WHG FINVEST (Brazil) Market Value
SPDE11 Fund | 1,238 0.00 0.00% |
Symbol | WHG |
WHG FINVEST '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 WHG FINVEST's 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 WHG FINVEST.
12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in WHG FINVEST on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding WHG FINVEST SP or generate 0.0% return on investment in WHG FINVEST over 30 days.
WHG FINVEST 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 WHG FINVEST's 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 WHG FINVEST SP upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | 0.1346 | |||
Maximum Drawdown | 5.26 | |||
Potential Upside | 0.144 |
WHG FINVEST Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WHG FINVEST's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WHG FINVEST's standard deviation. In reality, there are many statistical measures that can use WHG FINVEST historical prices to predict the future WHG FINVEST's volatility.Risk Adjusted Performance | 0.1515 | |||
Jensen Alpha | 0.1174 | |||
Total Risk Alpha | 0.1053 | |||
Treynor Ratio | 0.2996 |
WHG FINVEST SP Backtested Returns
At this point, WHG FINVEST is very steady. WHG FINVEST SP shows Sharpe Ratio of 0.18, which attests that the fund had a 0.18 % return per unit of volatility over the last 3 months. We have found eighteen technical indicators for WHG FINVEST SP, which you can use to evaluate the volatility of the fund. Please check out WHG FINVEST's Standard Deviation of 0.7645, risk adjusted performance of 0.1515, and Mean Deviation of 0.2619 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The entity maintains a market beta of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WHG FINVEST's returns are expected to increase less than the market. However, during the bear market, the loss of holding WHG FINVEST is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
WHG FINVEST SP has no correlation between past and present. Overlapping area represents the amount of predictability between WHG FINVEST time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 WHG FINVEST SP price movement. The serial correlation of 0.0 indicates that just 0.0% of current WHG FINVEST price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
WHG FINVEST SP lagged returns against current returns
Autocorrelation, which is WHG FINVEST 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 WHG FINVEST's fund expected returns. We can calculate the autocorrelation of WHG FINVEST returns to help us make a trade decision. For example, suppose you find that WHG FINVEST has exhibited high autocorrelation historically, and you observe that the 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 |
WHG FINVEST 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 WHG FINVEST fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WHG FINVEST fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WHG FINVEST fund over time.
Current vs Lagged Prices |
Timeline |
WHG FINVEST Lagged Returns
When evaluating WHG FINVEST's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WHG FINVEST fund have on its future price. WHG FINVEST 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, WHG FINVEST autocorrelation shows the relationship between WHG FINVEST fund current value and its past values and can show if there is a momentum factor associated with investing in WHG FINVEST SP.
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.Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |