Berkshire Focus Fund Market Value
| BFOCX Fund | USD 30.80 0.41 1.35% |
| Symbol | Berkshire |
Berkshire Focus '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 Berkshire Focus' 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 Berkshire Focus.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Berkshire Focus on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Berkshire Focus or generate 0.0% return on investment in Berkshire Focus over 30 days. Berkshire Focus is related to or competes with Red Oak, Firsthand Technology, Morgan Stanley, Internet Ultrasector, and Blackrock Science. The fund invests primarily in common stocks that are selected for their long-term growth potential More
Berkshire Focus 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 Berkshire Focus' 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 Berkshire Focus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.1554 | |||
| Maximum Drawdown | 8.12 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 3.74 |
Berkshire Focus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Berkshire Focus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berkshire Focus' standard deviation. In reality, there are many statistical measures that can use Berkshire Focus historical prices to predict the future Berkshire Focus' volatility.| Risk Adjusted Performance | 0.1805 | |||
| Jensen Alpha | 0.2207 | |||
| Total Risk Alpha | 0.1058 | |||
| Sortino Ratio | 0.1466 | |||
| Treynor Ratio | 0.2683 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Berkshire Focus' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Berkshire Focus Backtested Returns
Berkshire Focus appears to be very steady, given 3 months investment horizon. Berkshire Focus secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the fund had a 0.3% return per unit of risk over the last 3 months. By analyzing Berkshire Focus' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Berkshire Focus' Risk Adjusted Performance of 0.1805, downside deviation of 2.0, and Mean Deviation of 1.36 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.57, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Berkshire Focus will likely underperform.
Auto-correlation | 0.54 |
Modest predictability
Berkshire Focus has modest predictability. Overlapping area represents the amount of predictability between Berkshire Focus time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Berkshire Focus price movement. The serial correlation of 0.54 indicates that about 54.0% of current Berkshire Focus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Berkshire Focus lagged returns against current returns
Autocorrelation, which is Berkshire Focus 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 Berkshire Focus' mutual fund expected returns. We can calculate the autocorrelation of Berkshire Focus returns to help us make a trade decision. For example, suppose you find that Berkshire Focus 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 |
Berkshire Focus 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 Berkshire Focus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berkshire Focus mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berkshire Focus mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Berkshire Focus Lagged Returns
When evaluating Berkshire Focus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berkshire Focus mutual fund have on its future price. Berkshire Focus 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, Berkshire Focus autocorrelation shows the relationship between Berkshire Focus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Berkshire Focus.
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 Berkshire Mutual Fund
Berkshire Focus financial ratios help investors to determine whether Berkshire 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 Berkshire with respect to the benefits of owning Berkshire Focus security.
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