Walthausen Small Cap Fund Market Value
| WSCVX Fund | USD 17.44 0.15 0.87% |
| Symbol | Walthausen |
Walthausen Small '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 Walthausen Small'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 Walthausen Small.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Walthausen Small on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Walthausen Small Cap or generate 0.0% return on investment in Walthausen Small over 480 days. Walthausen Small is related to or competes with Amg Southernsun, Wasatch Emerging, Hodges Small, Intrepid Endurance, and Buffalo Emerging. The fund invests primarily in common stocks of small capitalization U.S More
Walthausen Small 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 Walthausen Small'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 Walthausen Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.0222 | |||
| Maximum Drawdown | 6.68 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.5 |
Walthausen Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Walthausen Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Walthausen Small's standard deviation. In reality, there are many statistical measures that can use Walthausen Small historical prices to predict the future Walthausen Small's volatility.| Risk Adjusted Performance | 0.0963 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0278 | |||
| Treynor Ratio | 0.1 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Walthausen Small's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Walthausen Small Cap Backtested Returns
At this stage we consider Walthausen Mutual Fund to be very steady. Walthausen Small Cap shows Sharpe Ratio of 0.094, which attests that the fund had a 0.094% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Walthausen Small Cap, which you can use to evaluate the volatility of the fund. Please check out Walthausen Small's Downside Deviation of 1.07, market risk adjusted performance of 0.11, and Mean Deviation of 0.972 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The entity maintains a market beta of 1.5, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Walthausen Small will likely underperform.
Auto-correlation | 0.18 |
Very weak predictability
Walthausen Small Cap has very weak predictability. Overlapping area represents the amount of predictability between Walthausen Small time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 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 Walthausen Small Cap price movement. The serial correlation of 0.18 indicates that over 18.0% of current Walthausen Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Walthausen Small Cap lagged returns against current returns
Autocorrelation, which is Walthausen Small 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 Walthausen Small's mutual fund expected returns. We can calculate the autocorrelation of Walthausen Small returns to help us make a trade decision. For example, suppose you find that Walthausen Small 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 |
Walthausen Small 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 Walthausen Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Walthausen Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Walthausen Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Walthausen Small Lagged Returns
When evaluating Walthausen Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Walthausen Small mutual fund have on its future price. Walthausen Small 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, Walthausen Small autocorrelation shows the relationship between Walthausen Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Walthausen Small Cap.
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 Walthausen Mutual Fund
Walthausen Small financial ratios help investors to determine whether Walthausen 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 Walthausen with respect to the benefits of owning Walthausen Small security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |