.
Oak Ridge Valuation on October 31, 2024
It is possible to determine the worth of Oak Ridge on a given historical date. On October 31, 2024 Oak was worth 19.48 at the beginning of the trading date compared to the closed value of 19.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oak Ridge mutual fund. Still, in general, we apply an absolute valuation method to find Oak Ridge's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oak Ridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oak Ridge's related companies.
| Open | High | Low | Close | Volume | |
| 19.68 | 19.68 | 19.68 | 19.68 | 1.00 | |
10/31/2024 | 19.48 | 19.48 | 19.48 | 19.48 | 1.00 |
| 19.52 | 19.52 | 19.52 | 19.52 | 1.00 |
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Oak Ridge Trading Date Momentum on October 31, 2024
| On November 01 2024 Oak Ridge Multi was traded for 19.52 at the closing time. The highest daily price throughout the period was 19.52 and the lowest price was 19.52 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.21% . The trading delta at closing time to current closing price is 4.41% . |
Oak Ridge Multi Fundamentals Correlations and Trends
By evaluating Oak Ridge's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oak Ridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oak Ridge Mutual Fund history
Oak Ridge investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Oak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oak Ridge Multi will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Oak Ridge stock prices may prove useful in developing a viable investing in Oak Ridge
The fund is a fund of funds that seeks to achieve its investment objective by primarily investing in other mutual funds . It primarily invests in mutual funds managed by the funds advisor but may also invest in unaffiliated mutual funds or exchange-traded funds to gain exposure to asset classes not available through a fund managed by the Advisor. The fund is a multi-strategy fund that will invest directly or indirectly through underlying funds in equity securities and fixed income securities.
Oak Ridge Mutual Fund Technical Analysis
Oak Ridge 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, fund market cycles, or different charting patterns.
Price Boundaries
Oak Ridge Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Oak Ridge Multi cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Oak Ridge November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Oak Ridge mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oak Ridge shares will generate the highest return on investment. By undertsting and applying Oak Ridge mutual fund market strength indicators, traders can identify Oak Ridge Multi entry and exit signals to maximize returns
Oak Ridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oak Ridge's price direction in advance. Along with the technical and fundamental analysis of Oak Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oak to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 0.0656 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 1.38 |
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Other Information on Investing in Oak Mutual Fund
Oak Ridge financial ratios help investors to determine whether Oak 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 Oak with respect to the benefits of owning Oak Ridge security.
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