Holbrook Mutual Fund Market Value

HOBAX
 Fund
  

USD 10.06  0.00  0.00%   

Holbrook Income's market value is the price at which a share of Holbrook Income stock trades on a public exchange. It measures the collective expectations of Holbrook Income investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Holbrook Income and determine expected loss or profit from investing in Holbrook Income over a given investment horizon. Please check Holbrook Income Hype Analysis, Holbrook Income Correlation, Portfolio Optimization, Holbrook Income Volatility, as well as analyze Holbrook Income Alpha and Beta and Holbrook Income Performance.
Symbol
Backtest

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

Holbrook Income '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 Holbrook Income'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 Holbrook Income.
0.00
05/27/2022
No Change 0.00  0.0 
In 31 days
06/26/2022
0.00
If you would invest  0.00  in Holbrook Income on May 27, 2022 and sell it all today you would earn a total of 0.00 from holding Holbrook Income or generate 0.0% return on investment in Holbrook Income over 30 days. Holbrook Income is related to or competes with Caterpillar. The fund normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in a ...More

Holbrook Income 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 Holbrook Income'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 Holbrook Income upside and downside potential and time the market with a certain degree of confidence.

Holbrook Income Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Holbrook Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holbrook Income's standard deviation. In reality, there are many statistical measures that can use Holbrook Income historical prices to predict the future Holbrook Income's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Holbrook Income'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. Please use the tools below to analyze the current value of Holbrook Income in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.000.14
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.000.14
Details
Naive
Forecast
LowNext ValueHigh
9.9110.0510.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.0310.1110.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Holbrook Income. Your research has to be compared to or analyzed against Holbrook Income's peers to derive any actionable benefits. When done correctly, Holbrook Income's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Holbrook Income.

Holbrook Income Backtested Returns

Holbrook Income holds Efficiency (Sharpe) Ratio of -0.24, which attests that the entity had -0.24% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Holbrook Income exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Holbrook Income risk adjusted performance of (0.46), and Market Risk Adjusted Performance of (7.12) to validate the risk estimate we provide.
The fund retains a Market Volatility (i.e., Beta) of 0.0064, which attests to not very significant fluctuations relative to the market. Let's try to break down what Holbrook's beta means in this case. As returns on the market increase, Holbrook Income returns are expected to increase less than the market. However, during the bear market, the loss on holding Holbrook Income will be expected to be smaller as well. Even though it is essential to pay attention to Holbrook Income current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Holbrook Income exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.36  

Poor reverse predictability

Holbrook Income has poor reverse predictability. Overlapping area represents the amount of predictability between Holbrook Income time series from 27th of May 2022 to 11th of June 2022 and 11th of June 2022 to 26th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Holbrook Income price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Holbrook Income price fluctuation can be explain by its past prices.
Correlation Coefficient-0.36
Spearman Rank Test-0.59
Residual Average0.0
Price Variance0.0

Holbrook Income lagged returns against current returns

Autocorrelation, which is Holbrook Income 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 Holbrook Income's mutual fund expected returns. We can calculate the autocorrelation of Holbrook Income returns to help us make a trade decision. For example, suppose you find that Holbrook Income mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

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

Holbrook Income Lagged Returns

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

Holbrook Income Investors Sentiment

The influence of Holbrook Income's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Holbrook. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Holbrook Income 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, Holbrook Income's short interest history, or implied volatility extrapolated from Holbrook Income options trading.

Current Sentiment - HOBAX

Holbrook Income Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Holbrook Income. What is your judgment towards investing in Holbrook Income? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Holbrook Income using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Holbrook Income Hype Analysis, Holbrook Income Correlation, Portfolio Optimization, Holbrook Income Volatility, as well as analyze Holbrook Income Alpha and Beta and Holbrook Income Performance. Note that the Holbrook Income information on this page should be used as a complementary analysis to other Holbrook Income'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Holbrook Mutual Fund analysis

When running Holbrook Income price analysis, check to measure Holbrook Income'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 Holbrook Income is operating at the current time. Most of Holbrook Income's value examination focuses on studying past and present price action to predict the probability of Holbrook Income's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Holbrook Income's price. Additionally, you may evaluate how the addition of Holbrook Income to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Holbrook Income 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, stock market cycles, or different charting patterns.
A focus of Holbrook Income technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Holbrook Income 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...