Oshaughnessy Market Leaders Fund Market Value
| OFVIX Fund | USD 19.10 0.03 0.16% |
| Symbol | Oshaughnessy |
Oshaughnessy Market '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 Oshaughnessy Market'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 Oshaughnessy Market.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Oshaughnessy Market on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Oshaughnessy Market Leaders or generate 0.0% return on investment in Oshaughnessy Market over 90 days. Oshaughnessy Market is related to or competes with Champlain Small, Small-midcap Dividend, Transamerica International, Siit Small, Touchstone Small, Needham Small, and Kinetics Small. Under normal market conditions, the fund invests primarily in a diversified portfolio of common stocks and other equity ... More
Oshaughnessy Market 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 Oshaughnessy Market'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 Oshaughnessy Market Leaders upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0333 | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.72 |
Oshaughnessy Market Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oshaughnessy Market's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oshaughnessy Market's standard deviation. In reality, there are many statistical measures that can use Oshaughnessy Market historical prices to predict the future Oshaughnessy Market's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | 0.0037 | |||
| Total Risk Alpha | 0.054 | |||
| Treynor Ratio | (0.12) |
Oshaughnessy Market Backtested Returns
Oshaughnessy Market maintains Sharpe Ratio (i.e., Efficiency) of -0.0866, which implies the entity had a -0.0866 % return per unit of risk over the last 3 months. Oshaughnessy Market exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oshaughnessy Market's Risk Adjusted Performance of (0.07), coefficient of variation of (1,155), and Variance of 0.9477 to confirm the risk estimate we provide. The fund holds a Beta of 0.77, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oshaughnessy Market's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oshaughnessy Market is expected to be smaller as well.
Auto-correlation | -0.69 |
Very good reverse predictability
Oshaughnessy Market Leaders has very good reverse predictability. Overlapping area represents the amount of predictability between Oshaughnessy Market time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Oshaughnessy Market price movement. The serial correlation of -0.69 indicates that around 69.0% of current Oshaughnessy Market price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Oshaughnessy Market lagged returns against current returns
Autocorrelation, which is Oshaughnessy Market 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 Oshaughnessy Market's mutual fund expected returns. We can calculate the autocorrelation of Oshaughnessy Market returns to help us make a trade decision. For example, suppose you find that Oshaughnessy Market 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 |
Oshaughnessy Market 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 Oshaughnessy Market mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oshaughnessy Market mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oshaughnessy Market mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oshaughnessy Market Lagged Returns
When evaluating Oshaughnessy Market's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oshaughnessy Market mutual fund have on its future price. Oshaughnessy Market 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, Oshaughnessy Market autocorrelation shows the relationship between Oshaughnessy Market mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oshaughnessy Market Leaders.
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 Oshaughnessy Mutual Fund
Oshaughnessy Market financial ratios help investors to determine whether Oshaughnessy 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 Oshaughnessy with respect to the benefits of owning Oshaughnessy Market security.
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