Oak Harvest Longshrt Fund Market Value
| OHFGX Fund | 11.49 0.07 0.61% |
| Symbol | Oak |
Oak Harvest '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 Oak Harvest'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 Oak Harvest.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Oak Harvest on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Oak Harvest Longshrt or generate 0.0% return on investment in Oak Harvest over 30 days. Oak Harvest is related to or competes with Great West, Gamco Global, T Rowe, Alger Midcap, Eaton Vance, and State Street. Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in equity securities of ... More
Oak Harvest 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 Oak Harvest'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 Oak Harvest Longshrt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5794 | |||
| Information Ratio | 0.0585 | |||
| Maximum Drawdown | 3.01 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.8865 |
Oak Harvest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oak Harvest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oak Harvest's standard deviation. In reality, there are many statistical measures that can use Oak Harvest historical prices to predict the future Oak Harvest's volatility.| Risk Adjusted Performance | 0.112 | |||
| Jensen Alpha | 0.0477 | |||
| Total Risk Alpha | 0.0423 | |||
| Sortino Ratio | 0.0509 | |||
| Treynor Ratio | 0.135 |
Oak Harvest Longshrt Backtested Returns
At this stage we consider Oak Mutual Fund to be very steady. Oak Harvest Longshrt maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oak Harvest Longshrt, which you can use to evaluate the volatility of the fund. Please check Oak Harvest's Semi Deviation of 0.4218, coefficient of variation of 678.57, and Risk Adjusted Performance of 0.112 to confirm if the risk estimate we provide is consistent with the expected return of 0.0777%. The fund holds a Beta of 0.48, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oak Harvest's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oak Harvest is expected to be smaller as well.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Oak Harvest Longshrt has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Oak Harvest time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Oak Harvest Longshrt price movement. The serial correlation of -0.74 indicates that around 74.0% of current Oak Harvest price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Oak Harvest Longshrt lagged returns against current returns
Autocorrelation, which is Oak Harvest 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 Oak Harvest's mutual fund expected returns. We can calculate the autocorrelation of Oak Harvest returns to help us make a trade decision. For example, suppose you find that Oak Harvest 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 |
Oak Harvest 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 Oak Harvest mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oak Harvest mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oak Harvest mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oak Harvest Lagged Returns
When evaluating Oak Harvest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oak Harvest mutual fund have on its future price. Oak Harvest 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, Oak Harvest autocorrelation shows the relationship between Oak Harvest mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oak Harvest Longshrt.
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 Oak Mutual Fund
Oak Harvest financial ratios help investors to determine whether Oak 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 Oak with respect to the benefits of owning Oak Harvest security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |