Westfield Capital Backtesting

WCDGX -- USA Fund  

USD 12.10  0.02  0.17%

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

Westfield Capital 'What if' Analysis

June 22, 2019
No Change 0.00  0.0%
In 3 months and 1 day
September 20, 2019
If you would invest  0.00  in Westfield Capital on June 22, 2019 and sell it all today you would earn a total of 0.00 from holding Westfield Capital Dividend Grow or generate 0.0% return on investment in Westfield Capital over 90 days. Westfield Capital is related to or competes with American Funds, Investment Company, Investment Company, Investment Company, American Funds, Investment Company, and Investment Company. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings fo...

Westfield Capital Upside/Downside Indicators

Downside Deviation1.1
Information Ratio0.0156
Maximum Drawdown4.29
Value At Risk(1.28)
Potential Upside1.41

Westfield Capital Market Premium Indicators

Risk Adjusted Performance0.0529
Jensen Alpha0.0484
Total Risk Alpha0.0136
Sortino Ratio0.013
Treynor Ratio(0.29)

Westfield Capital Backtested Returns

We consider Westfield Capital not too volatile. Westfield Capital shows Sharpe Ratio of 0.0619 which attests that the fund had 0.0619% of return per unit of risk over the last 3 months. 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 Westfield Capital which you can use to evaluate future volatility of the fund. Please check out Westfield Capital Mean Deviation of 0.6562, Market Risk Adjusted Performance of (0.28) and Downside Deviation of 1.1 to validate if risk estimate we provide are consistent with the epected return of 0.0578%. The entity maintains market beta of -0.153 which attests that as returns on market increase, returns on owning Westfield Capital are expected to decrease at a much smaller rate. During bear market, Westfield Capital is likely to outperform the market. Although it is extremely important to respect Westfield Capital 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 Westfield Capital technical indicators you can presently evaluate if the expected return of 0.0578% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.08 
correlation synergy

Virtually no predictability

Westfield Capital Dividend Grow has virtually no predictability. Overlapping area represents the amount of predictability between Westfield Capital time series from June 22, 2019 to August 6, 2019 and August 6, 2019 to September 20, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Westfield Capital price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Westfield Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.47
Residual Average0.0
Price Variance0.04

Westfield Capital lagged returns against current returns

 Current and Lagged Values 

Westfield Capital regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Westfield Capital Lagged Returns

 Regressed Prices 

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