Wpg Partners Smallmicro Fund Market Value
| WPGTX Fund | USD 21.95 0.06 0.27% |
| Symbol | Wpg |
Wpg Partners '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 Wpg Partners' 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 Wpg Partners.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Wpg Partners on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Wpg Partners Smallmicro or generate 0.0% return on investment in Wpg Partners over 30 days. Wpg Partners is related to or competes with Boston Partners, Boston Partners, Boston Partners, Rbb Fund, Boston Partners, Wpg Partners, and Rbb Fund. The fund invests at least 80 percent of its net assets in equity securities of U.S More
Wpg Partners 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 Wpg Partners' 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 Wpg Partners Smallmicro upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9146 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.62 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.45 |
Wpg Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wpg Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wpg Partners' standard deviation. In reality, there are many statistical measures that can use Wpg Partners historical prices to predict the future Wpg Partners' volatility.| Risk Adjusted Performance | 0.0518 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0485 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wpg Partners' 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.
Wpg Partners Smallmicro Backtested Returns
At this stage we consider Wpg Mutual Fund to be very steady. Wpg Partners Smallmicro 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. We have found twenty-eight technical indicators for Wpg Partners Smallmicro, which you can use to evaluate the volatility of the fund. Please check out Wpg Partners' Downside Deviation of 0.9146, mean deviation of 0.7034, and Market Risk Adjusted Performance of 0.0585 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The entity maintains a market beta of 1.08, which attests to a somewhat significant risk relative to the market. Wpg Partners returns are very sensitive to returns on the market. As the market goes up or down, Wpg Partners is expected to follow.
Auto-correlation | 0.75 |
Good predictability
Wpg Partners Smallmicro has good predictability. Overlapping area represents the amount of predictability between Wpg Partners time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Wpg Partners Smallmicro price movement. The serial correlation of 0.75 indicates that around 75.0% of current Wpg Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Wpg Partners Smallmicro lagged returns against current returns
Autocorrelation, which is Wpg Partners 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 Wpg Partners' mutual fund expected returns. We can calculate the autocorrelation of Wpg Partners returns to help us make a trade decision. For example, suppose you find that Wpg Partners 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 |
Wpg Partners 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 Wpg Partners mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wpg Partners mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wpg Partners mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wpg Partners Lagged Returns
When evaluating Wpg Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wpg Partners mutual fund have on its future price. Wpg Partners 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, Wpg Partners autocorrelation shows the relationship between Wpg Partners mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wpg Partners Smallmicro.
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 Wpg Mutual Fund
Wpg Partners financial ratios help investors to determine whether Wpg 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 Wpg with respect to the benefits of owning Wpg Partners security.
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