Opnhmr Rchstr Ltd Fund Market Value
| LTBYX Fund | USD 2.81 0.01 0.36% |
| Symbol | Opnhmr |
Opnhmr Rchstr '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 Opnhmr Rchstr'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 Opnhmr Rchstr.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Opnhmr Rchstr on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Opnhmr Rchstr Ltd or generate 0.0% return on investment in Opnhmr Rchstr over 30 days. Opnhmr Rchstr is related to or competes with Us Government, Us Government, Dunham Corporate/govern, Us Government, Us Government, and Us Government. The fund invests at least 80 percent of its net assets in securities the income from which, in the opinion of counsel to... More
Opnhmr Rchstr 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 Opnhmr Rchstr'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 Opnhmr Rchstr Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3828 | |||
| Information Ratio | 0.1523 | |||
| Maximum Drawdown | 0.7207 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.3597 |
Opnhmr Rchstr Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Opnhmr Rchstr's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Opnhmr Rchstr's standard deviation. In reality, there are many statistical measures that can use Opnhmr Rchstr historical prices to predict the future Opnhmr Rchstr's volatility.| Risk Adjusted Performance | 0.0346 | |||
| Jensen Alpha | 0.0074 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | 0.0769 | |||
| Treynor Ratio | 0.1486 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Opnhmr Rchstr'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.
Opnhmr Rchstr Backtested Returns
At this stage we consider Opnhmr Mutual Fund to be very steady. Opnhmr Rchstr maintains Sharpe Ratio (i.e., Efficiency) of 0.0318, which implies the entity had a 0.0318 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Opnhmr Rchstr, which you can use to evaluate the volatility of the fund. Please check Opnhmr Rchstr's Semi Deviation of 0.0474, coefficient of variation of 1174.75, and Risk Adjusted Performance of 0.0346 to confirm if the risk estimate we provide is consistent with the expected return of 0.0061%. The fund holds a Beta of 0.0434, which implies not very significant fluctuations relative to the market. As returns on the market increase, Opnhmr Rchstr's returns are expected to increase less than the market. However, during the bear market, the loss of holding Opnhmr Rchstr is expected to be smaller as well.
Auto-correlation | -0.1 |
Very weak reverse predictability
Opnhmr Rchstr Ltd has very weak reverse predictability. Overlapping area represents the amount of predictability between Opnhmr Rchstr time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Opnhmr Rchstr price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Opnhmr Rchstr price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Opnhmr Rchstr lagged returns against current returns
Autocorrelation, which is Opnhmr Rchstr 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 Opnhmr Rchstr's mutual fund expected returns. We can calculate the autocorrelation of Opnhmr Rchstr returns to help us make a trade decision. For example, suppose you find that Opnhmr Rchstr 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 |
Opnhmr Rchstr 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 Opnhmr Rchstr mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Opnhmr Rchstr mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Opnhmr Rchstr mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Opnhmr Rchstr Lagged Returns
When evaluating Opnhmr Rchstr's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Opnhmr Rchstr mutual fund have on its future price. Opnhmr Rchstr 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, Opnhmr Rchstr autocorrelation shows the relationship between Opnhmr Rchstr mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Opnhmr Rchstr Ltd.
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 Opnhmr Mutual Fund
Opnhmr Rchstr financial ratios help investors to determine whether Opnhmr 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 Opnhmr with respect to the benefits of owning Opnhmr Rchstr security.
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