Wealthbuilder Moderate Balanced Fund Market Value
| WMBGX Fund | USD 10.11 0.01 0.1% |
| Symbol | Wealthbuilder |
Wealthbuilder Moderate '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 Wealthbuilder Moderate'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 Wealthbuilder Moderate.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Wealthbuilder Moderate on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Wealthbuilder Moderate Balanced or generate 0.0% return on investment in Wealthbuilder Moderate over 60 days. Wealthbuilder Moderate is related to or competes with Vanguard Wellesley, HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, High-yield Municipal, and Via Renewables. The fund is a fund-of-funds that invests in various affiliated and unaffiliated mutual funds and exchange-traded funds t... More
Wealthbuilder Moderate 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 Wealthbuilder Moderate'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 Wealthbuilder Moderate Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4321 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 1.8 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.6036 |
Wealthbuilder Moderate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wealthbuilder Moderate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wealthbuilder Moderate's standard deviation. In reality, there are many statistical measures that can use Wealthbuilder Moderate historical prices to predict the future Wealthbuilder Moderate's volatility.| Risk Adjusted Performance | 0.0467 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.0492 |
Wealthbuilder Moderate Backtested Returns
At this stage we consider Wealthbuilder Mutual Fund to be very steady. Wealthbuilder Moderate shows Sharpe Ratio of 0.0695, which attests that the fund had a 0.0695% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wealthbuilder Moderate, which you can use to evaluate the volatility of the fund. Please check out Wealthbuilder Moderate's Downside Deviation of 0.4321, market risk adjusted performance of 0.0592, and Mean Deviation of 0.2872 to validate if the risk estimate we provide is consistent with the expected return of 0.026%. 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, Wealthbuilder Moderate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wealthbuilder Moderate is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
Wealthbuilder Moderate Balanced has poor reverse predictability. Overlapping area represents the amount of predictability between Wealthbuilder Moderate time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 Wealthbuilder Moderate price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Wealthbuilder Moderate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Wealthbuilder Moderate lagged returns against current returns
Autocorrelation, which is Wealthbuilder Moderate 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 Wealthbuilder Moderate's mutual fund expected returns. We can calculate the autocorrelation of Wealthbuilder Moderate returns to help us make a trade decision. For example, suppose you find that Wealthbuilder Moderate 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 |
Wealthbuilder Moderate 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 Wealthbuilder Moderate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wealthbuilder Moderate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wealthbuilder Moderate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wealthbuilder Moderate Lagged Returns
When evaluating Wealthbuilder Moderate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wealthbuilder Moderate mutual fund have on its future price. Wealthbuilder Moderate 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, Wealthbuilder Moderate autocorrelation shows the relationship between Wealthbuilder Moderate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wealthbuilder Moderate Balanced.
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 Wealthbuilder Mutual Fund
Wealthbuilder Moderate financial ratios help investors to determine whether Wealthbuilder 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 Wealthbuilder with respect to the benefits of owning Wealthbuilder Moderate security.
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