Red Oak Technology Fund Market Value

ROGSX Fund  USD 43.20  1.04  2.35%   
Red Oak's market value is the price at which a share of Red Oak trades on a public exchange. It measures the collective expectations of Red Oak Technology investors about its performance. Red Oak is trading at 43.20 as of the 16th of March 2025; that is 2.35 percent decrease since the beginning of the trading day. The fund's open price was 44.24.
With this module, you can estimate the performance of a buy and hold strategy of Red Oak Technology and determine expected loss or profit from investing in Red Oak over a given investment horizon. Check out Red Oak Correlation, Red Oak Volatility and Red Oak Alpha and Beta module to complement your research on Red Oak.
Symbol

Please note, there is a significant difference between Red Oak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Oak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Oak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Red Oak '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 Red Oak'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 Red Oak.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Red Oak on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Red Oak Technology or generate 0.0% return on investment in Red Oak over 90 days. Red Oak is related to or competes with Pin Oak, White Oak, Black Oak, Berkshire Focus, and Janus Global. The fund will invest at least 80 percent of its net assets, under normal circumstances, in equity securities of companie... More

Red Oak 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 Red Oak'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 Red Oak Technology upside and downside potential and time the market with a certain degree of confidence.

Red Oak Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Red Oak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Red Oak's standard deviation. In reality, there are many statistical measures that can use Red Oak historical prices to predict the future Red Oak's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Red Oak'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.
Hype
Prediction
LowEstimatedHigh
41.5843.2244.86
Details
Intrinsic
Valuation
LowRealHigh
38.9340.5747.52
Details
Naive
Forecast
LowNextHigh
42.1443.7845.43
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
43.1247.1851.24
Details

Red Oak Technology Backtested Returns

Red Oak Technology 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. Red Oak Technology exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Red Oak's Variance of 2.47, risk adjusted performance of (0.10), and Coefficient Of Variation of (797.41) to confirm the risk estimate we provide. The fund holds a Beta of -0.3, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Red Oak are expected to decrease at a much lower rate. During the bear market, Red Oak is likely to outperform the market.

Auto-correlation

    
  -0.03  

Very weak reverse predictability

Red Oak Technology has very weak reverse predictability. Overlapping area represents the amount of predictability between Red Oak time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Red Oak Technology price movement. The serial correlation of -0.03 indicates that only 3.0% of current Red Oak price fluctuation can be explain by its past prices.
Correlation Coefficient-0.03
Spearman Rank Test-0.11
Residual Average0.0
Price Variance4.93

Red Oak Technology lagged returns against current returns

Autocorrelation, which is Red Oak 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 Red Oak's mutual fund expected returns. We can calculate the autocorrelation of Red Oak returns to help us make a trade decision. For example, suppose you find that Red Oak 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  

Red Oak 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 Red Oak mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Red Oak mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Red Oak mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Red Oak Lagged Returns

When evaluating Red Oak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Red Oak mutual fund have on its future price. Red Oak 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, Red Oak autocorrelation shows the relationship between Red Oak mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Red Oak Technology.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Red Mutual Fund

Red Oak financial ratios help investors to determine whether Red 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 Red with respect to the benefits of owning Red Oak security.
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