Ophmr Eml Dbt Fund Market Value
| OEMCX Fund | USD 5.21 0.01 0.19% |
| Symbol | Ophmr |
Ophmr Eml '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 Ophmr Eml'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 Ophmr Eml.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Ophmr Eml on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Ophmr Eml Dbt or generate 0.0% return on investment in Ophmr Eml over 720 days. Ophmr Eml is related to or competes with Invesco Energy, Goehring Rozencwajg, Firsthand Alternative, World Energy, Franklin Natural, and Energy Basic. The fund invests at least 80 percent of its net assets in debt securities that are economically tied to emerging market ... More
Ophmr Eml 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 Ophmr Eml'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 Ophmr Eml Dbt upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.91 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.578 |
Ophmr Eml Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ophmr Eml's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ophmr Eml's standard deviation. In reality, there are many statistical measures that can use Ophmr Eml historical prices to predict the future Ophmr Eml's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (1.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ophmr Eml'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.
Ophmr Eml Dbt Backtested Returns
Ophmr Eml Dbt maintains Sharpe Ratio (i.e., Efficiency) of -0.18, which implies the entity had a -0.18% return per unit of risk over the last 3 months. Ophmr Eml Dbt exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ophmr Eml's Risk Adjusted Performance of (0.08), variance of 0.1772, and Coefficient Of Variation of (936.65) to confirm the risk estimate we provide. The fund holds a Beta of 0.0396, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ophmr Eml's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ophmr Eml is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Ophmr Eml Dbt has good reverse predictability. Overlapping area represents the amount of predictability between Ophmr Eml time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th of December 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 Ophmr Eml Dbt price movement. The serial correlation of -0.51 indicates that about 51.0% of current Ophmr Eml price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ophmr Eml Dbt lagged returns against current returns
Autocorrelation, which is Ophmr Eml 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 Ophmr Eml's mutual fund expected returns. We can calculate the autocorrelation of Ophmr Eml returns to help us make a trade decision. For example, suppose you find that Ophmr Eml 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 |
Ophmr Eml 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 Ophmr Eml mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ophmr Eml mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ophmr Eml mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ophmr Eml Lagged Returns
When evaluating Ophmr Eml's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ophmr Eml mutual fund have on its future price. Ophmr Eml 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, Ophmr Eml autocorrelation shows the relationship between Ophmr Eml mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ophmr Eml Dbt.
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 Ophmr Mutual Fund
Ophmr Eml financial ratios help investors to determine whether Ophmr 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 Ophmr with respect to the benefits of owning Ophmr Eml security.
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