One Rock Fund Market Value
| ONERX Fund | USD 44.73 10.42 18.89% |
| Symbol | One |
One Rock '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 One Rock'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 One Rock.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in One Rock on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding One Rock Fund or generate 0.0% return on investment in One Rock over 720 days. One Rock is related to or competes with Fidelity Capital, Prudential Floating, Ashmore Emerging, Q3 All, Vanguard 500, Artisan Developing, and Sentinel Mon. To achieve the funds investment objectives, the Adviser invests primarily in publicly traded common stocks of any capita... More
One Rock 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 One Rock'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 One Rock Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.1833 | |||
| Maximum Drawdown | 11.53 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.93 |
One Rock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for One Rock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as One Rock's standard deviation. In reality, there are many statistical measures that can use One Rock historical prices to predict the future One Rock's volatility.| Risk Adjusted Performance | 0.1742 | |||
| Jensen Alpha | 0.3775 | |||
| Total Risk Alpha | 0.2803 | |||
| Sortino Ratio | 0.1756 | |||
| Treynor Ratio | 5.28 |
One Rock Fund Backtested Returns
At this stage we consider One Mutual Fund to be very steady. One Rock Fund maintains Sharpe Ratio (i.e., Efficiency) of 0.0306, which implies the entity had a 0.0306% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for One Rock Fund, which you can use to evaluate the volatility of the fund. Please check One Rock's Coefficient Of Variation of 471.27, semi deviation of 1.57, and Risk Adjusted Performance of 0.1742 to confirm if the risk estimate we provide is consistent with the expected return of 0.0947%. The fund holds a Beta of 0.0721, which implies not very significant fluctuations relative to the market. As returns on the market increase, One Rock's returns are expected to increase less than the market. However, during the bear market, the loss of holding One Rock is expected to be smaller as well.
Auto-correlation | 0.80 |
Very good predictability
One Rock Fund has very good predictability. Overlapping area represents the amount of predictability between One Rock time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 One Rock Fund price movement. The serial correlation of 0.8 indicates that around 80.0% of current One Rock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 28.02 |
One Rock Fund lagged returns against current returns
Autocorrelation, which is One Rock 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 One Rock's mutual fund expected returns. We can calculate the autocorrelation of One Rock returns to help us make a trade decision. For example, suppose you find that One Rock 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 |
One Rock 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 One Rock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if One Rock mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in One Rock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
One Rock Lagged Returns
When evaluating One Rock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of One Rock mutual fund have on its future price. One Rock 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, One Rock autocorrelation shows the relationship between One Rock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in One Rock Fund.
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 One Mutual Fund
One Rock financial ratios help investors to determine whether One 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 One with respect to the benefits of owning One Rock security.
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