Hotchkis And Wiley Fund Market Value
| HWNIX Fund | USD 12.91 0.29 2.30% |
| Symbol | Hotchkis |
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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Hotchkis And on December 15, 2024 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 90 days. Hotchkis And is related to or competes with Gabelli Gold, First Eagle, Franklin Gold, Deutsche Gold, Europac Gold, and Wells Fargo. 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.
| Downside Deviation | 1.0 | |||
| Information Ratio | 0.2679 | |||
| Maximum Drawdown | 5.82 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.33 |
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.| Risk Adjusted Performance | 0.1095 | |||
| Jensen Alpha | 0.1982 | |||
| Total Risk Alpha | 0.2715 | |||
| Sortino Ratio | 0.2539 | |||
| Treynor Ratio | 0.184 |
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 0.18, which attests that the entity had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-seven 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 0.1095, market risk adjusted performance of 0.194, and Downside Deviation of 1.0 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. The fund retains a Market Volatility (i.e., Beta) of 0.61, 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 | 0.71 |
Good predictability
Hotchkis And Wiley has good predictability. Overlapping area represents the amount of predictability between Hotchkis And time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 0.71 indicates that around 71.0% of current Hotchkis And price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
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 |
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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 |
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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 |
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 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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