Walden Midcap Fund Market Value
| WAMFX Fund | USD 25.24 0.35 1.41% |
| Symbol | Walden |
Walden Midcap '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 Walden Midcap'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 Walden Midcap.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Walden Midcap on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Walden Midcap Fund or generate 0.0% return on investment in Walden Midcap over 30 days. Walden Midcap is related to or competes with Calvert Small, Calvert International, Champlain Mid, Morningstar Unconstrained, Thrivent High, Via Renewables, and T Rowe. The fund invests, under normal circumstances, at least 80 percent of its assets in a diversified portfolio of domestic e... More
Walden Midcap 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 Walden Midcap'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 Walden Midcap Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5925 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.44 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 1.41 |
Walden Midcap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Walden Midcap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Walden Midcap's standard deviation. In reality, there are many statistical measures that can use Walden Midcap historical prices to predict the future Walden Midcap's volatility.| Risk Adjusted Performance | 0.1281 | |||
| Jensen Alpha | 0.0146 | |||
| Total Risk Alpha | (0.0005) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1369 |
Walden Midcap Backtested Returns
At this stage we consider Walden Mutual Fund to be very steady. Walden Midcap shows Sharpe Ratio of 0.19, which attests that the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Walden Midcap, which you can use to evaluate the volatility of the fund. Please check out Walden Midcap's Market Risk Adjusted Performance of 0.1469, downside deviation of 0.5925, and Mean Deviation of 0.5506 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The entity maintains a market beta of 0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Walden Midcap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Walden Midcap is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Walden Midcap Fund has modest predictability. Overlapping area represents the amount of predictability between Walden Midcap time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Walden Midcap price movement. The serial correlation of 0.54 indicates that about 54.0% of current Walden Midcap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Walden Midcap lagged returns against current returns
Autocorrelation, which is Walden Midcap 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 Walden Midcap's mutual fund expected returns. We can calculate the autocorrelation of Walden Midcap returns to help us make a trade decision. For example, suppose you find that Walden Midcap 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 |
Walden Midcap 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 Walden Midcap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Walden Midcap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Walden Midcap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Walden Midcap Lagged Returns
When evaluating Walden Midcap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Walden Midcap mutual fund have on its future price. Walden Midcap 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, Walden Midcap autocorrelation shows the relationship between Walden Midcap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Walden Midcap Fund.
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 Walden Mutual Fund
Walden Midcap financial ratios help investors to determine whether Walden 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 Walden with respect to the benefits of owning Walden Midcap security.
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