Red Oak Technology Fund Quote
| ROGSX Fund | USD 43.51 0.60 1.36% |
Performance12 of 100
| Odds Of DistressLess than 20
|
Red Oak is trading at 43.51 as of the 16th of April 2024; that is -1.36 percent decrease since the beginning of the trading day. The fund's open price was 44.11. Red Oak has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Red Oak Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets, under normal circumstances, in equity securities of companies operating in the technology sector, as determined by the Adviser. It invests primarily in common stocks of U.S. companies, but may, to a lesser extent, invest in equity REITs, common stocks of foreign companies and American Depositary Receipts that meet the investment criteria of the fund.. More on Red Oak Technology
Moving against Red Mutual Fund
| 0.85 | DLPX | Delphax Technologies | PairCorr |
| 0.81 | ELCO | Elcom International | PairCorr |
| 0.78 | DMAN | Innovativ Media Group | PairCorr |
| 0.78 | SBIGW | SpringBig Holdings | PairCorr |
| 0.76 | CETXP | Cemtrex Pref | PairCorr |
| 0.72 | NOGWQ | Nogin Inc | PairCorr |
| 0.65 | WETH | Wetouch Technology Common | PairCorr |
Red Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Red Oak's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Red Oak or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Fund Concentration | Oak Associates Funds, Large Growth Funds, Technology Funds, Tech Funds, Tech Growth Funds, Technology, Oak Associates, Large Growth, Technology (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Red Oak Technology [ROGSX] is traded in USA and was established 16th of April 2024. Red Oak is listed under Oak Associates category by Fama And French industry classification. The fund is listed under Technology category and is part of Oak Associates family. The entity is thematically classified as Tech Funds. This fund at this time has accumulated 529.55 M in assets with minimum initial investment of 2 K. Red Oak Technology is currently producing year-to-date (YTD) return of 12.04% with the current yeild of 0.0%, while the total return for the last 3 years was 8.6%.
Check Red Oak Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Red Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Red Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Red Oak Technology Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Red Oak Technology Mutual Fund Constituents
| KLAC | KLA Tencor | Stock | Information Technology |
| SWKS | Skyworks Solutions | Stock | Information Technology |
| SNPS | Synopsys | Stock | Information Technology |
| ORCL | Oracle | Stock | Information Technology |
| MSFT | Microsoft | Stock | Information Technology |
| AAPL | Apple Inc | Stock | Information Technology |
| INTC | Intel | Stock | Information Technology |
Red Oak Target Price Odds Analysis
Based on a normal probability distribution, the odds of Red Oak jumping above the current price in 90 days from now is about 34.38%. The Red Oak Technology probability density function shows the probability of Red Oak mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1708 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Red Oak will likely underperform. Additionally, red Oak Technology has an alpha of 0.1106, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Red Oak to move above the current price in 90 days from now is about 34.38 (This Red Oak Technology probability density function shows the probability of Red Mutual Fund to fall within a particular range of prices over 90 days) .
Red Oak Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Red Oak market risk premium is the additional return an investor will receive from holding Red Oak long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Red Oak. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Red Oak's alpha and beta are two of the key measurements used to evaluate Red Oak's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8768 | |||
| Semi Deviation | 0.8213 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.29 |
Red Oak Against Markets
Picking the right benchmark for Red Oak mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Red Oak mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Red Oak is critical whether you are bullish or bearish towards Red Oak Technology at a given time. Please also check how Red Oak's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Red Oak without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Red Mutual Fund?
Before investing in Red Oak, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Red Oak. To buy Red Oak fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Red Oak. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Red Oak fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Red Oak Technology fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Red Oak Technology fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Red Oak Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Red Oak Technology?
The danger of trading Red Oak Technology is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Red Oak is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Red Oak. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Red Oak Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Oak Technology. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.