Walden Asset Management Fund Market Value
| WSBFX Fund | USD 23.61 0.07 0.30% |
| Symbol | Walden |
Walden Asset '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 Walden Asset'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 Walden Asset.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Walden Asset on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Walden Asset Management or generate 0.0% return on investment in Walden Asset over 30 days. Walden Asset is related to or competes with Walden Equity, Boston Trust, Ab Concentrated, and Boston Trust. The fund will invest in a diversified portfolio of stocks, bonds and money market instruments, with at least 25 percent ... More
Walden Asset 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 Walden Asset'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 Walden Asset Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4331 | |||
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.35 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.5657 |
Walden Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Walden Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Walden Asset's standard deviation. In reality, there are many statistical measures that can use Walden Asset historical prices to predict the future Walden Asset's volatility.| Risk Adjusted Performance | 0.0512 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | 0.0488 |
Walden Asset Management Backtested Returns
At this stage we consider Walden Mutual Fund to be very steady. Walden Asset Management shows Sharpe Ratio of 0.0525, which attests that the fund had a 0.0525% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Walden Asset Management, which you can use to evaluate the volatility of the fund. Please check out Walden Asset's Market Risk Adjusted Performance of 0.0588, mean deviation of 0.3308, and Downside Deviation of 0.4331 to validate if the risk estimate we provide is consistent with the expected return of 0.0226%. The entity maintains a market beta of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Walden Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Walden Asset is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
Walden Asset Management has average predictability. Overlapping area represents the amount of predictability between Walden Asset 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 Walden Asset Management price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Walden Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Walden Asset Management lagged returns against current returns
Autocorrelation, which is Walden Asset 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 Walden Asset's mutual fund expected returns. We can calculate the autocorrelation of Walden Asset returns to help us make a trade decision. For example, suppose you find that Walden Asset 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 |
Walden Asset 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 Walden Asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Walden Asset mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Walden Asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Walden Asset Lagged Returns
When evaluating Walden Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Walden Asset mutual fund have on its future price. Walden Asset 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, Walden Asset autocorrelation shows the relationship between Walden Asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Walden Asset Management.
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 Walden Mutual Fund
Walden Asset financial ratios help investors to determine whether Walden 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 Walden with respect to the benefits of owning Walden Asset security.
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