Oakmark Bond Fund Market Value
| OAZCX Fund | USD 8.89 0.02 0.23% |
| Symbol | Oakmark |
Oakmark Bond '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 Bond'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 Bond.
| 01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Oakmark Bond on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Oakmark Bond or generate 0.0% return on investment in Oakmark Bond over 30 days. Oakmark Bond is related to or competes with Inverse Government, Bbh Intermediate, Virtus Seix, Prudential California, Aig Government, and Lord Abbett. The fund invests primarily in a diversified portfolio of bonds and other fixed-income securities More
Oakmark Bond 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 Bond'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 Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2844 | |||
| Information Ratio | 0.0824 | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.5708 |
Oakmark Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakmark Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakmark Bond's standard deviation. In reality, there are many statistical measures that can use Oakmark Bond historical prices to predict the future Oakmark Bond's volatility.| Risk Adjusted Performance | 0.0586 | |||
| Jensen Alpha | 0.02 | |||
| Total Risk Alpha | 0.0217 | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | 0.3035 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oakmark Bond'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.
Oakmark Bond Backtested Returns
At this stage we consider Oakmark Mutual Fund to be very steady. Oakmark Bond maintains Sharpe Ratio (i.e., Efficiency) of 0.0354, which implies the entity had a 0.0354 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oakmark Bond, which you can use to evaluate the volatility of the fund. Please check Oakmark Bond's Risk Adjusted Performance of 0.0586, coefficient of variation of 1003.2, and Semi Deviation of 0.1463 to confirm if the risk estimate we provide is consistent with the expected return of 0.0101%. The fund holds a Beta of 0.0649, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oakmark Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oakmark Bond is expected to be smaller as well.
Auto-correlation | 0.62 |
Good predictability
Oakmark Bond has good predictability. Overlapping area represents the amount of predictability between Oakmark Bond time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 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 Oakmark Bond price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Oakmark Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oakmark Bond lagged returns against current returns
Autocorrelation, which is Oakmark Bond 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 Bond's mutual fund expected returns. We can calculate the autocorrelation of Oakmark Bond returns to help us make a trade decision. For example, suppose you find that Oakmark Bond 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 Bond 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 Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oakmark Bond 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 Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oakmark Bond Lagged Returns
When evaluating Oakmark Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oakmark Bond mutual fund have on its future price. Oakmark Bond 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 Bond autocorrelation shows the relationship between Oakmark Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oakmark Bond.
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 Bond 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 Bond security.
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