Allspring Disciplined Small Fund Market Value
| WDSAX Fund | USD 15.01 0.02 0.13% |
| Symbol | Allspring |
Allspring Disciplined '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 Allspring Disciplined'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 Allspring Disciplined.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Allspring Disciplined on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Allspring Disciplined Small or generate 0.0% return on investment in Allspring Disciplined over 30 days. Allspring Disciplined is related to or competes with Applied Finance, Pace Small/medium, Mid-cap Value, Boston Partners, Fidelity Small, Lord Abbett, and Mutual Of. Under normal circumstances, the fund invests at least 80 percent of the funds net assets in equity securities of small-c... More
Allspring Disciplined 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 Allspring Disciplined'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 Allspring Disciplined Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 2.16 |
Allspring Disciplined Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allspring Disciplined's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allspring Disciplined's standard deviation. In reality, there are many statistical measures that can use Allspring Disciplined historical prices to predict the future Allspring Disciplined's volatility.| Risk Adjusted Performance | 0.0781 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0779 |
Allspring Disciplined Backtested Returns
At this stage we consider Allspring Mutual Fund to be very steady. Allspring Disciplined secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Allspring Disciplined Small, which you can use to evaluate the volatility of the entity. Please confirm Allspring Disciplined's Mean Deviation of 0.9404, risk adjusted performance of 0.0781, and Downside Deviation of 1.15 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund shows a Beta (market volatility) of 1.5, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Allspring Disciplined will likely underperform.
Auto-correlation | 0.83 |
Very good predictability
Allspring Disciplined Small has very good predictability. Overlapping area represents the amount of predictability between Allspring Disciplined time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Allspring Disciplined price movement. The serial correlation of 0.83 indicates that around 83.0% of current Allspring Disciplined price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Allspring Disciplined lagged returns against current returns
Autocorrelation, which is Allspring Disciplined 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 Allspring Disciplined's mutual fund expected returns. We can calculate the autocorrelation of Allspring Disciplined returns to help us make a trade decision. For example, suppose you find that Allspring Disciplined 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 |
Allspring Disciplined 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 Allspring Disciplined mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allspring Disciplined mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allspring Disciplined mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Allspring Disciplined Lagged Returns
When evaluating Allspring Disciplined's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allspring Disciplined mutual fund have on its future price. Allspring Disciplined 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, Allspring Disciplined autocorrelation shows the relationship between Allspring Disciplined mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Allspring Disciplined 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 Allspring Mutual Fund
Allspring Disciplined financial ratios help investors to determine whether Allspring 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 Allspring with respect to the benefits of owning Allspring Disciplined security.
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