Wcm Sustainable Developing Fund Market Value
| WCMUX Fund | USD 13.44 0.00 0.00% |
| Symbol | Wcm |
Wcm Sustainable '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 Sustainable'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 Sustainable.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Wcm Sustainable on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Wcm Sustainable Developing or generate 0.0% return on investment in Wcm Sustainable over 30 days. Wcm Sustainable is related to or competes with American Funds, SCOR PK, Morningstar Unconstrained, Via Renewables, Bondbloxx ETF, Spring Valley, and 70082LAB3. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies... More
Wcm Sustainable 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 Sustainable'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 Sustainable Developing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 1.59 | |||
| Potential Upside | 0.5236 |
Wcm Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wcm Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wcm Sustainable's standard deviation. In reality, there are many statistical measures that can use Wcm Sustainable historical prices to predict the future Wcm Sustainable's volatility.| Risk Adjusted Performance | 0.0889 | |||
| Jensen Alpha | 0.0201 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 1.23 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wcm Sustainable's 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.
Wcm Sustainable Deve Backtested Returns
At this stage we consider Wcm Mutual Fund to be very steady. Wcm Sustainable Deve shows Sharpe Ratio of 0.13, which attests that the fund had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Wcm Sustainable Deve, which you can use to evaluate the volatility of the fund. Please check out Wcm Sustainable's Market Risk Adjusted Performance of 1.24, standard deviation of 0.2024, and Mean Deviation of 0.0832 to validate if the risk estimate we provide is consistent with the expected return of 0.0083%. The entity maintains a market beta of 0.0179, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wcm Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wcm Sustainable is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Wcm Sustainable Developing has no correlation between past and present. Overlapping area represents the amount of predictability between Wcm Sustainable time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Wcm Sustainable Deve price movement. The serial correlation of 0.0 indicates that just 0.0% of current Wcm Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wcm Sustainable Deve lagged returns against current returns
Autocorrelation, which is Wcm Sustainable 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 Sustainable's mutual fund expected returns. We can calculate the autocorrelation of Wcm Sustainable returns to help us make a trade decision. For example, suppose you find that Wcm Sustainable 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 Sustainable 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 Sustainable mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wcm Sustainable 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 Sustainable mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wcm Sustainable Lagged Returns
When evaluating Wcm Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wcm Sustainable mutual fund have on its future price. Wcm Sustainable 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 Sustainable autocorrelation shows the relationship between Wcm Sustainable mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wcm Sustainable Developing.
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 Sustainable 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 Sustainable security.
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