Oakmark Fund R6 Fund Market Value
| OAZMX Fund | USD 160.29 1.59 0.98% |
| Symbol | Oakmark |
Oakmark Fund '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 Fund'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 Fund.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Oakmark Fund on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Oakmark Fund R6 or generate 0.0% return on investment in Oakmark Fund over 720 days. Oakmark Fund is related to or competes with Oakmark Select, Oakmark International, Oakmark Equity, Oakmark Global, and Clipper Fund. The fund invests primarily in a diversified portfolio of common stocks of U.S More
Oakmark Fund 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 Fund'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 Fund R6 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6788 | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.26 |
Oakmark Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakmark Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakmark Fund's standard deviation. In reality, there are many statistical measures that can use Oakmark Fund historical prices to predict the future Oakmark Fund's volatility.| Risk Adjusted Performance | 0.1192 | |||
| Jensen Alpha | 0.1317 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 1.0E-4 | |||
| Treynor Ratio | (1.34) |
Oakmark Fund R6 Backtested Returns
At this stage we consider Oakmark Mutual Fund to be very steady. Oakmark Fund R6 maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oakmark Fund R6, which you can use to evaluate the volatility of the fund. Please check Oakmark Fund's Semi Deviation of 0.4984, risk adjusted performance of 0.1192, and Coefficient Of Variation of 648.35 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The fund holds a Beta of -0.0899, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Oakmark Fund are expected to decrease at a much lower rate. During the bear market, Oakmark Fund is likely to outperform the market.
Auto-correlation | 0.59 |
Modest predictability
Oakmark Fund R6 has modest predictability. Overlapping area represents the amount of predictability between Oakmark Fund time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 Fund R6 price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Oakmark Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 65.85 |
Oakmark Fund R6 lagged returns against current returns
Autocorrelation, which is Oakmark Fund 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 Fund's mutual fund expected returns. We can calculate the autocorrelation of Oakmark Fund returns to help us make a trade decision. For example, suppose you find that Oakmark Fund 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 Fund 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 Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oakmark Fund 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 Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oakmark Fund Lagged Returns
When evaluating Oakmark Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oakmark Fund mutual fund have on its future price. Oakmark Fund 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 Fund autocorrelation shows the relationship between Oakmark Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oakmark Fund R6.
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 Fund 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 Fund security.
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