Beck Mack Oliver Fund Market Value

BMPEX Fund  USD 24.15  0.08  0.33%   
Beck Mack's market value is the price at which a share of Beck Mack trades on a public exchange. It measures the collective expectations of Beck Mack Oliver investors about its performance. Beck Mack is trading at 24.15 as of the 28th of March 2024; that is 0.33 percent increase since the beginning of the trading day. The fund's open price was 24.07.
With this module, you can estimate the performance of a buy and hold strategy of Beck Mack Oliver and determine expected loss or profit from investing in Beck Mack over a given investment horizon. Check out Beck Mack Correlation, Beck Mack Volatility and Beck Mack Alpha and Beta module to complement your research on Beck Mack.
Symbol

Please note, there is a significant difference between Beck Mack's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beck Mack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beck Mack'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.

Beck Mack '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 Beck Mack'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 Beck Mack.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Beck Mack on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Beck Mack Oliver or generate 0.0% return on investment in Beck Mack over 30 days. Beck Mack is related to or competes with State Farm, Vanguard Lifestrategy, Vanguard Treasury, Morningstar Unconstrained, Schwab Sp, Vanguard Tax-managed, and Vanguard Small-cap. The fund invests primarily in a portfolio of common stocks and securities convertible into or exercisable for common sto... More

Beck Mack 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 Beck Mack'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 Beck Mack Oliver upside and downside potential and time the market with a certain degree of confidence.

Beck Mack Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Beck Mack's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beck Mack's standard deviation. In reality, there are many statistical measures that can use Beck Mack historical prices to predict the future Beck Mack's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beck Mack'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
23.2424.0724.90
Details
Intrinsic
Valuation
LowRealHigh
22.8823.7124.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beck Mack. Your research has to be compared to or analyzed against Beck Mack's peers to derive any actionable benefits. When done correctly, Beck Mack's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Beck Mack Oliver.

Beck Mack Oliver Backtested Returns

We consider Beck Mack very steady. Beck Mack Oliver secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Beck Mack Oliver, which you can use to evaluate the volatility of the entity. Please confirm Beck Mack's risk adjusted performance of 0.1153, and Mean Deviation of 0.6239 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund shows a Beta (market volatility) of 1.29, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Beck Mack will likely underperform.

Auto-correlation

    
  0.24  

Weak predictability

Beck Mack Oliver has weak predictability. Overlapping area represents the amount of predictability between Beck Mack time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Beck Mack Oliver price movement. The serial correlation of 0.24 indicates that over 24.0% of current Beck Mack price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.31
Residual Average0.0
Price Variance0.12

Beck Mack Oliver lagged returns against current returns

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

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

Beck Mack Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Beck Mack in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Beck Mack's short interest history, or implied volatility extrapolated from Beck Mack options trading.

Pair Trading with Beck Mack

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Beck Mack position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Beck Mack will appreciate offsetting losses from the drop in the long position's value.

Moving together with Beck Mutual Fund

  0.99STFGX State Farm GrowthPairCorr
  0.98VTSAX Vanguard Total StockPairCorr
  0.97VFIAX Vanguard 500 IndexPairCorr
  0.98VTSMX Vanguard Total StockPairCorr
The ability to find closely correlated positions to Beck Mack could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beck Mack when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Beck Mack - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Beck Mack Oliver to buy it.
The correlation of Beck Mack is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Beck Mack moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beck Mack Oliver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Beck Mack can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Beck Mack Correlation, Beck Mack Volatility and Beck Mack Alpha and Beta module to complement your research on Beck Mack.
Note that the Beck Mack Oliver information on this page should be used as a complementary analysis to other Beck Mack's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Beck Mack's price analysis, check to measure Beck Mack's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Beck Mack is operating at the current time. Most of Beck Mack's value examination focuses on studying past and present price action to predict the probability of Beck Mack's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beck Mack's price. Additionally, you may evaluate how the addition of Beck Mack to your portfolios can decrease your overall portfolio volatility.
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A focus of Beck Mack technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Beck Mack trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...