Emerging Growth Fund Market Value
| WEMAX Fund | USD 10.36 0.14 1.37% |
| Symbol | Emerging |
Emerging Growth '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 Emerging Growth'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 Emerging Growth.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Emerging Growth on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Emerging Growth Fund or generate 0.0% return on investment in Emerging Growth over 30 days. Emerging Growth is related to or competes with Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, and Wells Fargo. The fund invests at least 80 percent of its total assets in equity securities of small-capitalization companies, and up ... More
Emerging Growth 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 Emerging Growth'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 Emerging Growth Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.91 |
Emerging Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emerging Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emerging Growth's standard deviation. In reality, there are many statistical measures that can use Emerging Growth historical prices to predict the future Emerging Growth's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.04) |
Emerging Growth Backtested Returns
At this stage we consider Emerging Mutual Fund to be not too volatile. Emerging Growth secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Emerging Growth Fund, which you can use to evaluate the volatility of the entity. Please confirm Emerging Growth's Standard Deviation of 1.61, variance of 2.6, and Mean Deviation of 1.17 to check if the risk estimate we provide is consistent with the expected return of 0.0023%. The fund shows a Beta (market volatility) of 0.59, which means possible diversification benefits within a given portfolio. As returns on the market increase, Emerging Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Emerging Growth is expected to be smaller as well.
Auto-correlation | 0.20 |
Weak predictability
Emerging Growth Fund has weak predictability. Overlapping area represents the amount of predictability between Emerging Growth time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Emerging Growth price movement. The serial correlation of 0.2 indicates that over 20.0% of current Emerging Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Emerging Growth lagged returns against current returns
Autocorrelation, which is Emerging Growth 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 Emerging Growth's mutual fund expected returns. We can calculate the autocorrelation of Emerging Growth returns to help us make a trade decision. For example, suppose you find that Emerging Growth 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 |
Emerging Growth 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 Emerging Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emerging Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emerging Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Emerging Growth Lagged Returns
When evaluating Emerging Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emerging Growth mutual fund have on its future price. Emerging Growth 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, Emerging Growth autocorrelation shows the relationship between Emerging Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Emerging Growth Fund.
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 Emerging Mutual Fund
Emerging Growth financial ratios help investors to determine whether Emerging 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 Emerging with respect to the benefits of owning Emerging Growth security.
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