Wasatch E Growth Fund Market Value

WGROX Fund  USD 106.51  0.22  0.21%   
Wasatch Core's market value is the price at which a share of Wasatch Core trades on a public exchange. It measures the collective expectations of Wasatch E Growth investors about its performance. Wasatch Core is trading at 106.51 as of the 5th of December 2024; that is 0.21 percent down since the beginning of the trading day. The fund's open price was 106.73.
With this module, you can estimate the performance of a buy and hold strategy of Wasatch E Growth and determine expected loss or profit from investing in Wasatch Core over a given investment horizon. Check out Wasatch Core Correlation, Wasatch Core Volatility and Wasatch Core Alpha and Beta module to complement your research on Wasatch Core.
Symbol

Please note, there is a significant difference between Wasatch Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wasatch Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wasatch Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Wasatch Core '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 Wasatch Core'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 Wasatch Core.
0.00
12/11/2023
No Change 0.00  0.0 
In 11 months and 27 days
12/05/2024
0.00
If you would invest  0.00  in Wasatch Core on December 11, 2023 and sell it all today you would earn a total of 0.00 from holding Wasatch E Growth or generate 0.0% return on investment in Wasatch Core over 360 days. Wasatch Core is related to or competes with Wasatch Small, Wasatch Small, Wasatch Micro, Wasatch Ultra, and Pear Tree. The fund invests primarily in smaller growing companies at reasonable prices More

Wasatch Core 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 Wasatch Core'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 Wasatch E Growth upside and downside potential and time the market with a certain degree of confidence.

Wasatch Core Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch Core's standard deviation. In reality, there are many statistical measures that can use Wasatch Core historical prices to predict the future Wasatch Core's volatility.
Hype
Prediction
LowEstimatedHigh
105.14106.19107.24
Details
Intrinsic
Valuation
LowRealHigh
95.86113.45114.50
Details

Wasatch E Growth Backtested Returns

Wasatch Core appears to be very steady, given 3 months investment horizon. Wasatch E Growth shows Sharpe Ratio of 0.26, which attests that the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wasatch E Growth, which you can use to evaluate the volatility of the fund. Please utilize Wasatch Core's Market Risk Adjusted Performance of 0.1995, downside deviation of 0.8232, and Mean Deviation of 0.7823 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of 1.25, which attests to 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, Wasatch Core will likely underperform.

Auto-correlation

    
  0.19  

Very weak predictability

Wasatch E Growth has very weak predictability. Overlapping area represents the amount of predictability between Wasatch Core time series from 11th of December 2023 to 8th of June 2024 and 8th of June 2024 to 5th 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 Wasatch E Growth price movement. The serial correlation of 0.19 indicates that over 19.0% of current Wasatch Core price fluctuation can be explain by its past prices.
Correlation Coefficient0.19
Spearman Rank Test0.2
Residual Average0.0
Price Variance37.8

Wasatch E Growth lagged returns against current returns

Autocorrelation, which is Wasatch Core 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 Wasatch Core's mutual fund expected returns. We can calculate the autocorrelation of Wasatch Core returns to help us make a trade decision. For example, suppose you find that Wasatch Core 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  

Wasatch Core 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 Wasatch Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wasatch Core mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Wasatch Core Lagged Returns

When evaluating Wasatch Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch Core mutual fund have on its future price. Wasatch Core 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, Wasatch Core autocorrelation shows the relationship between Wasatch Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch E Growth.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Wasatch Mutual Fund

Wasatch Core financial ratios help investors to determine whether Wasatch 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 Wasatch with respect to the benefits of owning Wasatch Core security.
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