Woa All Asset Fund Market Value
| WOAIX Fund | USD 10.89 0.05 0.46% |
| Symbol | Woa |
Woa All '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 Woa All'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 Woa All.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Woa All on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Woa All Asset or generate 0.0% return on investment in Woa All over 30 days. Woa All is related to or competes with Vanguard Total, Fidelity Series, Six Circles, Vanguard Wellington, Voya Large-cap, Industrials Portfolio, and Vanguard 500. Under normal market conditions, the fund operates as a fund of funds investing primarily in exchange-traded funds , exch... More
Woa All 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 Woa All'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 Woa All Asset upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7166 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 1.14 |
Woa All Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Woa All's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Woa All's standard deviation. In reality, there are many statistical measures that can use Woa All historical prices to predict the future Woa All's volatility.| Risk Adjusted Performance | 0.0808 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0798 |
Woa All Asset Backtested Returns
At this stage we consider Woa Mutual Fund to be very steady. Woa All Asset shows Sharpe Ratio of 0.0837, which attests that the fund had a 0.0837% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Woa All Asset, which you can use to evaluate the volatility of the fund. Please check out Woa All's Downside Deviation of 0.7166, mean deviation of 0.4888, and Market Risk Adjusted Performance of 0.0898 to validate if the risk estimate we provide is consistent with the expected return of 0.0538%. The entity maintains a market beta of 0.76, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Woa All's returns are expected to increase less than the market. However, during the bear market, the loss of holding Woa All is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Woa All Asset has average predictability. Overlapping area represents the amount of predictability between Woa All time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 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 Woa All Asset price movement. The serial correlation of 0.46 indicates that about 46.0% of current Woa All price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Woa All Asset lagged returns against current returns
Autocorrelation, which is Woa All 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 Woa All's mutual fund expected returns. We can calculate the autocorrelation of Woa All returns to help us make a trade decision. For example, suppose you find that Woa All 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 |
Woa All 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 Woa All mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Woa All mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Woa All mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Woa All Lagged Returns
When evaluating Woa All's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Woa All mutual fund have on its future price. Woa All 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, Woa All autocorrelation shows the relationship between Woa All mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Woa All Asset.
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 Woa Mutual Fund
Woa All financial ratios help investors to determine whether Woa 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 Woa with respect to the benefits of owning Woa All security.
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