Caldwell Orkin Market Fund Market Value
| COAGX Fund | USD 53.08 0.60 1.14% |
| Symbol | Caldwell |
Caldwell Orkin '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 Caldwell Orkin'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 Caldwell Orkin.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Caldwell Orkin on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Caldwell Orkin Market or generate 0.0% return on investment in Caldwell Orkin over 30 days. Caldwell Orkin is related to or competes with Vaughan Nelson, Voya Large-cap, T Rowe, William Blair, Nasdaq 100, Fidelity 500, and Vanguard Target. The funds principal investment strategy involves active asset allocation among long, short and cash positions in an effo... More
Caldwell Orkin 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 Caldwell Orkin'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 Caldwell Orkin Market upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.846 | |||
| Information Ratio | 0.1137 | |||
| Maximum Drawdown | 9.83 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.72 |
Caldwell Orkin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Caldwell Orkin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Caldwell Orkin's standard deviation. In reality, there are many statistical measures that can use Caldwell Orkin historical prices to predict the future Caldwell Orkin's volatility.| Risk Adjusted Performance | 0.1666 | |||
| Jensen Alpha | 0.0981 | |||
| Total Risk Alpha | 0.0623 | |||
| Sortino Ratio | 0.1794 | |||
| Treynor Ratio | 0.1887 |
Caldwell Orkin Market Backtested Returns
Caldwell Orkin appears to be very steady, given 3 months investment horizon. Caldwell Orkin Market secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Caldwell Orkin Market, which you can use to evaluate the volatility of the entity. Please makes use of Caldwell Orkin's Downside Deviation of 0.846, mean deviation of 0.8209, and Risk Adjusted Performance of 0.1666 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.44, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Caldwell Orkin will likely underperform.
Auto-correlation | 0.82 |
Very good predictability
Caldwell Orkin Market has very good predictability. Overlapping area represents the amount of predictability between Caldwell Orkin time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Caldwell Orkin Market price movement. The serial correlation of 0.82 indicates that around 82.0% of current Caldwell Orkin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Caldwell Orkin Market lagged returns against current returns
Autocorrelation, which is Caldwell Orkin 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 Caldwell Orkin's mutual fund expected returns. We can calculate the autocorrelation of Caldwell Orkin returns to help us make a trade decision. For example, suppose you find that Caldwell Orkin 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 |
Caldwell Orkin 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 Caldwell Orkin mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Caldwell Orkin mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Caldwell Orkin mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Caldwell Orkin Lagged Returns
When evaluating Caldwell Orkin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Caldwell Orkin mutual fund have on its future price. Caldwell Orkin 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, Caldwell Orkin autocorrelation shows the relationship between Caldwell Orkin mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Caldwell Orkin Market.
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 Caldwell Mutual Fund
Caldwell Orkin financial ratios help investors to determine whether Caldwell 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 Caldwell with respect to the benefits of owning Caldwell Orkin security.
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