Ocm Mutual Fund Market Value
| OCMGX Fund | USD 13.40 0.42 3.04% |
| Symbol | Ocm |
Ocm Mutual '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 Ocm Mutual'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 Ocm Mutual.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ocm Mutual on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Ocm Mutual Fund or generate 0.0% return on investment in Ocm Mutual over 90 days. Ocm Mutual is related to or competes with Jhancock Real, Heitman Us, Us Real, and Msif Us. The fund principally invests in equity securities of domestic and foreign companies of any size engaged in all sectors o... More
Ocm Mutual 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 Ocm Mutual'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 Ocm Mutual Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 10.93 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 3.42 |
Ocm Mutual Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocm Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ocm Mutual's standard deviation. In reality, there are many statistical measures that can use Ocm Mutual historical prices to predict the future Ocm Mutual's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.25) |
Ocm Mutual Fund Backtested Returns
Ocm Mutual Fund maintains Sharpe Ratio (i.e., Efficiency) of -0.0279, which implies the entity had a -0.0279% return per unit of risk over the last 3 months. Ocm Mutual Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ocm Mutual's Risk Adjusted Performance of (0.02), coefficient of variation of (3,587), and Variance of 3.6 to confirm the risk estimate we provide. The fund holds a Beta of 0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ocm Mutual's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ocm Mutual is expected to be smaller as well.
Auto-correlation | -0.61 |
Very good reverse predictability
Ocm Mutual Fund has very good reverse predictability. Overlapping area represents the amount of predictability between Ocm Mutual time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Ocm Mutual Fund price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Ocm Mutual price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
Ocm Mutual Fund lagged returns against current returns
Autocorrelation, which is Ocm Mutual 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 Ocm Mutual's mutual fund expected returns. We can calculate the autocorrelation of Ocm Mutual returns to help us make a trade decision. For example, suppose you find that Ocm Mutual 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 |
Ocm Mutual 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 Ocm Mutual mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ocm Mutual mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ocm Mutual mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ocm Mutual Lagged Returns
When evaluating Ocm Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ocm Mutual mutual fund have on its future price. Ocm Mutual 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, Ocm Mutual autocorrelation shows the relationship between Ocm Mutual mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ocm Mutual Fund.
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 Ocm Mutual Fund
Ocm Mutual financial ratios help investors to determine whether Ocm 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 Ocm with respect to the benefits of owning Ocm Mutual security.
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