Oakmark Mutual Fund Market Value

OAKLX
 Fund
  

USD 52.64  1.90  3.74%   

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

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

Oakmark Select '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 Oakmark Select'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 Oakmark Select.
0.00
07/07/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
06/27/2022
0.00
If you would invest  0.00  in Oakmark Select on July 7, 2020 and sell it all today you would earn a total of 0.00 from holding Oakmark Select or generate 0.0% return on investment in Oakmark Select over 720 days. The fund invests primarily in common stocks of U.SMore

Oakmark Select 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 Oakmark Select'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 Oakmark Select upside and downside potential and time the market with a certain degree of confidence.

Oakmark Select Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakmark Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakmark Select's standard deviation. In reality, there are many statistical measures that can use Oakmark Select historical prices to predict the future Oakmark Select's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Oakmark Select'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 Oakmark Select in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
50.9752.8954.81
Details
Intrinsic
Valuation
LowReal ValueHigh
51.4853.4055.32
Details
Naive
Forecast
LowNext ValueHigh
48.9150.8352.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
52.5555.0157.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Oakmark Select. Your research has to be compared to or analyzed against Oakmark Select's peers to derive any actionable benefits. When done correctly, Oakmark Select'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 Oakmark Select.

Oakmark Select Backtested Returns

Oakmark Select maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the entity had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting 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. Oakmark Select exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Oakmark Select coefficient of variation of (870.59), and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide.
The fund holds a Beta of 1.2215, which implies a somewhat significant risk relative to the market. Let's try to break down what Oakmark's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Oakmark Select will likely underperform. Even though it is essential to pay attention to Oakmark Select current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting 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. Oakmark Select exposes twenty-six different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.63  

Very good reverse predictability

Oakmark Select has very good reverse predictability. Overlapping area represents the amount of predictability between Oakmark Select time series from 7th of July 2020 to 2nd of July 2021 and 2nd of July 2021 to 27th 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 Oakmark Select price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Oakmark Select price fluctuation can be explain by its past prices.
Correlation Coefficient-0.63
Spearman Rank Test-0.45
Residual Average0.0
Price Variance12.74

Oakmark Select lagged returns against current returns

Autocorrelation, which is Oakmark Select 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 Oakmark Select's mutual fund expected returns. We can calculate the autocorrelation of Oakmark Select returns to help us make a trade decision. For example, suppose you find that Oakmark Select 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 
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      Timeline 

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

Oakmark Select Lagged Returns

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

Oakmark Select Investors Sentiment

The influence of Oakmark Select'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 Oakmark. 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 Oakmark Select 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, Oakmark Select's short interest history, or implied volatility extrapolated from Oakmark Select options trading.

Current Sentiment - OAKLX

Oakmark Select Investor Sentiment

Most of Macroaxis users are now bullish on Oakmark Select. What is your perspective on investing in Oakmark Select? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Oakmark Select 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.

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Please check Oakmark Select Hype Analysis, Oakmark Select Correlation, Portfolio Optimization, Oakmark Select Volatility, as well as analyze Oakmark Select Alpha and Beta and Oakmark Select Performance. Note that the Oakmark Select information on this page should be used as a complementary analysis to other Oakmark Select'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Oakmark Mutual Fund analysis

When running Oakmark Select price analysis, check to measure Oakmark Select'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 Oakmark Select is operating at the current time. Most of Oakmark Select's value examination focuses on studying past and present price action to predict the probability of Oakmark Select's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oakmark Select's price. Additionally, you may evaluate how the addition of Oakmark Select to your portfolios can decrease your overall portfolio volatility.
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Oakmark Select 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 Oakmark Select technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oakmark Select 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...