Wilshire Income Opport Fund Market Value
| WIORX Fund | USD 8.94 0.01 0.11% |
| Symbol | Wilshire |
Wilshire Income '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 Wilshire Income'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 Wilshire Income.
| 01/04/2025 |
| 02/03/2025 |
If you would invest 0.00 in Wilshire Income on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Wilshire Income Opport or generate 0.0% return on investment in Wilshire Income over 30 days. Wilshire Income is related to or competes with Cmg Ultra, Transam Short-term, Blackrock Global, Aqr Sustainable, Jhancock Short, Angel Oak, and Blackrock Short. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80 percent of ... More
Wilshire Income 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 Wilshire Income'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 Wilshire Income Opport upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2123 | |||
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 0.9014 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.3394 |
Wilshire Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilshire Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilshire Income's standard deviation. In reality, there are many statistical measures that can use Wilshire Income historical prices to predict the future Wilshire Income's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | (0.27) |
Wilshire Income Opport Backtested Returns
At this stage we consider Wilshire Mutual Fund to be very steady. Wilshire Income Opport shows Sharpe Ratio of 0.0584, which attests that the fund had a 0.0584 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wilshire Income Opport, which you can use to evaluate the volatility of the fund. Please check out Wilshire Income's Mean Deviation of 0.1392, downside deviation of 0.2123, and Market Risk Adjusted Performance of (0.26) to validate if the risk estimate we provide is consistent with the expected return of 0.0114%. The entity maintains a market beta of 0.0113, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wilshire Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wilshire Income is expected to be smaller as well.
Auto-correlation | 0.15 |
Insignificant predictability
Wilshire Income Opport has insignificant predictability. Overlapping area represents the amount of predictability between Wilshire Income time series from 4th of January 2025 to 19th of January 2025 and 19th of January 2025 to 3rd 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 Wilshire Income Opport price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Wilshire Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wilshire Income Opport lagged returns against current returns
Autocorrelation, which is Wilshire Income 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 Wilshire Income's mutual fund expected returns. We can calculate the autocorrelation of Wilshire Income returns to help us make a trade decision. For example, suppose you find that Wilshire Income 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 |
Wilshire Income 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 Wilshire Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilshire Income mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilshire Income mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wilshire Income Lagged Returns
When evaluating Wilshire Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilshire Income mutual fund have on its future price. Wilshire Income 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, Wilshire Income autocorrelation shows the relationship between Wilshire Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wilshire Income Opport.
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 Wilshire Mutual Fund
Wilshire Income financial ratios help investors to determine whether Wilshire 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 Wilshire with respect to the benefits of owning Wilshire Income security.
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