Wasatch Frontier Emerging Fund Market Value
| WIFMX Fund | USD 3.21 0.05 1.58% |
| Symbol | Wasatch |
Wasatch Frontier '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 Wasatch Frontier'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 Wasatch Frontier.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Wasatch Frontier on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Wasatch Frontier Emerging or generate 0.0% return on investment in Wasatch Frontier over 720 days. Wasatch Frontier is related to or competes with Wasatch Emerging, Wasatch International, Wasatch Global, Wasatch Micro, and Harding Loevner. The fund invests primarily in the equity securities of companies of all market capitalizations that are tied economicall... More
Wasatch Frontier 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 Wasatch Frontier'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 Wasatch Frontier Emerging upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7095 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.7 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.2 |
Wasatch Frontier Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Frontier's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch Frontier's standard deviation. In reality, there are many statistical measures that can use Wasatch Frontier historical prices to predict the future Wasatch Frontier's volatility.| Risk Adjusted Performance | 0.0075 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wasatch Frontier'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.
Wasatch Frontier Emerging Backtested Returns
We consider Wasatch Frontier not too volatile. Wasatch Frontier Emerging shows Sharpe Ratio of 0.0314, which attests that the fund had a 0.0314% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wasatch Frontier Emerging, which you can use to evaluate the volatility of the fund. Please check out Wasatch Frontier's Market Risk Adjusted Performance of (0), downside deviation of 0.7095, and Mean Deviation of 0.55 to validate if the risk estimate we provide is consistent with the expected return of 0.0228%. The entity maintains a market beta of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wasatch Frontier's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wasatch Frontier is expected to be smaller as well.
Auto-correlation | 0.26 |
Poor predictability
Wasatch Frontier Emerging has poor predictability. Overlapping area represents the amount of predictability between Wasatch Frontier time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 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 Wasatch Frontier Emerging price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Wasatch Frontier price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Wasatch Frontier Emerging lagged returns against current returns
Autocorrelation, which is Wasatch Frontier 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 Wasatch Frontier's mutual fund expected returns. We can calculate the autocorrelation of Wasatch Frontier returns to help us make a trade decision. For example, suppose you find that Wasatch Frontier 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 |
Wasatch Frontier 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 Wasatch Frontier mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch Frontier mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wasatch Frontier mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wasatch Frontier Lagged Returns
When evaluating Wasatch Frontier's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch Frontier mutual fund have on its future price. Wasatch Frontier 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, Wasatch Frontier autocorrelation shows the relationship between Wasatch Frontier mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch Frontier 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 Wasatch Frontier 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, Wasatch Frontier's short interest history, or implied volatility extrapolated from Wasatch Frontier options trading.
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 Wasatch Frontier Correlation, Wasatch Frontier Volatility and Wasatch Frontier Alpha and Beta module to complement your research on Wasatch Frontier. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Wasatch Frontier 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.