Wasatch Large Cap Fund Market Value
| WILCX Fund | USD 9.38 0.08 0.85% |
| Symbol | Wasatch |
Wasatch Large '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 Large'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 Large.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Wasatch Large on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Wasatch Large Cap or generate 0.0% return on investment in Wasatch Large over 180 days. Wasatch Large is related to or competes with Us Vector, Transamerica International, Artisan Select, Aqr Long-short, Aqr Equity, and Enhanced Fixed. Under normal market conditions, the fund will invest its net assets primarily in the equity securities of foreign and do... More
Wasatch Large 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 Large'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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.14 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 0.8529 |
Wasatch Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch Large's standard deviation. In reality, there are many statistical measures that can use Wasatch Large historical prices to predict the future Wasatch Large's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wasatch Large'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.
Wasatch Large Cap Backtested Returns
Wasatch Large Cap shows Sharpe Ratio of -0.0592, which attests that the fund had a -0.0592 % return per unit of risk over the last 3 months. Wasatch Large Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wasatch Large's Mean Deviation of 0.5606, market risk adjusted performance of (0.21), and Standard Deviation of 0.9626 to validate the risk estimate we provide. The entity maintains a market beta of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wasatch Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wasatch Large is expected to be smaller as well.
Auto-correlation | -0.58 |
Good reverse predictability
Wasatch Large Cap has good reverse predictability. Overlapping area represents the amount of predictability between Wasatch Large time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 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 Wasatch Large Cap price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Wasatch Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Wasatch Large Cap lagged returns against current returns
Autocorrelation, which is Wasatch Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Wasatch Large returns to help us make a trade decision. For example, suppose you find that Wasatch Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch Large 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 Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wasatch Large Lagged Returns
When evaluating Wasatch Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch Large mutual fund have on its future price. Wasatch Large 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 Large autocorrelation shows the relationship between Wasatch Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch Large Cap.
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 Large 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 Large security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |