Westfield Capital Backtesting

WCDGX -- USA Fund  

USD 11.84  0.19  1.63%

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
SymbolX
Backtest

Westfield Capital 'What if' Analysis

June 24, 2019
0.00
No Change 0.00  0.0%
In 2 months and 2 days
August 23, 2019
0.00
If you would invest  0.00  in Westfield Capital on June 24, 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 60 days. Westfield Capital is related to or competes with Vanguard Institutional, Washington Mutual, Washington Mutual, Washington Mutual, Washington Mutual, Washington Mutual, and Washington Mutual. 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 Deviation1.97
Information Ratio0.0503
Maximum Drawdown7.47
Value At Risk(2.15)
Potential Upside1.64

Westfield Capital Market Premium Indicators

Risk Adjusted Performance0.0294
Jensen Alpha0.1005
Total Risk Alpha0.1114
Sortino Ratio0.0401
Treynor Ratio0.0225

Westfield Capital Backtested Returns

We consider Westfield Capital somewhat reliable. Westfield Capital shows Sharpe Ratio of 0.0271 which attests that the fund had 0.0271% of return per unit of risk over the last 2 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 Downside Deviation of 1.97, Mean Deviation of 1.01 and Market Risk Adjusted Performance of 0.0325 to validate if risk estimate we provide are consistent with the epected return of 0.0421%. The entity maintains market beta of 1.4702 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Westfield Capital will likely underperform. 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 0.0421% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.55) 
correlation synergy

Good reverse predictability

Westfield Capital Dividend Grow has good reverse predictability. Overlapping area represents the amount of predictability between Westfield Capital time series from June 24, 2019 to July 24, 2019 and July 24, 2019 to August 23, 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 -0.55 indicates that about 55.0% of current Westfield Capital price fluctuation can be explain by its past prices. Given that Westfield Capital Dividend Grow has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Westfield Capital for similar time interval.
Correlation Coefficient-0.55
Spearman Rank Test-0.27
Residual Average0.0
Price Variance0.07

Westfield Capital lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Westfield Capital regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Westfield Capital Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - WCDGX

Westfield Capital Investor Sentiment

Macroaxis portfolio users are unemotional in their outlook on investing in Westfield Capital Dividend Grow. What is your outlook on investing in Westfield Capital Dividend Grow? Are you bullish or bearish?
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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. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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