Otter Creek Longshort Fund Market Value
| OTCRX Fund | USD 14.97 0.08 0.53% |
| Symbol | Otter |
Otter Creek '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 Otter Creek'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 Otter Creek.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Otter Creek on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Otter Creek Longshort or generate 0.0% return on investment in Otter Creek over 720 days. Otter Creek is related to or competes with Boston Partners, Asg Managed, Pimco Trends, Aqr Long-short, and Otter Creek. The manager employs a longshort investment strategy to achieve capital appreciation and manage risk More
Otter Creek 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 Otter Creek'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 Otter Creek Longshort upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9007 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.31 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.31 |
Otter Creek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Otter Creek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Otter Creek's standard deviation. In reality, there are many statistical measures that can use Otter Creek historical prices to predict the future Otter Creek's volatility.| Risk Adjusted Performance | 0.0851 | |||
| Jensen Alpha | 0.002 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1238 |
Otter Creek Longshort Backtested Returns
At this stage we consider Otter Mutual Fund to be very steady. Otter Creek Longshort maintains Sharpe Ratio (i.e., Efficiency) of 0.0647, which implies the entity had a 0.0647% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Otter Creek Longshort, which you can use to evaluate the volatility of the fund. Please check Otter Creek's Semi Deviation of 0.7618, risk adjusted performance of 0.0851, and Coefficient Of Variation of 896.35 to confirm if the risk estimate we provide is consistent with the expected return of 0.0491%. The fund holds a Beta of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Otter Creek's returns are expected to increase less than the market. However, during the bear market, the loss of holding Otter Creek is expected to be smaller as well.
Auto-correlation | 0.36 |
Below average predictability
Otter Creek Longshort has below average predictability. Overlapping area represents the amount of predictability between Otter Creek time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Otter Creek Longshort price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Otter Creek price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Otter Creek Longshort lagged returns against current returns
Autocorrelation, which is Otter Creek 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 Otter Creek's mutual fund expected returns. We can calculate the autocorrelation of Otter Creek returns to help us make a trade decision. For example, suppose you find that Otter Creek 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 |
Otter Creek 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 Otter Creek mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Otter Creek mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Otter Creek mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Otter Creek Lagged Returns
When evaluating Otter Creek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Otter Creek mutual fund have on its future price. Otter Creek 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, Otter Creek autocorrelation shows the relationship between Otter Creek mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Otter Creek Longshort.
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 Otter Mutual Fund
Otter Creek financial ratios help investors to determine whether Otter 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 Otter with respect to the benefits of owning Otter Creek security.
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