Otg Latin America Fund Market Value
| OTGAX Fund | USD 7.82 0.12 1.51% |
| Symbol | Otg |
Otg Latin '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 Otg Latin'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 Otg Latin.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Otg Latin on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Otg Latin America or generate 0.0% return on investment in Otg Latin over 30 days. Otg Latin is related to or competes with Jhancock Short, Ab Select, Maryland Short-term, Rbc Short, Barings Active, Sterling Capital, and Old Westbury. Under normal circumstances, the fund will invest at least 80 percent of its net assets in Latin American equity securiti... More
Otg Latin 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 Otg Latin'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 Otg Latin America upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.11 |
Otg Latin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Otg Latin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Otg Latin's standard deviation. In reality, there are many statistical measures that can use Otg Latin historical prices to predict the future Otg Latin's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.30) |
Otg Latin America Backtested Returns
Otg Latin America 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. Otg Latin America exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Otg Latin's Coefficient Of Variation of (765.60), variance of 0.6481, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The fund holds a Beta of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Otg Latin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Otg Latin is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
Otg Latin America has modest predictability. Overlapping area represents the amount of predictability between Otg Latin time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Otg Latin America price movement. The serial correlation of 0.51 indicates that about 51.0% of current Otg Latin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Otg Latin America lagged returns against current returns
Autocorrelation, which is Otg Latin 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 Otg Latin's mutual fund expected returns. We can calculate the autocorrelation of Otg Latin returns to help us make a trade decision. For example, suppose you find that Otg Latin 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 |
Otg Latin 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 Otg Latin mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Otg Latin mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Otg Latin mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Otg Latin Lagged Returns
When evaluating Otg Latin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Otg Latin mutual fund have on its future price. Otg Latin 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, Otg Latin autocorrelation shows the relationship between Otg Latin mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Otg Latin America.
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 Otg Mutual Fund
Otg Latin financial ratios help investors to determine whether Otg 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 Otg with respect to the benefits of owning Otg Latin security.
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