Wcm Quality Dividend Fund Market Value
| WCMYX Fund | 10.16 0.06 0.59% |
| Symbol | Wcm |
Wcm Quality '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 Quality'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 Wcm Quality.
| 12/06/2024 |
| 01/05/2025 |
If you would invest 0.00 in Wcm Quality on December 6, 2024 and sell it all today you would earn a total of 0.00 from holding Wcm Quality Dividend or generate 0.0% return on investment in Wcm Quality over 30 days. Wcm Quality is related to or competes with Vanguard Value, Dodge Cox, American Mutual, Dodge Cox, and Vanguard Value. Under normal circumstances, the fund will invest at least 80 percent of its net assets in the equity securities of U.S More
Wcm Quality 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 Quality'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 Wcm Quality Dividend upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.63 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.8326 |
Wcm Quality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wcm Quality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wcm Quality's standard deviation. In reality, there are many statistical measures that can use Wcm Quality historical prices to predict the future Wcm Quality's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.66) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wcm Quality'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.
Wcm Quality Dividend Backtested Returns
Wcm Quality Dividend shows Sharpe Ratio of -0.13, which attests that the fund had a -0.13% return per unit of risk over the last 3 months. Wcm Quality Dividend exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wcm Quality's Mean Deviation of 0.4745, market risk adjusted performance of (0.65), and Standard Deviation of 0.6698 to validate the risk estimate we provide. The entity maintains a market beta of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wcm Quality's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wcm Quality is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Wcm Quality Dividend has below average predictability. Overlapping area represents the amount of predictability between Wcm Quality time series from 6th of December 2024 to 21st of December 2024 and 21st of December 2024 to 5th 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 Quality Dividend price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Wcm Quality price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wcm Quality Dividend lagged returns against current returns
Autocorrelation, which is Wcm Quality 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 Quality's mutual fund expected returns. We can calculate the autocorrelation of Wcm Quality returns to help us make a trade decision. For example, suppose you find that Wcm Quality 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 Quality 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 Quality mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wcm Quality 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 Quality mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wcm Quality Lagged Returns
When evaluating Wcm Quality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wcm Quality mutual fund have on its future price. Wcm Quality 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 Quality autocorrelation shows the relationship between Wcm Quality mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wcm Quality Dividend.
Regressed Prices |
| Timeline |
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Other Information on Investing in Wcm Mutual Fund
Wcm Quality 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 Quality security.
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| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
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