Westfield Capital Risk Analysis And Volatility

WCDGX -- USA Fund  

USD 11.99  0.09  0.74%

We consider Westfield Capital not too volatile. Westfield Capital shows Sharpe Ratio of 0.0486 which attests that the fund had 0.0486% 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 0.6561, Market Risk Adjusted Performance of (0.55) and Downside Deviation of 1.11 to validate if risk estimate we provide are consistent with the epected return of 0.0452%.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very low

90 Days Economic Sensitivity

Moves indifferently to market moves
Horizon     30 Days    Login   to change

Westfield Capital Market Sensitivity

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.
3 Months Beta |Analyze Westfield Capital Demand Trend
Check current 30 days Westfield Capital correlation with market (DOW)
β = -0.0512

Westfield Capital Central Daily Price Deviation

Westfield Capital Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Westfield Capital high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Westfield Capital closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Westfield Capital Projected Return Density Against Market

Assuming 30 trading days horizon, Westfield Capital Dividend Grow has beta of -0.0512 . This means as returns on benchmark increase, returns on holding Westfield Capital are expected to decrease at a much smaller rate. During bear market, however, Westfield Capital Dividend Grow is likely to outperform the market. Moreover, The company has an alpha of 0.0296 implying that it can potentially generate 0.0296% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Westfield Capital is 2058.23. The daily returns are destributed with a variance of 0.87 and standard deviation of 0.93. The mean deviation of Westfield Capital Dividend Grow is currently at 0.67. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
α
Alpha over DOW
=0.0296
β
Beta against DOW=0.05
σ
Overall volatility
=0.93
Ir
Information ratio =0.0112

Westfield Capital Return Volatility

the fund shows 0.931% volatility of returns over 30 trading days. the entity inherits 0.9048% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Westfield Capital Investment Opportunity

Westfield Capital Dividend Grow has a volatility of 0.93 and is 1.03 times more volatile than DOW. 8% of all equities and portfolios are less risky than Westfield Capital. Compared to the overall equity markets, volatility of historical daily returns of Westfield Capital Dividend Grow is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use Westfield Capital Dividend Grow to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Westfield Capital to be traded at $11.75 in 30 days. . 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.

Westfield Capital correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Westfield Capital Dividend Gro and equity matching DJI index in the same portfolio.

Westfield Capital Current Risk Indicators

Westfield Capital Suggested Diversification Pairs

See also Your Current Watchlist. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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