Oakmark Mutual Fund Technical Analysis

OAKGX -  USA Fund  

USD 29.40  0.05  0.17%

As of the 22nd of May, Oakmark Global holds the coefficient of variation of (709.57), and Risk Adjusted Performance of (0.19). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oakmark Global, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Oakmark Global, which can be compared to its competitors. Please check Oakmark Global coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Oakmark Global is priced some-what accurately, providing market reflects its current price of 29.4 per share.
  
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Oakmark Global 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 Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oakmark Global 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...

Oakmark Global Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Oakmark Global volatility developed by Welles Wilder.
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Oakmark Global Trend Analysis

Use this graph to draw trend lines for Oakmark Global. You can use it to identify possible trend reversals for Oakmark Global as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oakmark Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oakmark Global Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oakmark Global applied against its price change over selected period. The best fit line has a slop of   -0.05  , which may suggest that Oakmark Global market price will keep on failing further. It has 122 observation points and a regression sum of squares at 109.43, which is the sum of squared deviations for the predicted Oakmark Global price change compared to its average price change.

About Oakmark Global Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oakmark Global on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oakmark Global based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Oakmark Global stock first instead of the macroeconomic environment surrounding Oakmark Global. By analyzing Oakmark Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oakmark Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oakmark Global specific price patterns or momentum indicators. Please read more on our technical analysis page.

Oakmark Global May 22, 2022 Technical Indicators

Most technical analysis of Oakmark help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oakmark from various momentum indicators to cycle indicators. When you analyze Oakmark charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Please check Your Equity Center. Note that the Oakmark Global information on this page should be used as a complementary analysis to other Oakmark Global'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Oakmark Mutual Fund analysis

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