Wilmington International Fund Market Value

WINAX Fund  USD 9.27  0.07  0.76%   
Wilmington International's market value is the price at which a share of Wilmington International trades on a public exchange. It measures the collective expectations of Wilmington International Fund investors about its performance. Wilmington International is trading at 9.27 as of the 5th of December 2024; that is 0.76 percent up since the beginning of the trading day. The fund's open price was 9.2.
With this module, you can estimate the performance of a buy and hold strategy of Wilmington International Fund and determine expected loss or profit from investing in Wilmington International over a given investment horizon. Check out Wilmington International Correlation, Wilmington International Volatility and Wilmington International Alpha and Beta module to complement your research on Wilmington International.
Symbol

Please note, there is a significant difference between Wilmington International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wilmington International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wilmington International'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 International '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 International'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 International.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Wilmington International on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Wilmington International Fund or generate 0.0% return on investment in Wilmington International over 30 days. Wilmington International is related to or competes with Rbc Microcap, Qs Us, Bbh Intermediate, Rbb Fund, and Materials Portfolio. The fund seeks to achieve its investment goal by investing, under normal circumstances, at least 80 percent of the value... More

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

Wilmington International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmington International's standard deviation. In reality, there are many statistical measures that can use Wilmington International historical prices to predict the future Wilmington International's volatility.
Hype
Prediction
LowEstimatedHigh
8.539.2710.01
Details
Intrinsic
Valuation
LowRealHigh
8.248.989.72
Details
Naive
Forecast
LowNextHigh
8.589.3210.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.129.199.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wilmington International. Your research has to be compared to or analyzed against Wilmington International's peers to derive any actionable benefits. When done correctly, Wilmington International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wilmington International.

Wilmington International Backtested Returns

At this stage we consider Wilmington Mutual Fund to be very steady. Wilmington International shows Sharpe Ratio of 0.0316, which attests that the fund had a 0.0316% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Wilmington International, which you can use to evaluate the volatility of the fund. Please check out Wilmington International's Mean Deviation of 0.6032, market risk adjusted performance of (9.58), and Standard Deviation of 0.7819 to validate if the risk estimate we provide is consistent with the expected return of 0.0234%. The entity maintains a market beta of 0.0041, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wilmington International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wilmington International is expected to be smaller as well.

Auto-correlation

    
  -0.78  

Almost perfect reverse predictability

Wilmington International Fund has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Wilmington International time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Wilmington International price movement. The serial correlation of -0.78 indicates that around 78.0% of current Wilmington International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.78
Spearman Rank Test-0.76
Residual Average0.0
Price Variance0.0

Wilmington International lagged returns against current returns

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

Wilmington International Lagged Returns

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

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Other Information on Investing in Wilmington Mutual Fund

Wilmington International 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 International security.
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