Wasatch Frontier Emerging Fund Market Value
| WIFMX Fund | USD 3.65 0.00 0.00% |
| Symbol | Wasatch |
Wasatch Frontier '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 Wasatch Frontier'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 Wasatch Frontier.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Wasatch Frontier on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Wasatch Frontier Emerging or generate 0.0% return on investment in Wasatch Frontier over 540 days. Wasatch Frontier is related to or competes with Qs Us, Qs Us, Fundamental Large, Large Cap, Dana Large, Americafirst Large, and Jhancock Disciplined. The fund invests primarily in the equity securities of companies of all market capitalizations that are tied economicall... More
Wasatch Frontier 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 Wasatch Frontier'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 Wasatch Frontier Emerging upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 2.72 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 0.8174 |
Wasatch Frontier Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Frontier's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch Frontier's standard deviation. In reality, there are many statistical measures that can use Wasatch Frontier historical prices to predict the future Wasatch Frontier's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.1) |
Wasatch Frontier Emerging Backtested Returns
Wasatch Frontier Emerging shows Sharpe Ratio of -0.0405, which attests that the fund had a -0.0405% return per unit of risk over the last 3 months. Wasatch Frontier Emerging exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wasatch Frontier's Mean Deviation of 0.4644, standard deviation of 0.5958, and Market Risk Adjusted Performance of (0.09) 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, Wasatch Frontier's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wasatch Frontier is expected to be smaller as well.
Auto-correlation | 0.63 |
Good predictability
Wasatch Frontier Emerging has good predictability. Overlapping area represents the amount of predictability between Wasatch Frontier time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 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 Wasatch Frontier Emerging price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Wasatch Frontier price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Wasatch Frontier Emerging lagged returns against current returns
Autocorrelation, which is Wasatch Frontier 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 Wasatch Frontier's mutual fund expected returns. We can calculate the autocorrelation of Wasatch Frontier returns to help us make a trade decision. For example, suppose you find that Wasatch Frontier 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 |
Wasatch Frontier 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 Wasatch Frontier mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch Frontier mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wasatch Frontier mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wasatch Frontier Lagged Returns
When evaluating Wasatch Frontier's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch Frontier mutual fund have on its future price. Wasatch Frontier 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, Wasatch Frontier autocorrelation shows the relationship between Wasatch Frontier mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch Frontier Emerging.
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 Wasatch Mutual Fund
Wasatch Frontier financial ratios help investors to determine whether Wasatch 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 Wasatch with respect to the benefits of owning Wasatch Frontier security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |