Wellington Shields All Cap Fund Market Value

WSACX Fund  USD 26.05  0.60  2.36%   
Wellington Shields' market value is the price at which a share of Wellington Shields trades on a public exchange. It measures the collective expectations of Wellington Shields All Cap investors about its performance. Wellington Shields is trading at 26.05 as of the 15th of March 2025; that is 2.36 percent up since the beginning of the trading day. The fund's open price was 25.45.
With this module, you can estimate the performance of a buy and hold strategy of Wellington Shields All Cap and determine expected loss or profit from investing in Wellington Shields over a given investment horizon. Check out Wellington Shields Correlation, Wellington Shields Volatility and Wellington Shields Alpha and Beta module to complement your research on Wellington Shields.
Symbol

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

Wellington Shields '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 Wellington Shields' 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 Wellington Shields.
0.00
12/15/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/15/2025
0.00
If you would invest  0.00  in Wellington Shields on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Wellington Shields All Cap or generate 0.0% return on investment in Wellington Shields over 90 days. Wellington Shields is related to or competes with Principal Lifetime, Aqr Diversified, Harbor Diversified, Global Diversified, and Wells Fargo. The fund invests primarily in equity securities of all market capitalizations More

Wellington Shields 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 Wellington Shields' 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 Wellington Shields All Cap upside and downside potential and time the market with a certain degree of confidence.

Wellington Shields Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wellington Shields' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wellington Shields' standard deviation. In reality, there are many statistical measures that can use Wellington Shields historical prices to predict the future Wellington Shields' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wellington Shields' 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.
Hype
Prediction
LowEstimatedHigh
24.1425.4526.76
Details
Intrinsic
Valuation
LowRealHigh
24.7426.0527.36
Details

Wellington Shields All Backtested Returns

Wellington Shields All shows Sharpe Ratio of -0.18, which attests that the fund had a -0.18 % return per unit of risk over the last 3 months. Wellington Shields All exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wellington Shields' Standard Deviation of 1.28, mean deviation of 0.9664, and Market Risk Adjusted Performance of (0.32) to validate the risk estimate we provide. The entity maintains a market beta of 0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wellington Shields' returns are expected to increase less than the market. However, during the bear market, the loss of holding Wellington Shields is expected to be smaller as well.

Auto-correlation

    
  -0.05  

Very weak reverse predictability

Wellington Shields All Cap has very weak reverse predictability. Overlapping area represents the amount of predictability between Wellington Shields 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 Wellington Shields All price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Wellington Shields price fluctuation can be explain by its past prices.
Correlation Coefficient-0.05
Spearman Rank Test0.02
Residual Average0.0
Price Variance1.15

Wellington Shields All lagged returns against current returns

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

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

Wellington Shields Lagged Returns

When evaluating Wellington Shields' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wellington Shields mutual fund have on its future price. Wellington Shields 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, Wellington Shields autocorrelation shows the relationship between Wellington Shields mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wellington Shields All Cap.
   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 Wellington Mutual Fund

Wellington Shields financial ratios help investors to determine whether Wellington 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 Wellington with respect to the benefits of owning Wellington Shields security.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities