Hotchkis And Wiley Fund Market Value

HWNIX Fund  USD 12.36  0.05  0.41%   
Hotchkis And's market value is the price at which a share of Hotchkis And trades on a public exchange. It measures the collective expectations of Hotchkis And Wiley investors about its performance. Hotchkis And is trading at 12.36 as of the 2nd of March 2025; that is 0.41 percent increase since the beginning of the trading day. The fund's open price was 12.31.
With this module, you can estimate the performance of a buy and hold strategy of Hotchkis And Wiley and determine expected loss or profit from investing in Hotchkis And over a given investment horizon. Check out Hotchkis And Correlation, Hotchkis And Volatility and Hotchkis And Alpha and Beta module to complement your research on Hotchkis And.
Symbol

Please note, there is a significant difference between Hotchkis And's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hotchkis And is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hotchkis And's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Hotchkis And '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 Hotchkis And'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 Hotchkis And.
0.00
01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Hotchkis And on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Hotchkis And Wiley or generate 0.0% return on investment in Hotchkis And over 30 days. Hotchkis And is related to or competes with Aam Select, Rational Dividend, and Arrow Managed. The fund invests primarily in non-U.S. companies, which may include companies located or operating in developed or emerg... More

Hotchkis And 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 Hotchkis And'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 Hotchkis And Wiley upside and downside potential and time the market with a certain degree of confidence.

Hotchkis And Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hotchkis And's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hotchkis And's standard deviation. In reality, there are many statistical measures that can use Hotchkis And historical prices to predict the future Hotchkis And's volatility.
Hype
Prediction
LowEstimatedHigh
11.5512.3613.17
Details
Intrinsic
Valuation
LowRealHigh
11.1213.3114.12
Details
Naive
Forecast
LowNextHigh
11.6412.4613.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.6312.1612.69
Details

Hotchkis And Wiley Backtested Returns

At this stage we consider Hotchkis Mutual Fund to be very steady. Hotchkis And Wiley holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hotchkis And Wiley, which you can use to evaluate the volatility of the entity. Please check out Hotchkis And's Risk Adjusted Performance of 0.1178, market risk adjusted performance of 0.2503, and Downside Deviation of 0.8948 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The fund retains a Market Volatility (i.e., Beta) of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hotchkis And's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hotchkis And is expected to be smaller as well.

Auto-correlation

    
  0.15  

Insignificant predictability

Hotchkis And Wiley has insignificant predictability. Overlapping area represents the amount of predictability between Hotchkis And time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Hotchkis And Wiley price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Hotchkis And price fluctuation can be explain by its past prices.
Correlation Coefficient0.15
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.0

Hotchkis And Wiley lagged returns against current returns

Autocorrelation, which is Hotchkis And 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 Hotchkis And's mutual fund expected returns. We can calculate the autocorrelation of Hotchkis And returns to help us make a trade decision. For example, suppose you find that Hotchkis And 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  

Hotchkis And 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 Hotchkis And mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hotchkis And mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hotchkis And mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Hotchkis And Lagged Returns

When evaluating Hotchkis And's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hotchkis And mutual fund have on its future price. Hotchkis And 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, Hotchkis And autocorrelation shows the relationship between Hotchkis And mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hotchkis And Wiley.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Hotchkis Mutual Fund

Hotchkis And financial ratios help investors to determine whether Hotchkis 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 Hotchkis with respect to the benefits of owning Hotchkis And security.
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