Wcm Alternatives Event Driven Fund Market Value
| WCERX Fund | USD 10.48 0.01 0.1% |
| Symbol | Wcm |
Wcm Alternatives '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 Wcm Alternatives' 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 Wcm Alternatives.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in Wcm Alternatives on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding Wcm Alternatives Event Driven or generate 0.0% return on investment in Wcm Alternatives over 30 days. Wcm Alternatives is related to or competes with Guggenheim Macro, Alps/corecommodity, Virtus Westchester, Harding Loevner, and Performance Trust. The fund adviser primarily employs investment strategies designed to capture price movements generated by specific events, including, but not limited to, equity andor debt securities of companies involved in mergers, acquisitions, asset sales or other divestitures, restructurings, refinancings, recapitalizations, reorganizations or other special situations . More
Wcm Alternatives 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 Wcm Alternatives' 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 Wcm Alternatives Event Driven upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 4.7 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.4713 |
Wcm Alternatives Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wcm Alternatives' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wcm Alternatives' standard deviation. In reality, there are many statistical measures that can use Wcm Alternatives historical prices to predict the future Wcm Alternatives' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (1.05) |
Wcm Alternatives Event Backtested Returns
Wcm Alternatives Event shows Sharpe Ratio of -0.0698, which attests that the fund had a -0.0698% return per unit of risk over the last 3 months. Wcm Alternatives Event exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wcm Alternatives' Market Risk Adjusted Performance of (1.04), mean deviation of 0.2472, and Standard Deviation of 0.4915 to validate the risk estimate we provide. The entity maintains a market beta of 0.0357, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wcm Alternatives' returns are expected to increase less than the market. However, during the bear market, the loss of holding Wcm Alternatives is expected to be smaller as well.
Auto-correlation | -0.68 |
Very good reverse predictability
Wcm Alternatives Event Driven has very good reverse predictability. Overlapping area represents the amount of predictability between Wcm Alternatives time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th 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 Wcm Alternatives Event price movement. The serial correlation of -0.68 indicates that around 68.0% of current Wcm Alternatives price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wcm Alternatives Event lagged returns against current returns
Autocorrelation, which is Wcm Alternatives 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 Wcm Alternatives' mutual fund expected returns. We can calculate the autocorrelation of Wcm Alternatives returns to help us make a trade decision. For example, suppose you find that Wcm Alternatives 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 |
Wcm Alternatives 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 Wcm Alternatives mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wcm Alternatives mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wcm Alternatives mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wcm Alternatives Lagged Returns
When evaluating Wcm Alternatives' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wcm Alternatives mutual fund have on its future price. Wcm Alternatives 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, Wcm Alternatives autocorrelation shows the relationship between Wcm Alternatives mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wcm Alternatives Event Driven.
Regressed Prices |
| Timeline |
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Other Information on Investing in Wcm Mutual Fund
Wcm Alternatives financial ratios help investors to determine whether Wcm 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 Wcm with respect to the benefits of owning Wcm Alternatives security.
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