Ohio Variable College Fund Market Value
| BZEAX Fund | USD 18.62 0.02 0.11% |
| Symbol | Ohio |
Please note, there is a significant difference between Ohio Variable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Variable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Variable'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.
Ohio Variable '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 Ohio Variable'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 Ohio Variable.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Ohio Variable on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Ohio Variable College or generate 0.0% return on investment in Ohio Variable over 390 days. Ohio Variable is related to or competes with Ms Global, Barings Global, T Rowe, Ab Global, Mirova Global, Morgan Stanley, and Scharf Global. Ohio Variable is entity of United States More
Ohio Variable 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 Ohio Variable'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 Ohio Variable College upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5462 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 1.04 |
Ohio Variable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ohio Variable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ohio Variable's standard deviation. In reality, there are many statistical measures that can use Ohio Variable historical prices to predict the future Ohio Variable's volatility.| Risk Adjusted Performance | 0.066 | |||
| Jensen Alpha | 0.027 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.428 |
Ohio Variable College Backtested Returns
At this stage we consider Ohio Mutual Fund to be very steady. Ohio Variable College maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ohio Variable College, which you can use to evaluate the volatility of the fund. Please check Ohio Variable's Coefficient Of Variation of 1084.42, semi deviation of 0.3828, and Risk Adjusted Performance of 0.066 to confirm if the risk estimate we provide is consistent with the expected return of 0.071%. The fund holds a Beta of 0.0899, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ohio Variable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ohio Variable is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
Ohio Variable College has very good predictability. Overlapping area represents the amount of predictability between Ohio Variable time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Ohio Variable College price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Ohio Variable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Ohio Variable College lagged returns against current returns
Autocorrelation, which is Ohio Variable 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 Ohio Variable's mutual fund expected returns. We can calculate the autocorrelation of Ohio Variable returns to help us make a trade decision. For example, suppose you find that Ohio Variable 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 |
Ohio Variable 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 Ohio Variable mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ohio Variable mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ohio Variable mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ohio Variable Lagged Returns
When evaluating Ohio Variable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ohio Variable mutual fund have on its future price. Ohio Variable 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, Ohio Variable autocorrelation shows the relationship between Ohio Variable mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ohio Variable College.
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 Ohio Mutual Fund
Ohio Variable financial ratios help investors to determine whether Ohio 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 Ohio with respect to the benefits of owning Ohio Variable security.
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