Oakhurst Short Duration Fund Market Value
| OHSDX Fund | USD 9.44 0.01 0.11% |
| Symbol | Oakhurst |
Oakhurst Short '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 Short'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 Short.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Oakhurst Short on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Oakhurst Short Duration or generate 0.0% return on investment in Oakhurst Short over 180 days. Oakhurst Short is related to or competes with Pace Smallmedium, T Rowe, Qs Moderate, Praxis Growth, Vy Baron, and Vy Baron. Normally, the fund will invest at least 80 percent of its net assets in investment grade bonds More
Oakhurst Short 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 Short'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 Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 0.5269 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.2107 |
Oakhurst Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakhurst Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakhurst Short's standard deviation. In reality, there are many statistical measures that can use Oakhurst Short historical prices to predict the future Oakhurst Short's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oakhurst Short'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.
Oakhurst Short Duration Backtested Returns
Oakhurst Short Duration maintains Sharpe Ratio (i.e., Efficiency) of -0.0727, which implies the entity had a -0.0727% return per unit of risk over the last 3 months. Oakhurst Short Duration exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oakhurst Short's Risk Adjusted Performance of (0.12), coefficient of variation of (1,387), and Variance of 0.0121 to confirm the risk estimate we provide. The fund holds a Beta of 0.0279, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oakhurst Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oakhurst Short is expected to be smaller as well.
Auto-correlation | -0.23 |
Weak reverse predictability
Oakhurst Short Duration has weak reverse predictability. Overlapping area represents the amount of predictability between Oakhurst Short time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 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 Short Duration price movement. The serial correlation of -0.23 indicates that over 23.0% of current Oakhurst Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oakhurst Short Duration lagged returns against current returns
Autocorrelation, which is Oakhurst Short 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 Short's mutual fund expected returns. We can calculate the autocorrelation of Oakhurst Short returns to help us make a trade decision. For example, suppose you find that Oakhurst Short 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 Short 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 Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oakhurst Short 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 Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oakhurst Short Lagged Returns
When evaluating Oakhurst Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oakhurst Short mutual fund have on its future price. Oakhurst Short 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 Short autocorrelation shows the relationship between Oakhurst Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oakhurst Short Duration.
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 Short 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 Short security.
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