Oaktree Capital Group Preferred Stock Market Value
| OAK-PB Preferred Stock | USD 22.96 0.31 1.37% |
| Symbol | Oaktree |
Oaktree Capital '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 Oaktree Capital's preferred stock 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 Oaktree Capital.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Oaktree Capital on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Oaktree Capital Group or generate 0.0% return on investment in Oaktree Capital over 720 days. Oaktree Capital is related to or competes with Gabelli Multimedia, Gabelli Equity, Virtus AllianzGI, Tri-ContinentalPFD, Invesco Municipal, Gabelli Equity, and Invesco Advantage. More
Oaktree Capital 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 Oaktree Capital's preferred stock 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 Oaktree Capital Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 4.64 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.53 |
Oaktree Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oaktree Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oaktree Capital's standard deviation. In reality, there are many statistical measures that can use Oaktree Capital historical prices to predict the future Oaktree Capital's volatility.| Risk Adjusted Performance | 0.0275 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0884 |
Oaktree Capital Group Backtested Returns
At this point, Oaktree Capital is very steady. Oaktree Capital Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0446, which implies the firm had a 0.0446% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Oaktree Capital Group, which you can use to evaluate the volatility of the company. Please check Oaktree Capital's Risk Adjusted Performance of 0.0275, semi deviation of 0.987, and Coefficient Of Variation of 2977.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.0422%. Oaktree Capital has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oaktree Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oaktree Capital is expected to be smaller as well. Oaktree Capital Group right now holds a risk of 0.95%. Please check Oaktree Capital Group total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Oaktree Capital Group will be following its historical price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Oaktree Capital Group has very good reverse predictability. Overlapping area represents the amount of predictability between Oaktree Capital time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Oaktree Capital Group price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Oaktree Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 1.17 |
Oaktree Capital Group lagged returns against current returns
Autocorrelation, which is Oaktree Capital preferred stock'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 Oaktree Capital's preferred stock expected returns. We can calculate the autocorrelation of Oaktree Capital returns to help us make a trade decision. For example, suppose you find that Oaktree Capital has exhibited high autocorrelation historically, and you observe that the preferred stock 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 |
Oaktree Capital 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 Oaktree Capital preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oaktree Capital preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oaktree Capital preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Oaktree Capital Lagged Returns
When evaluating Oaktree Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oaktree Capital preferred stock have on its future price. Oaktree Capital 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, Oaktree Capital autocorrelation shows the relationship between Oaktree Capital preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Oaktree Capital Group.
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 Oaktree Preferred Stock
Oaktree Capital financial ratios help investors to determine whether Oaktree Preferred Stock 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 Oaktree with respect to the benefits of owning Oaktree Capital security.