Akre Focus Fund Market Value
| AKRSX Fund | USD 74.02 0.51 0.69% |
| Symbol | Akre |
Akre Focus '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 Akre Focus' 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 Akre Focus.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Akre Focus on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Akre Focus Fund or generate 0.0% return on investment in Akre Focus over 720 days. Akre Focus is related to or competes with Osterweis Strategic, Doubleline Low, Doubleline Total, Primecap Odyssey, and Vanguard Dividend. The fund invests primarily in securities of companies listed on U.S More
Akre Focus 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 Akre Focus' 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 Akre Focus Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7402 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.14 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 1.3 |
Akre Focus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akre Focus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akre Focus' standard deviation. In reality, there are many statistical measures that can use Akre Focus historical prices to predict the future Akre Focus' volatility.| Risk Adjusted Performance | 0.1191 | |||
| Jensen Alpha | 0.0074 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.13 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akre Focus' 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.
Akre Focus Fund Backtested Returns
At this stage we consider Akre Mutual Fund to be very steady. Akre Focus Fund secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Akre Focus Fund, which you can use to evaluate the volatility of the entity. Please confirm Akre Focus' Mean Deviation of 0.576, downside deviation of 0.7402, and Risk Adjusted Performance of 0.1191 to double-check if the risk estimate we provide is consistent with the expected return of 0.0944%. The fund shows a Beta (market volatility) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Akre Focus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Akre Focus is expected to be smaller as well.
Auto-correlation | 0.62 |
Good predictability
Akre Focus Fund has good predictability. Overlapping area represents the amount of predictability between Akre Focus time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Akre Focus Fund price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Akre Focus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 17.44 |
Akre Focus Fund lagged returns against current returns
Autocorrelation, which is Akre Focus 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 Akre Focus' mutual fund expected returns. We can calculate the autocorrelation of Akre Focus returns to help us make a trade decision. For example, suppose you find that Akre Focus has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Akre Focus 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 Akre Focus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akre Focus mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akre Focus mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Akre Focus Lagged Returns
When evaluating Akre Focus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akre Focus mutual fund have on its future price. Akre Focus 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, Akre Focus autocorrelation shows the relationship between Akre Focus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Akre Focus Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Akre Mutual Fund
Akre Focus financial ratios help investors to determine whether Akre 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 Akre with respect to the benefits of owning Akre Focus security.
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