Westwood Largecap Value Fund Market Value
| WHGLX Fund | USD 13.85 0.08 0.58% |
| Symbol | Westwood |
Westwood Largecap '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 Westwood Largecap'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 Westwood Largecap.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Westwood Largecap on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Westwood Largecap Value or generate 0.0% return on investment in Westwood Largecap over 30 days. Westwood Largecap is related to or competes with Westwood Short, Westwood Alternative, Westwood High, Westwood Income, Westwood Income, Westwood Quality, and Westwood Largecap. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Westwood Largecap 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 Westwood Largecap'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 Westwood Largecap Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.97 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.04 |
Westwood Largecap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westwood Largecap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Westwood Largecap's standard deviation. In reality, there are many statistical measures that can use Westwood Largecap historical prices to predict the future Westwood Largecap's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.28) |
Westwood Largecap Value Backtested Returns
Westwood Largecap Value shows Sharpe Ratio of -0.0881, which attests that the fund had a -0.0881% return per unit of risk over the last 3 months. Westwood Largecap Value exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Westwood Largecap's Mean Deviation of 0.6465, market risk adjusted performance of (0.27), and Standard Deviation of 1.06 to validate the risk estimate we provide. The entity maintains a market beta of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Westwood Largecap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Westwood Largecap is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
Westwood Largecap Value has modest reverse predictability. Overlapping area represents the amount of predictability between Westwood Largecap time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Westwood Largecap Value price movement. The serial correlation of -0.49 indicates that about 49.0% of current Westwood Largecap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Westwood Largecap Value lagged returns against current returns
Autocorrelation, which is Westwood Largecap 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 Westwood Largecap's mutual fund expected returns. We can calculate the autocorrelation of Westwood Largecap returns to help us make a trade decision. For example, suppose you find that Westwood Largecap 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 |
Westwood Largecap 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 Westwood Largecap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Westwood Largecap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Westwood Largecap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Westwood Largecap Lagged Returns
When evaluating Westwood Largecap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Westwood Largecap mutual fund have on its future price. Westwood Largecap 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, Westwood Largecap autocorrelation shows the relationship between Westwood Largecap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Westwood Largecap Value.
Regressed Prices |
| Timeline |
Also Currently Popular
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Westwood Mutual Fund
Westwood Largecap financial ratios help investors to determine whether Westwood 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 Westwood with respect to the benefits of owning Westwood Largecap security.
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