Wcm Focused Small Fund Market Value
| WCMJX Fund | USD 14.59 0.04 0.27% |
| Symbol | Wcm |
Wcm Focused '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 Focused'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 Focused.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Wcm Focused on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Wcm Focused Small or generate 0.0% return on investment in Wcm Focused over 30 days. Wcm Focused is related to or competes with Tiaa Cref, American Century, Prudential High, Lord Abbett, Pia High, Calvert High, and Pace High. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities of small- an... More
Wcm Focused 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 Focused'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 Focused Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9535 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.1 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.87 |
Wcm Focused Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wcm Focused's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wcm Focused's standard deviation. In reality, there are many statistical measures that can use Wcm Focused historical prices to predict the future Wcm Focused's volatility.| Risk Adjusted Performance | 0.0764 | |||
| Jensen Alpha | 0.0641 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.5331 |
Wcm Focused Small Backtested Returns
At this stage we consider Wcm Mutual Fund to be very steady. Wcm Focused Small shows Sharpe Ratio of 0.0791, which attests that the fund had a 0.0791% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wcm Focused Small, which you can use to evaluate the volatility of the fund. Please check out Wcm Focused's Market Risk Adjusted Performance of 0.5431, downside deviation of 0.9535, and Mean Deviation of 0.7177 to validate if the risk estimate we provide is consistent with the expected return of 0.0757%. The entity maintains a market beta of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wcm Focused's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wcm Focused is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Wcm Focused Small has very good predictability. Overlapping area represents the amount of predictability between Wcm Focused 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 Focused Small price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Wcm Focused price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Wcm Focused Small lagged returns against current returns
Autocorrelation, which is Wcm Focused 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 Focused's mutual fund expected returns. We can calculate the autocorrelation of Wcm Focused returns to help us make a trade decision. For example, suppose you find that Wcm Focused 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 Focused 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 Focused mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wcm Focused 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 Focused mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wcm Focused Lagged Returns
When evaluating Wcm Focused's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wcm Focused mutual fund have on its future price. Wcm Focused 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 Focused autocorrelation shows the relationship between Wcm Focused mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wcm Focused Small.
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 Focused 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 Focused security.
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