West Loop Realty Fund Market Value
| REICX Fund | USD 14.59 0.11 0.75% |
| Symbol | West |
West Loop '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 West Loop'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 West Loop.
| 10/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in West Loop on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding West Loop Realty or generate 0.0% return on investment in West Loop over 60 days. West Loop is related to or competes with Guggenheim Risk, Guggenheim Risk, Real Estate, and Simt Us. The fund will pursue its investment objective by investing at least 80 percent of its net assets in income-producing equ... More
West Loop 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 West Loop'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 West Loop Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9091 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.3 |
West Loop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for West Loop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as West Loop's standard deviation. In reality, there are many statistical measures that can use West Loop historical prices to predict the future West Loop's volatility.| Risk Adjusted Performance | 0.0071 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of West Loop'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.
West Loop Realty Backtested Returns
At this stage we consider West Mutual Fund to be very steady. West Loop Realty shows Sharpe Ratio of 6.0E-4, which attests that the fund had a 6.0E-4% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for West Loop Realty, which you can use to evaluate the volatility of the fund. Please check out West Loop's Market Risk Adjusted Performance of (0.1), mean deviation of 0.701, and Downside Deviation of 0.9091 to validate if the risk estimate we provide is consistent with the expected return of 5.0E-4%. The entity maintains a market beta of 0.031, which attests to not very significant fluctuations relative to the market. As returns on the market increase, West Loop's returns are expected to increase less than the market. However, during the bear market, the loss of holding West Loop is expected to be smaller as well.
Auto-correlation | -0.23 |
Weak reverse predictability
West Loop Realty has weak reverse predictability. Overlapping area represents the amount of predictability between West Loop time series from 5th of October 2024 to 4th of November 2024 and 4th of November 2024 to 4th of December 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 West Loop Realty price movement. The serial correlation of -0.23 indicates that over 23.0% of current West Loop price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
West Loop Realty lagged returns against current returns
Autocorrelation, which is West Loop 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 West Loop's mutual fund expected returns. We can calculate the autocorrelation of West Loop returns to help us make a trade decision. For example, suppose you find that West Loop 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 |
West Loop 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 West Loop mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if West Loop mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in West Loop mutual fund over time.
Current vs Lagged Prices |
| Timeline |
West Loop Lagged Returns
When evaluating West Loop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of West Loop mutual fund have on its future price. West Loop 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, West Loop autocorrelation shows the relationship between West Loop mutual fund current value and its past values and can show if there is a momentum factor associated with investing in West Loop Realty.
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 West Mutual Fund
West Loop financial ratios help investors to determine whether West 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 West with respect to the benefits of owning West Loop security.
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