Oakmark Mutual Fund Market Value

OAZMX
 Fund
  

USD 108.44  0.11  0.10%   

Oakmark Fund's market value is the price at which a share of Oakmark Fund stock trades on a public exchange. It measures the collective expectations of Oakmark Fund R6 investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Oakmark Fund R6 and determine expected loss or profit from investing in Oakmark Fund over a given investment horizon. Please check Oakmark Fund Correlation, Oakmark Fund Volatility and Oakmark Fund Alpha and Beta module to complement your research on Oakmark Fund.
Symbol

Please note, there is a significant difference between Oakmark Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine Oakmark Fund value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oakmark Fund'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 Fund '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 Fund'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 Fund.
0.00
12/07/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/27/2022
0.00
If you would invest  0.00  in Oakmark Fund on December 7, 2020 and sell it all today you would earn a total of 0.00 from holding Oakmark Fund R6 or generate 0.0% return on investment in Oakmark Fund over 720 days. Oakmark Fund is related to or competes with American Mutual. The fund invests primarily in a diversified portfolio of common stocks of U.S More

Oakmark Fund 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 Fund'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 Fund R6 upside and downside potential and time the market with a certain degree of confidence.

Oakmark Fund Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oakmark Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oakmark Fund's standard deviation. In reality, there are many statistical measures that can use Oakmark Fund historical prices to predict the future Oakmark Fund'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 Fund'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 Fund in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
106.63108.44110.25
Details
Intrinsic
Valuation
LowReal ValueHigh
102.83104.64119.28
Details
Naive
Forecast
LowNext ValueHigh
108.98110.79112.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
99.89104.97110.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Oakmark Fund. Your research has to be compared to or analyzed against Oakmark Fund's peers to derive any actionable benefits. When done correctly, Oakmark Fund'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 Fund R6.

Oakmark Fund R6 Backtested Returns

We consider Oakmark Fund very steady. Oakmark Fund R6 maintains Sharpe Ratio (i.e., Efficiency) of 0.038, which implies the entity had 0.038% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the 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-one technical indicators for Oakmark Fund R6, which you can use to evaluate the future volatility of the fund. Please check Oakmark Fund R6 Risk Adjusted Performance of 0.0327, coefficient of variation of 4655.39, and Semi Deviation of 1.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.0687%.
The fund holds a Beta of 1.1957, 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 Fund will likely underperform. Although it is important to respect Oakmark Fund R6 current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Oakmark Fund R6 technical indicators, you can presently evaluate if the expected return of 0.0687% will be sustainable into the future.

Auto-correlation

    
  -0.82  

Excellent reverse predictability

Oakmark Fund R6 has excellent reverse predictability. Overlapping area represents the amount of predictability between Oakmark Fund time series from 7th of December 2020 to 2nd of December 2021 and 2nd of December 2021 to 27th of November 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 Fund R6 price movement. The serial correlation of -0.82 indicates that around 82.0% of current Oakmark Fund price fluctuation can be explain by its past prices.
Correlation Coefficient-0.82
Spearman Rank Test-0.74
Residual Average0.0
Price Variance66.59

Oakmark Fund R6 lagged returns against current returns

Autocorrelation, which is Oakmark Fund 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 Fund's mutual fund expected returns. We can calculate the autocorrelation of Oakmark Fund returns to help us make a trade decision. For example, suppose you find that Oakmark Fund 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 Fund 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 Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oakmark Fund 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 Fund mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

Oakmark Fund Lagged Returns

When evaluating Oakmark Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oakmark Fund mutual fund have on its future price. Oakmark Fund 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 Fund autocorrelation shows the relationship between Oakmark Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Oakmark Fund R6.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Oakmark Fund 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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Please check Oakmark Fund Correlation, Oakmark Fund Volatility and Oakmark Fund Alpha and Beta module to complement your research on Oakmark Fund. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for analysis

When running Oakmark Fund R6 price analysis, check to measure Oakmark Fund'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 Fund is operating at the current time. Most of Oakmark Fund's value examination focuses on studying past and present price action to predict the probability of Oakmark Fund's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oakmark Fund's price. Additionally, you may evaluate how the addition of Oakmark Fund to your portfolios can decrease your overall portfolio volatility.
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Oakmark Fund 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.
A focus of Oakmark Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oakmark Fund 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...