The Fairholme Focused Fund Market Value
| FOCIX Fund | USD 14.44 0.10 0.70% |
| 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.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in The Fairholme on October 31, 2024 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 The Fairholme over 30 days. The Fairholme is related to or competes with Ab Value, Bbh Partner, Nasdaq 100, Rbc Funds, Eic Value, Issachar Fund, and Commonwealth Global. The fund invests in a focused portfolio of cash distributing securities 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 Focused upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3138 | |||
| Information Ratio | 0.0277 | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.7675 |
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 | 0.2302 | |||
| Jensen Alpha | 0.0844 | |||
| Total Risk Alpha | 0.0594 | |||
| Sortino Ratio | 0.0432 | |||
| Treynor Ratio | 0.3173 |
Fairholme Focused Backtested Returns
At this stage we consider The Mutual Fund to be very steady. Fairholme Focused owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the fund had a 0.31% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for The Fairholme Focused, which you can use to evaluate the volatility of the fund. Please validate The Fairholme's Risk Adjusted Performance of 0.2302, standard deviation of 0.4901, and Downside Deviation of 0.3138 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. The entity has a beta of 0.44, 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 | 0.89 |
Very good predictability
The Fairholme Focused has very good predictability. Overlapping area represents the amount of predictability between The Fairholme time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Fairholme Focused price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current The Fairholme price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Fairholme Focused 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 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 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.