Wasatch Select Investor Fund Market Value
| WAUSX Fund | USD 16.61 0.02 0.12% |
| Symbol | Wasatch |
Wasatch Us '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 Wasatch Us' 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 Wasatch Us.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Wasatch Us on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Wasatch Select Investor or generate 0.0% return on investment in Wasatch Us over 360 days. Wasatch Us is related to or competes with James Balanced, Franklin Gold, International Investors, First Eagle, Gold And, Fidelity Advisor, and Precious Metals. The fund will invest at least 80 percent of the funds net assets in equity securities of companies of all market capital... More
Wasatch Us 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 Wasatch Us' 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 Wasatch Select Investor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9544 | |||
| Information Ratio | 0.0417 | |||
| Maximum Drawdown | 5.97 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.4 |
Wasatch Us Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch Us' standard deviation. In reality, there are many statistical measures that can use Wasatch Us historical prices to predict the future Wasatch Us' volatility.| Risk Adjusted Performance | 0.131 | |||
| Jensen Alpha | 0.0262 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.0428 | |||
| Treynor Ratio | 0.1375 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wasatch Us' 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.
Wasatch Select Investor Backtested Returns
At this stage we consider Wasatch Mutual Fund to be very steady. Wasatch Select Investor shows Sharpe Ratio of 0.2, which attests that the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wasatch Select Investor, which you can use to evaluate the volatility of the fund. Please check out Wasatch Us' Mean Deviation of 0.7135, market risk adjusted performance of 0.1475, and Downside Deviation of 0.9544 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. The entity maintains a market beta of 1.13, which attests to a somewhat significant risk relative to the market. Wasatch Us returns are very sensitive to returns on the market. As the market goes up or down, Wasatch Us is expected to follow.
Auto-correlation | 0.26 |
Poor predictability
Wasatch Select Investor has poor predictability. Overlapping area represents the amount of predictability between Wasatch Us time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd of December 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 Wasatch Select Investor price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Wasatch Us price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Wasatch Select Investor lagged returns against current returns
Autocorrelation, which is Wasatch Us 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 Wasatch Us' mutual fund expected returns. We can calculate the autocorrelation of Wasatch Us returns to help us make a trade decision. For example, suppose you find that Wasatch Us 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 |
Wasatch Us 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 Wasatch Us mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch Us mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wasatch Us mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wasatch Us Lagged Returns
When evaluating Wasatch Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch Us mutual fund have on its future price. Wasatch Us 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, Wasatch Us autocorrelation shows the relationship between Wasatch Us mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch Select Investor.
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 Wasatch Mutual Fund
Wasatch Us financial ratios help investors to determine whether Wasatch 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 Wasatch with respect to the benefits of owning Wasatch Us security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |