Wilmington International Fund Market Value
| WINIX Fund | USD 9.20 0.03 0.33% |
| Symbol | Wilmington |
Wilmington International '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 Wilmington International'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 Wilmington International.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Wilmington International on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Wilmington International Fund or generate 0.0% return on investment in Wilmington International over 720 days. Wilmington International is related to or competes with Wilmington Global, Wilmington Global, Wilmington Broad, Wilmington Municipal, Wilmington Municipal, Wilmington Diversified, and Wilmington Diversified. The fund seeks to achieve its investment goal by investing, under normal circumstances, at least 80 percent of the value... More
Wilmington International 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 Wilmington International'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 Wilmington International Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.48 |
Wilmington International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmington International's standard deviation. In reality, there are many statistical measures that can use Wilmington International historical prices to predict the future Wilmington International's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.8563 |
Wilmington International Backtested Returns
Wilmington International shows Sharpe Ratio of -0.0662, which attests that the fund had a -0.0662% return per unit of risk over the last 3 months. Wilmington International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wilmington International's Standard Deviation of 0.793, mean deviation of 0.6088, and Market Risk Adjusted Performance of 0.8663 to validate the risk estimate we provide. The entity maintains a market beta of -0.0611, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wilmington International are expected to decrease at a much lower rate. During the bear market, Wilmington International is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Wilmington International Fund has no correlation between past and present. Overlapping area represents the amount of predictability between Wilmington International time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Wilmington International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Wilmington International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Wilmington International lagged returns against current returns
Autocorrelation, which is Wilmington International 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 Wilmington International's mutual fund expected returns. We can calculate the autocorrelation of Wilmington International returns to help us make a trade decision. For example, suppose you find that Wilmington International 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 |
Wilmington International 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 Wilmington International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmington International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilmington International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wilmington International Lagged Returns
When evaluating Wilmington International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilmington International mutual fund have on its future price. Wilmington International 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, Wilmington International autocorrelation shows the relationship between Wilmington International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wilmington International 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 Wilmington Mutual Fund
Wilmington International financial ratios help investors to determine whether Wilmington 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 Wilmington with respect to the benefits of owning Wilmington International security.
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