Westwood LargeCap Backtesting

Westwood LargeCap Value A -- USA Fund  

USD 13.28  0.11  0.84%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Westwood LargeCap Value A and determine expected loss or profit from investing in Westwood LargeCap over given investment horizon. See also Westwood LargeCap Hype Analysis, Westwood LargeCap Correlation, Portfolio Optimization, Westwood LargeCap Volatility as well as analyze Westwood LargeCap Alpha and Beta and Westwood LargeCap Performance
 Time Horizon     30 Days    Login   to change

Westwood LargeCap 'What if' Analysis

January 23, 2018
No Change 0.00  0.0%
In 31 days
February 22, 2018
If you would invest  0.00  in Westwood LargeCap on January 23, 2018 and sell it all today you would earn a total of 0.00 from holding Westwood LargeCap Value A or generate 0.0% return on investment in Westwood LargeCap over 30 days. Westwood LargeCap is related to or competes with American Funds, American Funds, American Funds, and Fidelity Total. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p...

Westwood LargeCap Upside/Downside Indicators


Westwood LargeCap Market Premium Indicators

Westwood LargeCap Value lagged returns against current returns

 Current and Lagged Values 

Westwood LargeCap regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Westwood LargeCap Value Backtested Returns

Macroaxis considers Westwood LargeCap to be not very risky. Westwood LargeCap Value shows Sharpe Ratio of -0.1723 which attests that Westwood LargeCap Value had -0.1723% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Westwood LargeCap Value exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Westwood LargeCap Value Market Risk Adjusted Performance of 0.40 and Mean Deviation of 0.7235 to validate risk estimate we provide. The entity maintains market beta of 0.3568 which attests that as returns on market increase, Westwood LargeCap returns are expected to increase less than the market. However during bear market, the loss on holding Westwood LargeCap will be expected to be smaller as well.. Even though it is essential to pay attention to Westwood LargeCap Value historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Westwood LargeCap Value exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.16 

Very weak predictability

Westwood LargeCap Value A has very weak predictability. Overlapping area represents the amount of predictability between Westwood LargeCap time series from January 23, 2018 to February 7, 2018 and February 7, 2018 to February 22, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Westwood LargeCap Value price movement. The serial correlation of 0.16 indicates that over 16.0% of current Westwood LargeCap price fluctuation can be explain by its past prices.
Correlation Coefficient 0.16
Spearman Rank Test -0.38
Price Variance 0.01
Average Price 13.12

Westwood LargeCap Lagged Returns

 Regressed Prices 

Westwood LargeCap Performance vs DOW

The median price of Westwood LargeCap for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 13.59 with a coefficient of variation of 2.4. The daily time series for the period is distributed with a sample standard deviation of 0.32, arithmetic mean of 13.45, and mean deviation of 0.29. The Fund did not receive any noticable media coverage during the period.
Price Growth (%)