Wp Large Cap Fund Market Value
| WPLCX Fund | USD 15.43 0.48 3.02% |
| Symbol | WPLCX |
Wp Large '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 Wp Large'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 Wp Large.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in Wp Large on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding Wp Large Cap or generate 0.0% return on investment in Wp Large over 720 days. Wp Large is related to or competes with Leland Thomson, Nasdaq 100, Emerald Banking, Nasdaq 100, and Emerald Banking. The fund will invest at least 80 percent of its total assets in large cap domestic equity securities and exchange traded... More
Wp Large 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 Wp Large'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 Wp Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.769 | |||
| Information Ratio | 0.1273 | |||
| Maximum Drawdown | 6.4 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.75 |
Wp Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wp Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wp Large's standard deviation. In reality, there are many statistical measures that can use Wp Large historical prices to predict the future Wp Large's volatility.| Risk Adjusted Performance | 0.1259 | |||
| Jensen Alpha | 0.1507 | |||
| Total Risk Alpha | 0.1258 | |||
| Sortino Ratio | 0.171 | |||
| Treynor Ratio | (35.86) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wp Large's 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.
Wp Large Cap Backtested Returns
At this stage we consider WPLCX Mutual Fund to be very steady. Wp Large Cap retains Efficiency (Sharpe Ratio) of 0.0747, which attests that the fund had a 0.0747% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Wp Large, which you can use to evaluate the volatility of the fund. Please check out Wp Large's standard deviation of 1.03, and Market Risk Adjusted Performance of (35.85) to validate if the risk estimate we provide is consistent with the expected return of 0.0817%. The entity owns a Beta (Systematic Risk) of -0.0042, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wp Large are expected to decrease at a much lower rate. During the bear market, Wp Large is likely to outperform the market.
Auto-correlation | 0.83 |
Very good predictability
Wp Large Cap has very good predictability. Overlapping area represents the amount of predictability between Wp Large time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th 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 Wp Large Cap price movement. The serial correlation of 0.83 indicates that around 83.0% of current Wp Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
Wp Large Cap lagged returns against current returns
Autocorrelation, which is Wp Large 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 Wp Large's mutual fund expected returns. We can calculate the autocorrelation of Wp Large returns to help us make a trade decision. For example, suppose you find that Wp Large 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 |
Wp Large 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 Wp Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wp Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wp Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wp Large Lagged Returns
When evaluating Wp Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wp Large mutual fund have on its future price. Wp Large 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, Wp Large autocorrelation shows the relationship between Wp Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wp Large 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 WPLCX Mutual Fund
Wp Large financial ratios help investors to determine whether WPLCX 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 WPLCX with respect to the benefits of owning Wp Large security.
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