Wilmington Large Cap Strategy Fund Market Value
| WMLIX Fund | USD 34.71 0.13 0.37% |
| Symbol | Wilmington |
Wilmington Large-cap '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 Large-cap'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 Large-cap.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Wilmington Large-cap on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Wilmington Large Cap Strategy or generate 0.0% return on investment in Wilmington Large-cap over 720 days. Wilmington Large-cap is related to or competes with Wilmington Multi, Ab Concentrated, T Rowe, T Rowe, and Invesco Disciplined. Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in a diversified portfol... More
Wilmington Large-cap 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 Large-cap'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 Large Cap Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8566 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.96 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.13 |
Wilmington Large-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington Large-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmington Large-cap's standard deviation. In reality, there are many statistical measures that can use Wilmington Large-cap historical prices to predict the future Wilmington Large-cap's volatility.| Risk Adjusted Performance | 0.1231 | |||
| Jensen Alpha | 0.0106 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1327 |
Wilmington Large Cap Backtested Returns
At this stage we consider Wilmington Mutual Fund to be very steady. Wilmington Large Cap shows Sharpe Ratio of 0.16, which attests that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wilmington Large Cap, which you can use to evaluate the volatility of the fund. Please check out Wilmington Large-cap's Downside Deviation of 0.8566, mean deviation of 0.5549, and Market Risk Adjusted Performance of 0.1427 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The entity maintains a market beta of 0.86, which attests to possible diversification benefits within a given portfolio. Wilmington Large-cap returns are very sensitive to returns on the market. As the market goes up or down, Wilmington Large-cap is expected to follow.
Auto-correlation | 0.78 |
Good predictability
Wilmington Large Cap Strategy has good predictability. Overlapping area represents the amount of predictability between Wilmington Large-cap time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Large Cap price movement. The serial correlation of 0.78 indicates that around 78.0% of current Wilmington Large-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 4.43 |
Wilmington Large Cap lagged returns against current returns
Autocorrelation, which is Wilmington Large-cap 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 Large-cap's mutual fund expected returns. We can calculate the autocorrelation of Wilmington Large-cap returns to help us make a trade decision. For example, suppose you find that Wilmington Large-cap 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 Large-cap 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 Large-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmington Large-cap 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 Large-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wilmington Large-cap Lagged Returns
When evaluating Wilmington Large-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilmington Large-cap mutual fund have on its future price. Wilmington Large-cap 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 Large-cap autocorrelation shows the relationship between Wilmington Large-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wilmington Large Cap Strategy.
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 Large-cap 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 Large-cap security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |