Red Oak Technology Fund Market Value
| ROGSX Fund | USD 43.92 0.34 0.77% |
| Symbol | Red |
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.
| 12/29/2024 |
| 03/29/2025 |
If you would invest 0.00 in Red Oak on December 29, 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.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.47 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 1.69 |
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.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 1.99 |
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.
Red Oak Technology Backtested Returns
Red Oak Technology maintains Sharpe Ratio (i.e., Efficiency) of -0.0786, which implies the entity had a -0.0786 % return per unit of risk over the last 3 months. Red Oak Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Red Oak's Coefficient Of Variation of (1,003), variance of 2.51, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The fund holds a Beta of -0.0844, which implies not very significant fluctuations relative to the market. 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 | -0.68 |
Very good reverse predictability
Red Oak Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Red Oak time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th 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 -0.68 indicates that around 68.0% of current Red Oak price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 4.86 |
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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