Hw Opportunities Mp Fund Market Value
| HOMPX Fund | USD 16.13 0.11 0.69% |
| Symbol | HOMPX |
Hw Opportunities '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 Hw Opportunities' 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 Hw Opportunities.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Hw Opportunities on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Hw Opportunities Mp or generate 0.0% return on investment in Hw Opportunities over 510 days. Hw Opportunities is related to or competes with Hotchkis Wiley, Hotchkis Wiley, Hotchkis Wiley, Hotchkis Wiley, Hotchkis Wiley, Hotchkis Wiley, and Hotchkis Wiley. The fund normally invests in equity securities, such as common stocks and preferred stocks of any size market capitaliza... More
Hw Opportunities 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 Hw Opportunities' 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 Hw Opportunities Mp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7561 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.3 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.59 |
Hw Opportunities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hw Opportunities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hw Opportunities' standard deviation. In reality, there are many statistical measures that can use Hw Opportunities historical prices to predict the future Hw Opportunities' volatility.| Risk Adjusted Performance | 0.0694 | |||
| Jensen Alpha | 0.0693 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (2.16) |
Hw Opportunities Backtested Returns
At this stage we consider HOMPX Mutual Fund to be very steady. Hw Opportunities retains Efficiency (Sharpe Ratio) of 0.0485, which attests that the entity had a 0.0485% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Hw Opportunities, which you can use to evaluate the volatility of the entity. Please check out Hw Opportunities' Semi Deviation of 0.6669, standard deviation of 0.8452, and Market Risk Adjusted Performance of (2.15) to validate if the risk estimate we provide is consistent with the expected return of 0.039%. The fund owns a Beta (Systematic Risk) of -0.0304, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hw Opportunities are expected to decrease at a much lower rate. During the bear market, Hw Opportunities is likely to outperform the market.
Auto-correlation | 0.26 |
Poor predictability
Hw Opportunities Mp has poor predictability. Overlapping area represents the amount of predictability between Hw Opportunities time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Hw Opportunities price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Hw Opportunities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Hw Opportunities lagged returns against current returns
Autocorrelation, which is Hw Opportunities 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 Hw Opportunities' mutual fund expected returns. We can calculate the autocorrelation of Hw Opportunities returns to help us make a trade decision. For example, suppose you find that Hw Opportunities 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 |
Hw Opportunities 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 Hw Opportunities mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hw Opportunities mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hw Opportunities mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hw Opportunities Lagged Returns
When evaluating Hw Opportunities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hw Opportunities mutual fund have on its future price. Hw Opportunities 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, Hw Opportunities autocorrelation shows the relationship between Hw Opportunities mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hw Opportunities Mp.
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 HOMPX Mutual Fund
Hw Opportunities financial ratios help investors to determine whether HOMPX 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 HOMPX with respect to the benefits of owning Hw Opportunities security.
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