Oakmark Equity And Fund Market Value
| OAZBX Fund | USD 36.96 0.19 0.51% |
| Symbol | Oakmark |
Oakmark Equity '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 Oakmark Equity'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 Oakmark Equity.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Oakmark Equity on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Oakmark Equity And or generate 0.0% return on investment in Oakmark Equity over 480 days. Oakmark Equity is related to or competes with Oakmark Global, Oakmark International, Oakmark Select, T Rowe, and Oakmark Fund. The fund invests primarily in a diversified portfolio of U.S More
Oakmark Equity 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 Oakmark Equity'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 Oakmark Equity And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4734 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.84 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7108 |
Oakmark Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakmark Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakmark Equity's standard deviation. In reality, there are many statistical measures that can use Oakmark Equity historical prices to predict the future Oakmark Equity's volatility.| Risk Adjusted Performance | 0.1004 | |||
| Jensen Alpha | 0.0646 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (1.61) |
Oakmark Equity And Backtested Returns
At this stage we consider Oakmark Mutual Fund to be very steady. Oakmark Equity And maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oakmark Equity And, which you can use to evaluate the volatility of the fund. Please check Oakmark Equity's Risk Adjusted Performance of 0.1004, semi deviation of 0.3318, and Coefficient Of Variation of 727.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.0576%. The fund holds a Beta of -0.0372, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Oakmark Equity are expected to decrease at a much lower rate. During the bear market, Oakmark Equity is likely to outperform the market.
Auto-correlation | 0.89 |
Very good predictability
Oakmark Equity And has very good predictability. Overlapping area represents the amount of predictability between Oakmark Equity time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Oakmark Equity And price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Oakmark Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
Oakmark Equity And lagged returns against current returns
Autocorrelation, which is Oakmark Equity 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 Oakmark Equity's mutual fund expected returns. We can calculate the autocorrelation of Oakmark Equity returns to help us make a trade decision. For example, suppose you find that Oakmark Equity 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 |
Oakmark Equity 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 Oakmark Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oakmark Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oakmark Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oakmark Equity Lagged Returns
When evaluating Oakmark Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oakmark Equity mutual fund have on its future price. Oakmark Equity 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, Oakmark Equity autocorrelation shows the relationship between Oakmark Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oakmark Equity And.
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 Oakmark Mutual Fund
Oakmark Equity financial ratios help investors to determine whether Oakmark 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 Oakmark with respect to the benefits of owning Oakmark Equity security.
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