Olstein All Cap Fund Quote

OFAFX Fund  USD 28.33  0.47  1.69%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
Olstein All is trading at 28.33 as of the 28th of March 2024; that is 1.69 percent up since the beginning of the trading day. The fund's open price was 27.86. Olstein All has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Olstein All Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2022 and ending today, the 28th of March 2024. Click here to learn more.
The fund seeks to achieve its objectives by investing primarily in a diversified portfolio of common stocks that the funds investment adviser, Olstein Capital Management, L.P. , believes are significantly undervalued. It will invest in companies without regard to whether they are conventionally categorized as small, medium, or large capitalization or whether they are characterized as growth, value, cyclical, or any other category.. More on Olstein All Cap

Moving together with Olstein Mutual Fund

  0.81USG USCF Gold Strategy Symbol ChangePairCorr
  1.0OFALX Olstein All CapPairCorr
  1.0OFAVX Olstein All CapPairCorr
  0.66OFSCX Olstein StrategicPairCorr
  0.68OFSAX Olstein StrategicPairCorr
  0.61OFSFX Olstein StrategicPairCorr

Olstein 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. Olstein All's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Olstein All or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationOlstein Funds, Large Funds, Large Value Funds, Large Value, Olstein (View all Sectors)
Update Date31st of March 2024
Olstein All Cap [OFAFX] is traded in USA and was established 28th of March 2024. Olstein All is listed under Olstein category by Fama And French industry classification. The fund is listed under Large Value category and is part of Olstein family. This fund now has accumulated 681.17 M in assets with minimum initial investment of 1 K. Olstein All Cap is currently producing year-to-date (YTD) return of 5.65% with the current yeild of 0.01%, while the total return for the last 3 years was 2.06%.
Check Olstein All 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 Olstein 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 Olstein 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 Olstein All Cap 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 Olstein All Cap Mutual Fund Constituents

WCCWESCO InternationalStockIndustrials
CSCOCisco SystemsStockInformation Technology
WDCWestern DigitalStockInformation Technology
ZBRAZebra TechnologiesStockInformation Technology
GLWCorning IncorporatedStockInformation Technology
DISWalt DisneyStockCommunication Services
IVZInvesco PlcStockFinancials
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Olstein All Target Price Odds Analysis

Based on a normal probability distribution, the odds of Olstein All jumping above the current price in 90 days from now is near 1%. The Olstein All Cap probability density function shows the probability of Olstein All mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Olstein All Cap has a beta of -0.1306. This indicates as returns on benchmark increase, returns on holding Olstein All are expected to decrease at a much lower rate. During the bear market, however, Olstein All Cap is likely to outperform the market. Additionally, olstein All Cap has an alpha of 0.1143, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 28.33HorizonTargetOdds Above 28.33
99.63%90 days
 28.33 
0.36%
Based on a normal probability distribution, the odds of Olstein All to move above the current price in 90 days from now is near 1 (This Olstein All Cap probability density function shows the probability of Olstein Mutual Fund to fall within a particular range of prices over 90 days) .

Olstein All Cap Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Olstein All market risk premium is the additional return an investor will receive from holding Olstein All 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 Olstein All. 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 Olstein All's alpha and beta are two of the key measurements used to evaluate Olstein All's performance over the market, the standard measures of volatility play an important role as well.

Olstein All Against Markets

Picking the right benchmark for Olstein All 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 Olstein All 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 Olstein All is critical whether you are bullish or bearish towards Olstein All Cap at a given time. Please also check how Olstein All'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 Olstein All 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.

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How to buy Olstein Mutual Fund?

Before investing in Olstein All, 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 Olstein All. To buy Olstein All fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Olstein All. 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 Olstein All fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Olstein All Cap 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 Olstein All Cap 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 Olstein All Cap, 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 Olstein All Cap?

The danger of trading Olstein All Cap 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 Olstein All 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 Olstein All. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Olstein All Cap 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 Olstein All Cap. 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 census.
Note that the Olstein All Cap information on this page should be used as a complementary analysis to other Olstein All'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Olstein All's price analysis, check to measure Olstein All'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 Olstein All is operating at the current time. Most of Olstein All's value examination focuses on studying past and present price action to predict the probability of Olstein All's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olstein All's price. Additionally, you may evaluate how the addition of Olstein All to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Olstein All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olstein All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olstein All'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.