Teton Westwood Small Fund Market Value
| WWSCX Fund | USD 17.77 4.67 20.81% |
| Symbol | Teton |
Teton Westwood '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 Teton Westwood'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 Teton Westwood.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Teton Westwood on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Teton Westwood Small or generate 0.0% return on investment in Teton Westwood over 360 days. Teton Westwood is related to or competes with Calvert Global, Icon Natural, Fidelity Advisor, Hennessy, Franklin Natural, and Energy Basic. The fund normally invests at least 80 percent of its net assets in a portfolio of common stocks of smaller companies More
Teton Westwood 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 Teton Westwood'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 Teton Westwood Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.0073 | |||
| Maximum Drawdown | 7.75 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.2 |
Teton Westwood Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teton Westwood's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teton Westwood's standard deviation. In reality, there are many statistical measures that can use Teton Westwood historical prices to predict the future Teton Westwood's volatility.| Risk Adjusted Performance | 0.0838 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.0854 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Teton Westwood'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.
Teton Westwood Small Backtested Returns
Teton Westwood Small owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0607, which indicates the fund had a -0.0607% return per unit of risk over the last 3 months. Teton Westwood Small exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teton Westwood's Coefficient Of Variation of 960.15, risk adjusted performance of 0.0838, and Semi Deviation of 0.8531 to confirm the risk estimate we provide. The entity has a beta of 1.5, which indicates 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, Teton Westwood will likely underperform.
Auto-correlation | 0.61 |
Good predictability
Teton Westwood Small has good predictability. Overlapping area represents the amount of predictability between Teton Westwood time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 2024 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 Teton Westwood Small price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Teton Westwood price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Teton Westwood Small lagged returns against current returns
Autocorrelation, which is Teton Westwood 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 Teton Westwood's mutual fund expected returns. We can calculate the autocorrelation of Teton Westwood returns to help us make a trade decision. For example, suppose you find that Teton Westwood 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 |
Teton Westwood 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 Teton Westwood mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teton Westwood mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teton Westwood mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Teton Westwood Lagged Returns
When evaluating Teton Westwood's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teton Westwood mutual fund have on its future price. Teton Westwood 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, Teton Westwood autocorrelation shows the relationship between Teton Westwood mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Teton Westwood Small.
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 Teton Mutual Fund
Teton Westwood financial ratios help investors to determine whether Teton 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 Teton with respect to the benefits of owning Teton Westwood security.
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