William Blair International Fund Market Value

WBIRX Fund  USD 30.57  0.09  0.29%   
William Blair's market value is the price at which a share of William Blair trades on a public exchange. It measures the collective expectations of William Blair International investors about its performance. William Blair is trading at 30.57 as of the 29th of March 2024; that is -0.29 percent decrease since the beginning of the trading day. The fund's open price was 30.66.
With this module, you can estimate the performance of a buy and hold strategy of William Blair International and determine expected loss or profit from investing in William Blair over a given investment horizon. Check out William Blair Correlation, William Blair Volatility and William Blair Alpha and Beta module to complement your research on William Blair.
Symbol

Please note, there is a significant difference between William Blair's value and its price as these two are different measures arrived at by different means. Investors typically determine if William Blair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, William Blair'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.

William Blair '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 William Blair'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 William Blair.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in William Blair on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding William Blair International or generate 0.0% return on investment in William Blair over 30 days. William Blair is related to or competes with Scharf Global, Barloworld, Morningstar Unconstrained, SPACE, Via Renewables, T Rowe, and Bondbloxx ETF. The fund normally invests at least 80 percent of its total assets in a diversified portfolio of equity securities, inclu... More

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

William Blair Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for William Blair's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as William Blair's standard deviation. In reality, there are many statistical measures that can use William Blair historical prices to predict the future William Blair's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of William Blair'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.
Hype
Prediction
LowEstimatedHigh
0.000.000.67
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.67
Details
Naive
Forecast
LowNextHigh
29.8830.5431.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.8530.4130.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as William Blair. Your research has to be compared to or analyzed against William Blair's peers to derive any actionable benefits. When done correctly, William Blair'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 William Blair Intern.

William Blair Intern Backtested Returns

We consider William Blair out of control. William Blair Intern shows Sharpe Ratio of 0.19, which attests that the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for William Blair Intern, which you can use to evaluate the volatility of the fund. Please check out William Blair's Downside Deviation of 0.6893, mean deviation of 0.544, and Market Risk Adjusted Performance of 0.1204 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The entity maintains a market beta of 0.95, which attests to possible diversification benefits within a given portfolio. William Blair returns are very sensitive to returns on the market. As the market goes up or down, William Blair is expected to follow.

Auto-correlation

    
  0.41  

Average predictability

William Blair International has average predictability. Overlapping area represents the amount of predictability between William Blair time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 William Blair Intern price movement. The serial correlation of 0.41 indicates that just about 41.0% of current William Blair price fluctuation can be explain by its past prices.
Correlation Coefficient0.41
Spearman Rank Test0.87
Residual Average0.0
Price Variance0.02

William Blair Intern lagged returns against current returns

Autocorrelation, which is William Blair 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 William Blair's mutual fund expected returns. We can calculate the autocorrelation of William Blair returns to help us make a trade decision. For example, suppose you find that William Blair 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  

William Blair 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 William Blair mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if William Blair mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in William Blair mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

William Blair Lagged Returns

When evaluating William Blair's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of William Blair mutual fund have on its future price. William Blair 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, William Blair autocorrelation shows the relationship between William Blair mutual fund current value and its past values and can show if there is a momentum factor associated with investing in William Blair International.
   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.
Check out William Blair Correlation, William Blair Volatility and William Blair Alpha and Beta module to complement your research on William Blair.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running William Blair's price analysis, check to measure William Blair's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy William Blair is operating at the current time. Most of William Blair's value examination focuses on studying past and present price action to predict the probability of William Blair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move William Blair's price. Additionally, you may evaluate how the addition of William Blair to your portfolios can decrease your overall portfolio volatility.
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William Blair technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of William Blair technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of William Blair trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...