We consider Angel Oak very steady. Angel Oak Financials secures Sharpe Ratio (or Efficiency) of 0.1244 which signifies that the fund had 0.1244% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty technical indicators for Angel Oak Financials Income Fun which you can use to evaluate future volatility of the entity. Please confirm Angel Oak Financials Mean Deviation of 0.12 and Risk Adjusted Performance of 0.0685 to double-check if risk estimate we provide are consistent with the epected return of 0.0197%.
90 Days Market Risk
Chance of Distress in 24 months
90 Days Economic Sensitivity
Ignores market trends
|Horizon||30 Days Login to change|
Angel Oak Financials Technical Analysis
Angel Oak Projected Return Density Against MarketAssuming 30 trading days horizon, Angel Oak has beta of 0.0 . This suggests the returns on DOW and Angel Oak do not appear to be sensitive. Furthermore, It does not look like the company alpha can have any bearing on the equity current valuation.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Angel Oak is 803.84. The daily returns are destributed with a variance of 0.03 and standard deviation of 0.16. The mean deviation of Angel Oak Financials Income Fun is currently at 0.12. For similar time horizon, the selected benchmark (DOW) has volatility of 0.98
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|
Angel Oak Return Volatilitythe fund shows 0.1585% volatility of returns over 30 trading days. the entity inherits 0.9886% risk (volatility on return distribution) over the 30 days horizon.
Angel Oak Investment Opportunity
DOW has a standard deviation of returns of 0.99 and is 6.19 times more volatile than Angel Oak Financials Income Fun. 1 of all equities and portfolios are less risky than Angel Oak. Compared to the overall equity markets, volatility of historical daily returns of Angel Oak Financials Income Fun is lower than 1 () of all global equities and portfolios over the last 30 days.
Angel Oak Current Risk Indicators
|Risk Adjusted Performance||0.0685|
|Coefficient Of Variation||809.96|
Angel Oak Suggested Diversification Pairs