Wilmington Broad Market Fund Market Value
| WIBMX Fund | USD 8.72 0.02 0.23% |
| Symbol | Wilmington |
Wilmington Broad '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 Wilmington Broad'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 Wilmington Broad.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Wilmington Broad on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Wilmington Broad Market or generate 0.0% return on investment in Wilmington Broad over 90 days. Wilmington Broad is related to or competes with Oil Gas, Hennessy, Blackrock All-cap, Franklin Natural, Invesco Energy, Short Oil, and Adams Natural. Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in fixed income securiti... More
Wilmington Broad 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 Wilmington Broad'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 Wilmington Broad Market upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.336 | |||
| Information Ratio | 0.3288 | |||
| Maximum Drawdown | 1.41 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.5754 |
Wilmington Broad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington Broad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmington Broad's standard deviation. In reality, there are many statistical measures that can use Wilmington Broad historical prices to predict the future Wilmington Broad's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0332 | |||
| Sortino Ratio | 0.3065 | |||
| Treynor Ratio | 0.1118 |
Wilmington Broad Market Backtested Returns
At this stage we consider Wilmington Mutual Fund to be very steady. Wilmington Broad Market shows Sharpe Ratio of 0.0624, which attests that the fund had a 0.0624 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wilmington Broad Market, which you can use to evaluate the volatility of the fund. Please check out Wilmington Broad's Downside Deviation of 0.336, mean deviation of 0.2398, and Market Risk Adjusted Performance of 0.1218 to validate if the risk estimate we provide is consistent with the expected return of 0.0197%. The entity maintains a market beta of -0.0541, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wilmington Broad are expected to decrease at a much lower rate. During the bear market, Wilmington Broad is likely to outperform the market.
Auto-correlation | -0.02 |
Very weak reverse predictability
Wilmington Broad Market has very weak reverse predictability. Overlapping area represents the amount of predictability between Wilmington Broad time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Wilmington Broad Market price movement. The serial correlation of -0.02 indicates that only 2.0% of current Wilmington Broad price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wilmington Broad Market lagged returns against current returns
Autocorrelation, which is Wilmington Broad 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 Wilmington Broad's mutual fund expected returns. We can calculate the autocorrelation of Wilmington Broad returns to help us make a trade decision. For example, suppose you find that Wilmington Broad 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 |
Wilmington Broad 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 Wilmington Broad mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmington Broad mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilmington Broad mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wilmington Broad Lagged Returns
When evaluating Wilmington Broad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilmington Broad mutual fund have on its future price. Wilmington Broad 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, Wilmington Broad autocorrelation shows the relationship between Wilmington Broad mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wilmington Broad Market.
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 Wilmington Mutual Fund
Wilmington Broad financial ratios help investors to determine whether Wilmington 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 Wilmington with respect to the benefits of owning Wilmington Broad security.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |