Wilshire Large Fund Market Value
| DTLGX Fund | USD 47.57 0.04 0.08% |
| Symbol | Wilshire |
Wilshire Large '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 Wilshire Large'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 Wilshire Large.
| 09/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Wilshire Large on September 23, 2024 and sell it all today you would earn a total of 0.00 from holding Wilshire Large or generate 0.0% return on investment in Wilshire Large over 60 days. Wilshire Large is related to or competes with Large Company, Small Company, Small Company, Value Line, and The Gabelli. The fund invests, under normal circumstances, at least 80 percent of its net assets in common stock of companies with la... More
Wilshire Large 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 Wilshire Large'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 Wilshire Large upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.0148 | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 1.96 |
Wilshire Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilshire Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilshire Large's standard deviation. In reality, there are many statistical measures that can use Wilshire Large historical prices to predict the future Wilshire Large's volatility.| Risk Adjusted Performance | 0.0898 | |||
| Jensen Alpha | 0.0205 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0122 | |||
| Treynor Ratio | 0.1208 |
Wilshire Large Backtested Returns
At this stage we consider Wilshire Mutual Fund to be very steady. Wilshire Large shows Sharpe Ratio of 0.14, which attests that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wilshire Large, which you can use to evaluate the volatility of the fund. Please check out Wilshire Large's Market Risk Adjusted Performance of 0.1308, downside deviation of 1.34, and Mean Deviation of 0.7815 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. The entity maintains a market beta of 0.96, which attests to possible diversification benefits within a given portfolio. Wilshire Large returns are very sensitive to returns on the market. As the market goes up or down, Wilshire Large is expected to follow.
Auto-correlation | 0.80 |
Very good predictability
Wilshire Large has very good predictability. Overlapping area represents the amount of predictability between Wilshire Large time series from 23rd of September 2024 to 23rd of October 2024 and 23rd of October 2024 to 22nd of November 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 Wilshire Large price movement. The serial correlation of 0.8 indicates that around 80.0% of current Wilshire Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
Wilshire Large lagged returns against current returns
Autocorrelation, which is Wilshire Large 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 Wilshire Large's mutual fund expected returns. We can calculate the autocorrelation of Wilshire Large returns to help us make a trade decision. For example, suppose you find that Wilshire Large 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 |
Wilshire Large 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 Wilshire Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilshire Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilshire Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wilshire Large Lagged Returns
When evaluating Wilshire Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilshire Large mutual fund have on its future price. Wilshire Large 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, Wilshire Large autocorrelation shows the relationship between Wilshire Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wilshire Large.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Wilshire Mutual Fund
Wilshire Large financial ratios help investors to determine whether Wilshire Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wilshire with respect to the benefits of owning Wilshire Large security.
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