Live Oak Health Fund Market Value
| LOGSX Fund | USD 21.98 0.10 0.46% |
| Symbol | LIVE |
Live Oak '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 Live Oak'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 Live Oak.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Live Oak on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Live Oak Health or generate 0.0% return on investment in Live Oak over 300 days. Live Oak is related to or competes with Black Oak, Pin Oak, Red Oak, and White Oak. The fund invests primarily in common stocks of companies engaged in the research, development, production, or distributi... More
Live Oak 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 Live Oak'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 Live Oak Health upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 3.97 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.02 |
Live Oak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Live Oak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Live Oak's standard deviation. In reality, there are many statistical measures that can use Live Oak historical prices to predict the future Live Oak's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Live Oak's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Live Oak Health Backtested Returns
Live Oak Health has Sharpe Ratio of -0.0945, which conveys that the entity had a -0.0945% return per unit of risk over the last 3 months. Live Oak exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Live Oak's Standard Deviation of 0.7685, mean deviation of 0.611, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Live Oak's returns are expected to increase less than the market. However, during the bear market, the loss of holding Live Oak is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Live Oak Health has insignificant reverse predictability. Overlapping area represents the amount of predictability between Live Oak time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Live Oak Health price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Live Oak price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Live Oak Health lagged returns against current returns
Autocorrelation, which is Live Oak 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 Live Oak's mutual fund expected returns. We can calculate the autocorrelation of Live Oak returns to help us make a trade decision. For example, suppose you find that Live Oak 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 |
Live Oak 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 Live Oak mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Live Oak mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Live Oak mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Live Oak Lagged Returns
When evaluating Live Oak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Live Oak mutual fund have on its future price. Live Oak 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, Live Oak autocorrelation shows the relationship between Live Oak mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Live Oak Health.
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 LIVE Mutual Fund
Live Oak financial ratios help investors to determine whether LIVE 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 LIVE with respect to the benefits of owning Live Oak security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |