Oakmark Fund Investor Fund Market Value
| OAKMX Fund | USD 141.40 1.51 1.08% |
| Symbol | Oakmark |
Oakmark Fund '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 Oakmark Fund'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 Oakmark Fund.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Oakmark Fund on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Oakmark Fund Investor or generate 0.0% return on investment in Oakmark Fund over 720 days. Oakmark Fund is related to or competes with Oakmark International, Oakmark Global, Oakmark Equity, and Oakmark International. The fund invests primarily in a diversified portfolio of common stocks of U.S More
Oakmark Fund 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 Oakmark Fund'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 Oakmark Fund Investor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.822 | |||
| Information Ratio | 0.0582 | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.18 |
Oakmark Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakmark Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakmark Fund's standard deviation. In reality, there are many statistical measures that can use Oakmark Fund historical prices to predict the future Oakmark Fund's volatility.| Risk Adjusted Performance | 0.1099 | |||
| Jensen Alpha | 0.0358 | |||
| Total Risk Alpha | 0.0288 | |||
| Sortino Ratio | 0.0507 | |||
| Treynor Ratio | 0.1086 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oakmark Fund'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.
Oakmark Fund Investor Backtested Returns
We consider Oakmark Fund very steady. Oakmark Fund Investor 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. We have found twenty-seven technical indicators for Oakmark Fund Investor, which you can use to evaluate the volatility of the fund. Please check Oakmark Fund's Risk Adjusted Performance of 0.1099, semi deviation of 0.6095, and Coefficient Of Variation of 564.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The fund holds a Beta of 1.08, which implies a somewhat significant risk relative to the market. Oakmark Fund returns are very sensitive to returns on the market. As the market goes up or down, Oakmark Fund is expected to follow.
Auto-correlation | 0.58 |
Modest predictability
Oakmark Fund Investor has modest predictability. Overlapping area represents the amount of predictability between Oakmark Fund time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 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 Oakmark Fund Investor price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Oakmark Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 100.77 |
Oakmark Fund Investor lagged returns against current returns
Autocorrelation, which is Oakmark Fund 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 Oakmark Fund's mutual fund expected returns. We can calculate the autocorrelation of Oakmark Fund returns to help us make a trade decision. For example, suppose you find that Oakmark Fund 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 |
Oakmark Fund 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 Oakmark Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oakmark Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oakmark Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oakmark Fund Lagged Returns
When evaluating Oakmark Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oakmark Fund mutual fund have on its future price. Oakmark Fund 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, Oakmark Fund autocorrelation shows the relationship between Oakmark Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oakmark Fund Investor.
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 Oakmark Fund 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, Oakmark Fund's short interest history, or implied volatility extrapolated from Oakmark Fund options trading.
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Oakmark Fund technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.