We consider Westwood LargeCap not too risky. Westwood LargeCap Value
shows Sharpe Ratio of 0.321 which attests that Westwood LargeCap Value
had 0.321% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a fund is to use all available market data together with fund specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Westwood LargeCap Value which you can use to evaluate future volatility of the fund. Please check out Westwood LargeCap Value Market Risk Adjusted Performance
of 0.3839 and Mean Deviation
of 0.2377 to validate if risk estimate we provide are consistent with the epected return of 0.1097%. The entity maintains market beta of 0.2666 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.. Although it is extremely important to respect Westwood LargeCap Value
historical price patterns
, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By examining Westwood LargeCap Value technical indicators
you can presently evaluate if the expected return of 0.1097% will be sustainable into the future.
|15 days auto-correlation|| 0.46 |
Westwood LargeCap Value A has average predictability. Overlapping area represents the amount of predictability between Westwood LargeCap time series from August 26, 2018 to September 10, 2018 and September 10, 2018 to September 25, 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 0.46 indicates that about 46.0% of current Westwood LargeCap price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.15|