Cavanal Hill Hedged Fund Market Value
| APLIX Fund | USD 11.47 0.02 0.17% |
| Symbol | Cavanal |
Cavanal Hill '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 Cavanal Hill'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 Cavanal Hill.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Cavanal Hill on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Cavanal Hill Hedged or generate 0.0% return on investment in Cavanal Hill over 30 days. Cavanal Hill is related to or competes with Virtus Seix, Aig Government, Lord Abbett, Us Government, Short-term Government, and Prudential Government. The fund invests primarily in dividend paying equity securities, with at least 80 percent of its net assets in income ge... More
Cavanal Hill 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 Cavanal Hill'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 Cavanal Hill Hedged upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5499 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.7986 |
Cavanal Hill Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cavanal Hill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cavanal Hill's standard deviation. In reality, there are many statistical measures that can use Cavanal Hill historical prices to predict the future Cavanal Hill's volatility.| Risk Adjusted Performance | 0.0527 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0498 |
Cavanal Hill Hedged Backtested Returns
At this stage we consider Cavanal Mutual Fund to be very steady. Cavanal Hill Hedged secures Sharpe Ratio (or Efficiency) of 0.0769, which signifies that the fund had a 0.0769% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cavanal Hill Hedged, which you can use to evaluate the volatility of the entity. Please confirm Cavanal Hill's Mean Deviation of 0.3891, risk adjusted performance of 0.0527, and Downside Deviation of 0.5499 to double-check if the risk estimate we provide is consistent with the expected return of 0.0415%. The fund shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cavanal Hill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cavanal Hill is expected to be smaller as well.
Auto-correlation | 0.13 |
Insignificant predictability
Cavanal Hill Hedged has insignificant predictability. Overlapping area represents the amount of predictability between Cavanal Hill time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 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 Cavanal Hill Hedged price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Cavanal Hill price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cavanal Hill Hedged lagged returns against current returns
Autocorrelation, which is Cavanal Hill 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 Cavanal Hill's mutual fund expected returns. We can calculate the autocorrelation of Cavanal Hill returns to help us make a trade decision. For example, suppose you find that Cavanal Hill 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 |
Cavanal Hill 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 Cavanal Hill mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cavanal Hill mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cavanal Hill mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cavanal Hill Lagged Returns
When evaluating Cavanal Hill's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cavanal Hill mutual fund have on its future price. Cavanal Hill 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, Cavanal Hill autocorrelation shows the relationship between Cavanal Hill mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cavanal Hill Hedged.
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 Cavanal Mutual Fund
Cavanal Hill financial ratios help investors to determine whether Cavanal 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 Cavanal with respect to the benefits of owning Cavanal Hill security.
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