White Oak Select Fund Market Value
| WOGSX Fund | USD 137.26 0.59 0.43% |
| Symbol | White |
White Oak '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 White Oak'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 White Oak.
| 02/25/2023 |
| 04/20/2024 |
If you would invest 0.00 in White Oak on February 25, 2023 and sell it all today you would earn a total of 0.00 from holding White Oak Select or generate 0.0% return on investment in White Oak over 420 days. White Oak is related to or competes with Red Oak, Pin Oak, Black Oak, Clearbridge Value, and Victory Rs. The fund invests primarily in common stocks of established U.S More
White Oak 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 White Oak'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 White Oak Select upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8603 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.02 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.13 |
White Oak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for White Oak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as White Oak's standard deviation. In reality, there are many statistical measures that can use White Oak historical prices to predict the future White Oak's volatility.| Risk Adjusted Performance | 0.0513 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0583 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of White Oak'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.
White Oak Select Backtested Returns
We consider White Oak very steady. White Oak Select shows Sharpe Ratio of 0.0798, which attests that the fund had a 0.0798% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for White Oak Select, which you can use to evaluate the volatility of the fund. Please check out White Oak's Mean Deviation of 0.626, downside deviation of 0.8603, and Market Risk Adjusted Performance of 0.0683 to validate if the risk estimate we provide is consistent with the expected return of 0.0649%. The entity maintains a market beta of 0.94, which attests to possible diversification benefits within a given portfolio. White Oak returns are very sensitive to returns on the market. As the market goes up or down, White Oak is expected to follow.
Auto-correlation | 0.96 |
Excellent predictability
White Oak Select has excellent predictability. Overlapping area represents the amount of predictability between White Oak time series from 25th of February 2023 to 23rd of September 2023 and 23rd of September 2023 to 20th of April 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 White Oak Select price movement. The serial correlation of 0.96 indicates that 96.0% of current White Oak price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.96 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 94.06 |
White Oak Select lagged returns against current returns
Autocorrelation, which is White Oak 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 White Oak's mutual fund expected returns. We can calculate the autocorrelation of White Oak returns to help us make a trade decision. For example, suppose you find that White Oak 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 |
White Oak 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 White Oak mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if White Oak mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in White Oak mutual fund over time.
Current vs Lagged Prices |
| Timeline |
White Oak Lagged Returns
When evaluating White Oak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of White Oak mutual fund have on its future price. White Oak 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, White Oak autocorrelation shows the relationship between White Oak mutual fund current value and its past values and can show if there is a momentum factor associated with investing in White Oak Select.
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 White Oak 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, White Oak's short interest history, or implied volatility extrapolated from White Oak options trading.
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White Oak 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.