Omni Small Cap Value Fund Market Value
| BOSVX Fund | USD 16.36 0.39 2.44% |
| Symbol | Omni |
Omni Small-cap '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 Omni Small-cap'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 Omni Small-cap.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Omni Small-cap on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Omni Small Cap Value or generate 0.0% return on investment in Omni Small-cap over 90 days. Omni Small-cap is related to or competes with Us Government, Hawaii Municipal, Baird Quality, and Us Government. The investment seeks to provide long-term total return on capital, primarily through capital appreciation More
Omni Small-cap 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 Omni Small-cap'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 Omni Small Cap Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.04 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 1.74 |
Omni Small-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omni Small-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omni Small-cap's standard deviation. In reality, there are many statistical measures that can use Omni Small-cap historical prices to predict the future Omni Small-cap's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (2.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Omni Small-cap's 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.
Omni Small Cap Backtested Returns
Omni Small Cap maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the entity had a -0.19 % return per unit of risk over the last 3 months. Omni Small Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Omni Small-cap's Variance of 1.48, coefficient of variation of (517.27), and Risk Adjusted Performance of (0.17) to confirm the risk estimate we provide. The fund holds a Beta of 0.0971, which implies not very significant fluctuations relative to the market. As returns on the market increase, Omni Small-cap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Omni Small-cap is expected to be smaller as well.
Auto-correlation | -0.59 |
Good reverse predictability
Omni Small Cap Value has good reverse predictability. Overlapping area represents the amount of predictability between Omni Small-cap time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Omni Small Cap price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Omni Small-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
Omni Small Cap lagged returns against current returns
Autocorrelation, which is Omni Small-cap 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 Omni Small-cap's mutual fund expected returns. We can calculate the autocorrelation of Omni Small-cap returns to help us make a trade decision. For example, suppose you find that Omni Small-cap 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 |
Omni Small-cap 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 Omni Small-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omni Small-cap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omni Small-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Omni Small-cap Lagged Returns
When evaluating Omni Small-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omni Small-cap mutual fund have on its future price. Omni Small-cap 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, Omni Small-cap autocorrelation shows the relationship between Omni Small-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Omni Small Cap Value.
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 Omni Mutual Fund
Omni Small-cap financial ratios help investors to determine whether Omni 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 Omni with respect to the benefits of owning Omni Small-cap security.
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