The Fairholme Fund Market Value
| FAIRX Fund | USD 32.73 0.34 1.05% |
| Symbol | The |
The Fairholme '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 The Fairholme'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 The Fairholme.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in The Fairholme on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding The Fairholme Fund or generate 0.0% return on investment in The Fairholme over 720 days. The Fairholme is related to or competes with Dunham Real, Real Estate, Great-west Real, Tiaa-cref Real, and Neuberger Berman. Under normal circumstances, to achieve the funds investment objective by investing in a focused portfolio of equity and ... More
The Fairholme 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 The Fairholme'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 The Fairholme Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 6.9 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.8 |
The Fairholme Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Fairholme's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Fairholme's standard deviation. In reality, there are many statistical measures that can use The Fairholme historical prices to predict the future The Fairholme's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.22) |
The Fairholme Backtested Returns
The Fairholme owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the fund had a -0.16% return per unit of risk over the last 3 months. The Fairholme Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate The Fairholme's Variance of 1.32, coefficient of variation of (662.73), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, the Fairholme's returns are expected to increase less than the market. However, during the bear market, the loss of holding the Fairholme is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
The Fairholme Fund has modest predictability. Overlapping area represents the amount of predictability between The Fairholme time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 The Fairholme price movement. The serial correlation of 0.51 indicates that about 51.0% of current The Fairholme price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 2.02 |
The Fairholme lagged returns against current returns
Autocorrelation, which is The Fairholme 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 The Fairholme's mutual fund expected returns. We can calculate the autocorrelation of The Fairholme returns to help us make a trade decision. For example, suppose you find that The Fairholme 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 |
The Fairholme 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 The Fairholme mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Fairholme mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Fairholme mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Fairholme Lagged Returns
When evaluating The Fairholme's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Fairholme mutual fund have on its future price. The Fairholme 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, The Fairholme autocorrelation shows the relationship between The Fairholme mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Fairholme 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 The Mutual Fund
The Fairholme financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Fairholme security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |