The Fairholme Focused Fund Market Value
| FOCIX Fund | USD 14.36 0.07 0.49% |
| Symbol | Fairholme |
Fairholme Focused '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 Fairholme Focused'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 Fairholme Focused.
| 02/11/2023 |
| 01/31/2025 |
If you would invest 0.00 in Fairholme Focused on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding The Fairholme Focused or generate 0.0% return on investment in Fairholme Focused over 720 days. Fairholme Focused is related to or competes with Live Oak, Vanguard Health, Deutsche Health, Invesco Global, and Eaton Vance. The fund invests in a focused portfolio of cash distributing securities More
Fairholme Focused 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 Fairholme Focused'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 Focused upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4705 | |||
| Information Ratio | 0.0725 | |||
| Maximum Drawdown | 4.24 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.8481 |
Fairholme Focused Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fairholme Focused's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fairholme Focused's standard deviation. In reality, there are many statistical measures that can use Fairholme Focused historical prices to predict the future Fairholme Focused's volatility.| Risk Adjusted Performance | 0.1954 | |||
| Jensen Alpha | 0.0994 | |||
| Total Risk Alpha | 0.0688 | |||
| Sortino Ratio | 0.0927 | |||
| Treynor Ratio | 0.3515 |
Fairholme Focused Backtested Returns
At this stage we consider Fairholme Mutual Fund to be very steady. Fairholme Focused secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the fund had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Fairholme Focused, which you can use to evaluate the volatility of the entity. Please confirm Fairholme Focused's Risk Adjusted Performance of 0.1954, semi deviation of 0.1486, and Downside Deviation of 0.4705 to check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of 0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fairholme Focused's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fairholme Focused is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
The Fairholme Focused has very good predictability. Overlapping area represents the amount of predictability between Fairholme Focused time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fairholme Focused price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Fairholme Focused price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Fairholme Focused lagged returns against current returns
Autocorrelation, which is Fairholme Focused 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 Fairholme Focused's mutual fund expected returns. We can calculate the autocorrelation of Fairholme Focused returns to help us make a trade decision. For example, suppose you find that Fairholme Focused 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 |
Fairholme Focused 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 Fairholme Focused mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fairholme Focused mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fairholme Focused mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fairholme Focused Lagged Returns
When evaluating Fairholme Focused's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fairholme Focused mutual fund have on its future price. Fairholme Focused 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, Fairholme Focused autocorrelation shows the relationship between Fairholme Focused mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Fairholme Focused.
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 Fairholme Mutual Fund
Fairholme Focused financial ratios help investors to determine whether Fairholme 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 Fairholme with respect to the benefits of owning Fairholme Focused security.
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