Oakhurst Strategic Defined Fund Market Value
| OASDX Fund | USD 11.74 0.11 0.95% |
| Symbol | Oakhurst |
Oakhurst Strategic '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 Oakhurst Strategic'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 Oakhurst Strategic.
| 04/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in Oakhurst Strategic on April 4, 2024 and sell it all today you would earn a total of 0.00 from holding Oakhurst Strategic Defined or generate 0.0% return on investment in Oakhurst Strategic over 30 days. Oakhurst Strategic is related to or competes with Cardinal Small, Smallcap Growth, Siit Small, Touchstone Small, and Vy Columbia. Under normal circumstances, the fund invests in a portfolio of equity securities of companies that are representative of... More
Oakhurst Strategic 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 Oakhurst Strategic'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 Oakhurst Strategic Defined upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5052 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.51 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.6124 |
Oakhurst Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakhurst Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakhurst Strategic's standard deviation. In reality, there are many statistical measures that can use Oakhurst Strategic historical prices to predict the future Oakhurst Strategic's volatility.| Risk Adjusted Performance | 0.0395 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0347 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oakhurst Strategic'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.
Oakhurst Strategic Backtested Returns
We consider Oakhurst Strategic very steady. Oakhurst Strategic maintains Sharpe Ratio (i.e., Efficiency) of 0.0937, which implies the entity had a 0.0937% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oakhurst Strategic, which you can use to evaluate the volatility of the fund. Please check Oakhurst Strategic's Risk Adjusted Performance of 0.0395, coefficient of variation of 1514.43, and Semi Deviation of 0.4365 to confirm if the risk estimate we provide is consistent with the expected return of 0.045%. The fund holds a Beta of 0.66, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oakhurst Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oakhurst Strategic is expected to be smaller as well.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Oakhurst Strategic Defined has insignificant reverse predictability. Overlapping area represents the amount of predictability between Oakhurst Strategic time series from 4th of April 2024 to 19th of April 2024 and 19th of April 2024 to 4th of May 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 Oakhurst Strategic price movement. The serial correlation of -0.17 indicates that over 17.0% of current Oakhurst Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Oakhurst Strategic lagged returns against current returns
Autocorrelation, which is Oakhurst Strategic 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 Oakhurst Strategic's mutual fund expected returns. We can calculate the autocorrelation of Oakhurst Strategic returns to help us make a trade decision. For example, suppose you find that Oakhurst Strategic 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 |
Oakhurst Strategic 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 Oakhurst Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oakhurst Strategic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oakhurst Strategic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Oakhurst Strategic Lagged Returns
When evaluating Oakhurst Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oakhurst Strategic mutual fund have on its future price. Oakhurst Strategic 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, Oakhurst Strategic autocorrelation shows the relationship between Oakhurst Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oakhurst Strategic Defined.
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 Oakhurst Strategic 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, Oakhurst Strategic's short interest history, or implied volatility extrapolated from Oakhurst Strategic options trading.
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Oakhurst Strategic 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.