Oaktree Emerging Markets Fund Market Value
| OEQIX Fund | USD 7.38 0.01 0.14% |
| Symbol | Oaktree |
Oaktree Emerging '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 Oaktree Emerging'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 Oaktree Emerging.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Oaktree Emerging on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Oaktree Emerging Markets or generate 0.0% return on investment in Oaktree Emerging over 30 days. Oaktree Emerging is related to or competes with Aig Government, Payden Us, Lord Abbett, Intermediate Government, Sit Government, and Davis Government. Under normal market conditions, the fund invests at least 80 percent of its net assets, plus borrowings for investment p... More
Oaktree Emerging 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 Oaktree Emerging'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 Oaktree Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.31 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.35 |
Oaktree Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oaktree Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oaktree Emerging's standard deviation. In reality, there are many statistical measures that can use Oaktree Emerging historical prices to predict the future Oaktree Emerging's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.74) |
Oaktree Emerging Markets Backtested Returns
Oaktree Emerging Markets maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the entity had a -0.1 % return per unit of risk over the last 3 months. Oaktree Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oaktree Emerging's Coefficient Of Variation of (977.63), risk adjusted performance of (0.08), and Variance of 0.9978 to confirm the risk estimate we provide. The fund holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oaktree Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oaktree Emerging is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
Oaktree Emerging Markets has modest reverse predictability. Overlapping area represents the amount of predictability between Oaktree Emerging time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 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 Oaktree Emerging Markets price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Oaktree Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Oaktree Emerging Markets lagged returns against current returns
Autocorrelation, which is Oaktree Emerging 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 Oaktree Emerging's mutual fund expected returns. We can calculate the autocorrelation of Oaktree Emerging returns to help us make a trade decision. For example, suppose you find that Oaktree Emerging 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 |
Oaktree Emerging 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 Oaktree Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oaktree Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oaktree Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oaktree Emerging Lagged Returns
When evaluating Oaktree Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oaktree Emerging mutual fund have on its future price. Oaktree Emerging 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, Oaktree Emerging autocorrelation shows the relationship between Oaktree Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oaktree Emerging Markets.
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 Oaktree Mutual Fund
Oaktree Emerging financial ratios help investors to determine whether Oaktree 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 Oaktree with respect to the benefits of owning Oaktree Emerging security.
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