Oakhurst Fixed Income Fund Market Value
| OHFIX Fund | USD 8.69 0.03 0.35% |
| Symbol | Oakhurst |
Oakhurst Fixed '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 Oakhurst Fixed'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 Oakhurst Fixed.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Oakhurst Fixed on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Oakhurst Fixed Income or generate 0.0% return on investment in Oakhurst Fixed over 30 days. Oakhurst Fixed is related to or competes with Aqr Diversified, Global Diversified, Wealthbuilder Conservative, Fulcrum Diversified, Fidelity Advisor, Jpmorgan Diversified, and Blackrock Conservative. Normally, the fund will invest at least 80 percent of its net assets in investment grade fixed-income securities More
Oakhurst Fixed 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 Oakhurst Fixed'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 Oakhurst Fixed Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 1.49 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.4545 |
Oakhurst Fixed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakhurst Fixed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakhurst Fixed's standard deviation. In reality, there are many statistical measures that can use Oakhurst Fixed historical prices to predict the future Oakhurst Fixed's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (1.18) |
Oakhurst Fixed Income Backtested Returns
Oakhurst Fixed Income 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. Oakhurst Fixed Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oakhurst Fixed's Coefficient Of Variation of (713.79), variance of 0.0921, and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The fund holds a Beta of 0.0445, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oakhurst Fixed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oakhurst Fixed is expected to be smaller as well.
Auto-correlation | -0.9 |
Excellent reverse predictability
Oakhurst Fixed Income has excellent reverse predictability. Overlapping area represents the amount of predictability between Oakhurst Fixed time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Oakhurst Fixed Income price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Oakhurst Fixed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oakhurst Fixed Income lagged returns against current returns
Autocorrelation, which is Oakhurst Fixed 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 Oakhurst Fixed's mutual fund expected returns. We can calculate the autocorrelation of Oakhurst Fixed returns to help us make a trade decision. For example, suppose you find that Oakhurst Fixed 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 |
Oakhurst Fixed 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 Oakhurst Fixed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oakhurst Fixed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oakhurst Fixed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oakhurst Fixed Lagged Returns
When evaluating Oakhurst Fixed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oakhurst Fixed mutual fund have on its future price. Oakhurst Fixed 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, Oakhurst Fixed autocorrelation shows the relationship between Oakhurst Fixed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oakhurst Fixed Income.
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 Oakhurst Mutual Fund
Oakhurst Fixed financial ratios help investors to determine whether Oakhurst 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 Oakhurst with respect to the benefits of owning Oakhurst Fixed security.
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