William Blair Emerging Fund Market Value
| WESNX Fund | USD 20.58 0.24 1.15% |
| Symbol | William |
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.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in William Blair on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding William Blair Emerging or generate 0.0% return on investment in William Blair over 30 days. William Blair is related to or competes with Guggenheim Risk, and Rainier International. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of emerging ... 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 Emerging upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.691 | |||
| Information Ratio | 0.018 | |||
| Maximum Drawdown | 2.97 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.03 |
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.| Risk Adjusted Performance | 0.084 | |||
| Jensen Alpha | 0.0706 | |||
| Total Risk Alpha | 0.0091 | |||
| Sortino Ratio | 0.0169 | |||
| Treynor Ratio | 0.7985 |
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.
William Blair Emerging Backtested Returns
We consider William Blair very steady. William Blair Emerging shows Sharpe Ratio of 0.0787, which attests that the fund had a 0.0787% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for William Blair Emerging, which you can use to evaluate the volatility of the fund. Please check out William Blair's Mean Deviation of 0.5235, market risk adjusted performance of 0.8085, and Downside Deviation of 0.691 to validate if the risk estimate we provide is consistent with the expected return of 0.0523%. The entity maintains a market beta of 0.0963, which attests to not very significant fluctuations relative to the market. As returns on the market increase, William Blair's returns are expected to increase less than the market. However, during the bear market, the loss of holding William Blair is expected to be smaller as well.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
William Blair Emerging has almost perfect reverse predictability. Overlapping area represents the amount of predictability between William Blair time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 Emerging price movement. The serial correlation of -0.75 indicates that around 75.0% of current William Blair price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
William Blair Emerging 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 Emerging.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards William Blair in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, William Blair's short interest history, or implied volatility extrapolated from William Blair options trading.
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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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.