Wanger Usa Wanger Fund Market Value
| WUSAX Fund | USD 15.94 0.26 1.66% |
| Symbol | Wanger |
Wanger Usa '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 Wanger Usa'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 Wanger Usa.
| 09/24/2024 |
| 01/22/2025 |
If you would invest 0.00 in Wanger Usa on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Wanger Usa Wanger or generate 0.0% return on investment in Wanger Usa over 120 days. Wanger Usa is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Wanger Usa is entity of United States. It is traded as Fund on NMFQS exchange. More
Wanger Usa 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 Wanger Usa'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 Wanger Usa Wanger upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.0047 | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.72 |
Wanger Usa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wanger Usa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wanger Usa's standard deviation. In reality, there are many statistical measures that can use Wanger Usa historical prices to predict the future Wanger Usa's volatility.| Risk Adjusted Performance | 0.0329 | |||
| Jensen Alpha | 0.0277 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.004 | |||
| Treynor Ratio | 0.192 |
Wanger Usa Wanger Backtested Returns
At this stage we consider Wanger Mutual Fund to be very steady. Wanger Usa Wanger shows Sharpe Ratio of 0.0867, which attests that the fund had a 0.0867 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wanger Usa Wanger, which you can use to evaluate the volatility of the fund. Please check out Wanger Usa's Downside Deviation of 1.38, market risk adjusted performance of 0.202, and Mean Deviation of 0.8542 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The entity maintains a market beta of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wanger Usa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wanger Usa is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
Wanger Usa Wanger has modest reverse predictability. Overlapping area represents the amount of predictability between Wanger Usa time series from 24th of September 2024 to 23rd of November 2024 and 23rd of November 2024 to 22nd of January 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 Wanger Usa Wanger price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Wanger Usa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Wanger Usa Wanger lagged returns against current returns
Autocorrelation, which is Wanger Usa 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 Wanger Usa's mutual fund expected returns. We can calculate the autocorrelation of Wanger Usa returns to help us make a trade decision. For example, suppose you find that Wanger Usa 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 |
Wanger Usa 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 Wanger Usa mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wanger Usa mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wanger Usa mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wanger Usa Lagged Returns
When evaluating Wanger Usa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wanger Usa mutual fund have on its future price. Wanger Usa 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, Wanger Usa autocorrelation shows the relationship between Wanger Usa mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wanger Usa Wanger.
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 Wanger Mutual Fund
Wanger Usa financial ratios help investors to determine whether Wanger 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 Wanger with respect to the benefits of owning Wanger Usa security.
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