Wt Mutual Fund Market Value
| WGSXX Fund | USD 1.00 0.00 0.00% |
| Symbol | WGSXX |
Please note, there is a significant difference between Wt Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wt Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wt Mutual's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Wt Mutual '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 Wt Mutual's money market 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 Wt Mutual.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Wt Mutual on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Wt Mutual Fund or generate 0.0% return on investment in Wt Mutual over 720 days. Wt Mutual is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Wt Mutual is entity of United States. It is traded as Fund on NMFQS exchange. More
Wt Mutual 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 Wt Mutual's money market 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 Wt Mutual Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.98) | |||
| Maximum Drawdown | 1.01 |
Wt Mutual Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wt Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wt Mutual's standard deviation. In reality, there are many statistical measures that can use Wt Mutual historical prices to predict the future Wt Mutual's volatility.| Risk Adjusted Performance | 0.0426 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.4822 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wt Mutual'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.
Wt Mutual Fund Backtested Returns
We have found sixteen technical indicators for Wt Mutual, which you can use to evaluate the volatility of the fund. Please check out Wt Mutual's information ratio of (0.98), and Market Risk Adjusted Performance of 0.4922 to validate if the risk estimate we provide is consistent with the expected return of 0.0%. The entity owns a Beta (Systematic Risk) of 0.011, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wt Mutual's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wt Mutual is expected to be smaller as well.
Auto-correlation | 0.03 |
Virtually no predictability
Wt Mutual Fund has virtually no predictability. Overlapping area represents the amount of predictability between Wt Mutual time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Wt Mutual Fund price movement. The serial correlation of 0.03 indicates that only 3.0% of current Wt Mutual price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wt Mutual Fund lagged returns against current returns
Autocorrelation, which is Wt Mutual money market 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 Wt Mutual's money market fund expected returns. We can calculate the autocorrelation of Wt Mutual returns to help us make a trade decision. For example, suppose you find that Wt Mutual has exhibited high autocorrelation historically, and you observe that the money market 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 |
Wt Mutual 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 Wt Mutual money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wt Mutual money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wt Mutual money market fund over time.
Current vs Lagged Prices |
| Timeline |
Wt Mutual Lagged Returns
When evaluating Wt Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wt Mutual money market fund have on its future price. Wt Mutual 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, Wt Mutual autocorrelation shows the relationship between Wt Mutual money market fund current value and its past values and can show if there is a momentum factor associated with investing in Wt Mutual 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 WGSXX Money Market Fund
Wt Mutual financial ratios help investors to determine whether WGSXX Money Market 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 WGSXX with respect to the benefits of owning Wt Mutual security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |