Harris Oakmark Etf Market Value
| OAKM Etf | 28.62 0.13 0.46% |
| Symbol | Harris |
The market value of Harris Oakmark ETF is measured differently than its book value, which is the value of Harris that is recorded on the company's balance sheet. Investors also form their own opinion of Harris Oakmark's value that differs from its market value or its book value, called intrinsic value, which is Harris Oakmark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harris Oakmark's market value can be influenced by many factors that don't directly affect Harris Oakmark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harris Oakmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harris Oakmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harris Oakmark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Harris Oakmark '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 Harris Oakmark's etf 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 Harris Oakmark.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in Harris Oakmark on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Harris Oakmark ETF or generate 0.0% return on investment in Harris Oakmark over 30 days. Harris Oakmark is related to or competes with Invesco Russell, SPDR Portfolio, Opus Small, BlackRock ETF, SPDR SP, Tortoise Capital, and John Hancock. Harris Oakmark is entity of United States More
Harris Oakmark 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 Harris Oakmark's etf 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 Harris Oakmark ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9162 | |||
| Information Ratio | 0.029 | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.44 |
Harris Oakmark Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harris Oakmark's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harris Oakmark's standard deviation. In reality, there are many statistical measures that can use Harris Oakmark historical prices to predict the future Harris Oakmark's volatility.| Risk Adjusted Performance | 0.0869 | |||
| Jensen Alpha | 0.0278 | |||
| Total Risk Alpha | 0.0083 | |||
| Sortino Ratio | 0.0277 | |||
| Treynor Ratio | 0.0991 |
Harris Oakmark ETF Backtested Returns
As of now, Harris Etf is very steady. Harris Oakmark ETF holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Harris Oakmark ETF, which you can use to evaluate the volatility of the entity. Please check out Harris Oakmark's Downside Deviation of 0.9162, risk adjusted performance of 0.0869, and Market Risk Adjusted Performance of 0.1091 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The etf retains a Market Volatility (i.e., Beta) of 0.97, which attests to possible diversification benefits within a given portfolio. Harris Oakmark returns are very sensitive to returns on the market. As the market goes up or down, Harris Oakmark is expected to follow.
Auto-correlation | 0.22 |
Weak predictability
Harris Oakmark ETF has weak predictability. Overlapping area represents the amount of predictability between Harris Oakmark time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 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 Harris Oakmark ETF price movement. The serial correlation of 0.22 indicates that over 22.0% of current Harris Oakmark price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Harris Oakmark ETF lagged returns against current returns
Autocorrelation, which is Harris Oakmark etf'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 Harris Oakmark's etf expected returns. We can calculate the autocorrelation of Harris Oakmark returns to help us make a trade decision. For example, suppose you find that Harris Oakmark has exhibited high autocorrelation historically, and you observe that the etf 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 |
Harris Oakmark 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 Harris Oakmark etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harris Oakmark etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harris Oakmark etf over time.
Current vs Lagged Prices |
| Timeline |
Harris Oakmark Lagged Returns
When evaluating Harris Oakmark's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harris Oakmark etf have on its future price. Harris Oakmark 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, Harris Oakmark autocorrelation shows the relationship between Harris Oakmark etf current value and its past values and can show if there is a momentum factor associated with investing in Harris Oakmark ETF.
Regressed Prices |
| Timeline |
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Harris Oakmark technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.