Oak Ridge Small Fund Market Value
| ORIYX Fund | USD 10.11 0.24 2.43% |
| Symbol | Oak |
Oak Ridge '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 Ridge'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 Ridge.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Oak Ridge on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Oak Ridge Small or generate 0.0% return on investment in Oak Ridge over 90 days. Oak Ridge is related to or competes with Scharf Global, Eic Value, Gmo Quality, Cardinal Small, Boyd Watterson, Locorr Long/short, and Vanguard Intermediate-ter. The fund is considered a fund of funds that invests primarily in affiliated mutual funds managed by the Adviser and its ... More
Oak Ridge 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 Ridge'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 Ridge Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 1.39 |
Oak Ridge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oak Ridge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oak Ridge's standard deviation. In reality, there are many statistical measures that can use Oak Ridge historical prices to predict the future Oak Ridge's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 1.43 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oak Ridge'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.
Oak Ridge Small Backtested Returns
Oak Ridge Small maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the entity had a -0.16 % return per unit of risk over the last 3 months. Oak Ridge Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oak Ridge's Risk Adjusted Performance of (0.18), variance of 1.32, and Coefficient Of Variation of (468.56) to confirm the risk estimate we provide. The fund holds a Beta of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Oak Ridge are expected to decrease at a much lower rate. During the bear market, Oak Ridge is likely to outperform the market.
Auto-correlation | -0.51 |
Good reverse predictability
Oak Ridge Small has good reverse predictability. Overlapping area represents the amount of predictability between Oak Ridge time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Oak Ridge Small price movement. The serial correlation of -0.51 indicates that about 51.0% of current Oak Ridge price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Oak Ridge Small lagged returns against current returns
Autocorrelation, which is Oak Ridge 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 Ridge's mutual fund expected returns. We can calculate the autocorrelation of Oak Ridge returns to help us make a trade decision. For example, suppose you find that Oak Ridge 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 Ridge 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 Ridge mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oak Ridge 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 Ridge mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oak Ridge Lagged Returns
When evaluating Oak Ridge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oak Ridge mutual fund have on its future price. Oak Ridge 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 Ridge autocorrelation shows the relationship between Oak Ridge mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oak Ridge Small.
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 Ridge 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 Ridge security.
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