Wilmington Global Alpha Fund Market Value
| WRAAX Fund | USD 13.18 0.07 0.53% |
| Symbol | Wilmington |
Wilmington Global '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 Global'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 Global.
| 02/07/2025 |
| 03/09/2025 |
If you would invest 0.00 in Wilmington Global on February 7, 2025 and sell it all today you would earn a total of 0.00 from holding Wilmington Global Alpha or generate 0.0% return on investment in Wilmington Global over 30 days. Wilmington Global is related to or competes with Jhancock Diversified, Fidelity Advisor, Delaware Limited, Goldman Sachs, Global Diversified, and American Century. The investment seeks to achieve long-term growth of capital with lower volatility than broader equity markets More
Wilmington Global 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 Global'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 Global Alpha upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4085 | |||
| Information Ratio | 0.2223 | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.5393 |
Wilmington Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmington Global's standard deviation. In reality, there are many statistical measures that can use Wilmington Global historical prices to predict the future Wilmington Global's volatility.| Risk Adjusted Performance | 0.0113 | |||
| Jensen Alpha | 0.0067 | |||
| Total Risk Alpha | 0.0331 | |||
| Sortino Ratio | 0.186 | |||
| Treynor Ratio | 0.0068 |
Wilmington Global Alpha Backtested Returns
At this stage we consider Wilmington Mutual Fund to be very steady. Wilmington Global Alpha shows Sharpe Ratio of 0.0309, which attests that the fund had a 0.0309 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wilmington Global Alpha, which you can use to evaluate the volatility of the fund. Please check out Wilmington Global's Downside Deviation of 0.4085, mean deviation of 0.2521, and Market Risk Adjusted Performance of 0.0168 to validate if the risk estimate we provide is consistent with the expected return of 0.0106%. The entity maintains a market beta of 0.0816, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wilmington Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wilmington Global is expected to be smaller as well.
Auto-correlation | -0.08 |
Very weak reverse predictability
Wilmington Global Alpha has very weak reverse predictability. Overlapping area represents the amount of predictability between Wilmington Global time series from 7th of February 2025 to 22nd of February 2025 and 22nd of February 2025 to 9th of March 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 Wilmington Global Alpha price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Wilmington Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wilmington Global Alpha lagged returns against current returns
Autocorrelation, which is Wilmington Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Wilmington Global returns to help us make a trade decision. For example, suppose you find that Wilmington Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmington Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wilmington Global Lagged Returns
When evaluating Wilmington Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilmington Global mutual fund have on its future price. Wilmington Global 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 Global autocorrelation shows the relationship between Wilmington Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wilmington Global Alpha.
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 Global 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 Global security.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |