Wilmington Global Alpha Fund Market Value

WRAIX Fund  USD 13.48  0.09  0.67%   
Wilmington Global's market value is the price at which a share of Wilmington Global trades on a public exchange. It measures the collective expectations of Wilmington Global Alpha investors about its performance. Wilmington Global is trading at 13.48 as of the 1st of March 2025; that is 0.67 percent up since the beginning of the trading day. The fund's open price was 13.39.
With this module, you can estimate the performance of a buy and hold strategy of Wilmington Global Alpha and determine expected loss or profit from investing in Wilmington Global over a given investment horizon. Check out Wilmington Global Correlation, Wilmington Global Volatility and Wilmington Global Alpha and Beta module to complement your research on Wilmington Global.
Symbol

Please note, there is a significant difference between Wilmington Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wilmington Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wilmington Global'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.

Wilmington Global '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 Global'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 Global.
0.00
03/12/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/01/2025
0.00
If you would invest  0.00  in Wilmington Global on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Wilmington Global Alpha or generate 0.0% return on investment in Wilmington Global over 720 days. Wilmington Global is related to or competes with Msift High, Pace High, Siit High, Mainstay High, and Gmo High. The fund invests at least 80, under normal circumstances, of the value of its net assets in equity securities More

Wilmington Global 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 Global'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 Global Alpha upside and downside potential and time the market with a certain degree of confidence.

Wilmington Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmington Global's standard deviation. In reality, there are many statistical measures that can use Wilmington Global historical prices to predict the future Wilmington Global's volatility.
Hype
Prediction
LowEstimatedHigh
13.1613.4813.80
Details
Intrinsic
Valuation
LowRealHigh
13.1213.4413.76
Details

Wilmington Global Alpha Backtested Returns

At this stage we consider Wilmington Mutual Fund to be very steady. Wilmington Global Alpha shows Sharpe Ratio of 0.013, which attests that the fund had a 0.013 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wilmington Global Alpha, which you can use to evaluate the volatility of the fund. Please check out Wilmington Global's Downside Deviation of 0.359, market risk adjusted performance of 0.0159, and Mean Deviation of 0.2234 to validate if the risk estimate we provide is consistent with the expected return of 0.0042%. The entity maintains a market beta of 0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wilmington Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wilmington Global is expected to be smaller as well.

Auto-correlation

    
  0.72  

Good predictability

Wilmington Global Alpha has good predictability. Overlapping area represents the amount of predictability between Wilmington Global time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Global Alpha price movement. The serial correlation of 0.72 indicates that around 72.0% of current Wilmington Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.72
Spearman Rank Test0.8
Residual Average0.0
Price Variance0.11

Wilmington Global Alpha lagged returns against current returns

Autocorrelation, which is Wilmington Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Wilmington Global returns to help us make a trade decision. For example, suppose you find that Wilmington Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmington Global 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 Global mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Wilmington Global Lagged Returns

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

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Other Information on Investing in Wilmington Mutual Fund

Wilmington Global 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 Global security.
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