Wilmington Large Cap Strategy Fund Market Value
| WMLIX Fund | USD 28.82 0.06 0.21% |
| Symbol | Wilmington |
Wilmington Large '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 Wilmington Large'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 Wilmington Large.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Wilmington Large on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Wilmington Large Cap Strategy or generate 0.0% return on investment in Wilmington Large over 30 days. Wilmington Large is related to or competes with Wilmington Multi, Ab Concentrated, T Rowe, T Rowe, and Invesco Disciplined. Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in a diversified portfol... More
Wilmington Large 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 Wilmington Large'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 Wilmington Large Cap Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8198 | |||
| Information Ratio | 0.0142 | |||
| Maximum Drawdown | 4.73 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.11 |
Wilmington Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmington Large's standard deviation. In reality, there are many statistical measures that can use Wilmington Large historical prices to predict the future Wilmington Large's volatility.| Risk Adjusted Performance | 0.0658 | |||
| Jensen Alpha | 0.0117 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0133 | |||
| Treynor Ratio | 0.0704 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wilmington Large'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.
Wilmington Large Cap Backtested Returns
We consider Wilmington Large very steady. Wilmington Large Cap shows Sharpe Ratio of 0.0712, which attests that the fund had a 0.0712% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wilmington Large Cap, which you can use to evaluate the volatility of the fund. Please check out Wilmington Large's Market Risk Adjusted Performance of 0.0804, downside deviation of 0.8198, and Mean Deviation of 0.5724 to validate if the risk estimate we provide is consistent with the expected return of 0.0544%. The entity maintains a market beta of 0.99, which attests to possible diversification benefits within a given portfolio. Wilmington Large returns are very sensitive to returns on the market. As the market goes up or down, Wilmington Large is expected to follow.
Auto-correlation | 0.64 |
Good predictability
Wilmington Large Cap Strategy has good predictability. Overlapping area represents the amount of predictability between Wilmington Large time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Wilmington Large Cap price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Wilmington Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Wilmington Large Cap lagged returns against current returns
Autocorrelation, which is Wilmington Large 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 Wilmington Large's mutual fund expected returns. We can calculate the autocorrelation of Wilmington Large returns to help us make a trade decision. For example, suppose you find that Wilmington Large 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 |
Wilmington Large 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 Wilmington Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmington Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilmington Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wilmington Large Lagged Returns
When evaluating Wilmington Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilmington Large mutual fund have on its future price. Wilmington Large 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, Wilmington Large autocorrelation shows the relationship between Wilmington Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wilmington Large Cap Strategy.
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 Wilmington Large Correlation, Wilmington Large Volatility and Wilmington Large Alpha and Beta module to complement your research on Wilmington Large. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Wilmington Large 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.