Scharf Fund Retail Fund Market Value

LOGRX Fund  USD 57.57  0.12  0.21%   
Scharf Fund's market value is the price at which a share of Scharf Fund trades on a public exchange. It measures the collective expectations of Scharf Fund Retail investors about its performance. Scharf Fund is trading at 57.57 as of the 29th of November 2024; that is 0.21 percent up since the beginning of the trading day. The fund's open price was 57.45.
With this module, you can estimate the performance of a buy and hold strategy of Scharf Fund Retail and determine expected loss or profit from investing in Scharf Fund over a given investment horizon. Check out Scharf Fund Correlation, Scharf Fund Volatility and Scharf Fund Alpha and Beta module to complement your research on Scharf Fund.
Symbol

Please note, there is a significant difference between Scharf Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scharf Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scharf Fund'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.

Scharf Fund '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 Scharf Fund'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 Scharf Fund.
0.00
05/09/2023
No Change 0.00  0.0 
In 1 year 6 months and 24 days
11/29/2024
0.00
If you would invest  0.00  in Scharf Fund on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Scharf Fund Retail or generate 0.0% return on investment in Scharf Fund over 570 days. Scharf Fund is related to or competes with Morningstar Unconstrained, Thrivent High, Via Renewables, Bayview Acquisition, T Rowe, Coca Cola, and Sitka Gold. Under normal market conditions, the fund primarily invests in equity securities that the Adviser believes have significa... More

Scharf Fund 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 Scharf Fund'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 Scharf Fund Retail upside and downside potential and time the market with a certain degree of confidence.

Scharf Fund Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Scharf Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scharf Fund's standard deviation. In reality, there are many statistical measures that can use Scharf Fund historical prices to predict the future Scharf Fund's volatility.
Hype
Prediction
LowEstimatedHigh
56.9857.5758.16
Details
Intrinsic
Valuation
LowRealHigh
56.4757.0657.65
Details
Naive
Forecast
LowNextHigh
57.2957.8858.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
54.1056.0758.05
Details

Scharf Fund Retail Backtested Returns

At this stage we consider Scharf Mutual Fund to be very steady. Scharf Fund Retail owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Scharf Fund Retail, which you can use to evaluate the volatility of the fund. Please validate Scharf Fund's Coefficient Of Variation of 748.91, semi deviation of 0.3852, and Risk Adjusted Performance of 0.0993 to confirm if the risk estimate we provide is consistent with the expected return of 0.08%. The entity has a beta of 0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Scharf Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scharf Fund is expected to be smaller as well.

Auto-correlation

    
  0.26  

Poor predictability

Scharf Fund Retail has poor predictability. Overlapping area represents the amount of predictability between Scharf Fund time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 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 Scharf Fund Retail price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Scharf Fund price fluctuation can be explain by its past prices.
Correlation Coefficient0.26
Spearman Rank Test0.29
Residual Average0.0
Price Variance2.92

Scharf Fund Retail lagged returns against current returns

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

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

Scharf Fund Lagged Returns

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

Scharf Fund financial ratios help investors to determine whether Scharf 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 Scharf with respect to the benefits of owning Scharf Fund security.
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