Wcm Mid Cap Fund Market Value
| WCMAX Fund | USD 13.73 0.03 0.22% |
| Symbol | Wcm |
Wcm Mid '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 Wcm Mid'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 Wcm Mid.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Wcm Mid on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Wcm Mid Cap or generate 0.0% return on investment in Wcm Mid over 30 days. Wcm Mid is related to or competes with Tiaa Cref, Wasatch Small, Huber Capital, The Gabelli, Massmutual Premier, Delaware Limited-term, and Adams Diversified. More
Wcm Mid 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 Wcm Mid'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 Wcm Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8844 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.69 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.72 |
Wcm Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wcm Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wcm Mid's standard deviation. In reality, there are many statistical measures that can use Wcm Mid historical prices to predict the future Wcm Mid's volatility.| Risk Adjusted Performance | 0.0622 | |||
| Jensen Alpha | 0.0593 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 2.05 |
Wcm Mid Cap Backtested Returns
At this stage we consider Wcm Mutual Fund to be very steady. Wcm Mid Cap shows Sharpe Ratio of 0.0789, which attests that the fund had a 0.0789% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wcm Mid Cap, which you can use to evaluate the volatility of the fund. Please check out Wcm Mid's Market Risk Adjusted Performance of 2.06, mean deviation of 0.7416, and Downside Deviation of 0.8844 to validate if the risk estimate we provide is consistent with the expected return of 0.0729%. The entity maintains a market beta of 0.0306, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wcm Mid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wcm Mid is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Wcm Mid Cap has very good predictability. Overlapping area represents the amount of predictability between Wcm Mid time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Wcm Mid Cap price movement. The serial correlation of 0.84 indicates that around 84.0% of current Wcm Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Wcm Mid Cap lagged returns against current returns
Autocorrelation, which is Wcm Mid 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 Wcm Mid's mutual fund expected returns. We can calculate the autocorrelation of Wcm Mid returns to help us make a trade decision. For example, suppose you find that Wcm Mid 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 |
Wcm Mid 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 Wcm Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wcm Mid mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wcm Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wcm Mid Lagged Returns
When evaluating Wcm Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wcm Mid mutual fund have on its future price. Wcm Mid 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, Wcm Mid autocorrelation shows the relationship between Wcm Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wcm Mid Cap.
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 Wcm Mutual Fund
Wcm Mid financial ratios help investors to determine whether Wcm 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 Wcm with respect to the benefits of owning Wcm Mid security.
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