WFEMX Mutual Fund Market Value

WFEMX -  USA Fund  

USD 19.18  0.50  2.54%

WCM Focused's market value is the price at which a share of WCM Focused stock trades on a public exchange. It measures the collective expectations of WCM Focused Emerging investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of WCM Focused Emerging and determine expected loss or profit from investing in WCM Focused over a given investment horizon. Check out WCM Focused Hype Analysis, WCM Focused Correlation, Portfolio Optimization, WCM Focused Volatility, as well as analyze WCM Focused Alpha and Beta and WCM Focused Performance.
Symbol
Backtest

Please note, there is a significant difference between WCM Focused's value and its price as these two are different measures arrived at by different means. Investors typically determine WCM Focused value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WCM Focused's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

WCM Focused '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 WCM Focused'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 WCM Focused.
0.00
12/09/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/28/2021
0.00
If you would invest  0.00  in WCM Focused on December 9, 2019 and sell it all today you would earn a total of 0.00 from holding WCM Focused Emerging or generate 0.0% return on investment in WCM Focused over 720 days. WCM Focused is related to or competes with Vanguard Emerging, American Funds, American Funds, New World, and New World. Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity securities of compa...

WCM Focused 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 WCM Focused'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 WCM Focused Emerging upside and downside potential and time the market with a certain degree of confidence.

WCM Focused Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for WCM Focused's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WCM Focused's standard deviation. In reality, there are many statistical measures that can use WCM Focused historical prices to predict the future WCM Focused's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of WCM Focused'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. Please use the tools below to analyze the current value of WCM Focused in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
18.2819.1820.08
Details
Intrinsic
Valuation
LowReal ValueHigh
18.5419.4420.34
Details
Naive
Forecast
LowNext ValueHigh
17.9818.8819.78
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.7619.8520.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as WCM Focused. Your research has to be compared to or analyzed against WCM Focused's peers to derive any actionable benefits. When done correctly, WCM Focused's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in WCM Focused Emerging.

WCM Focused Emerging Backtested Returns

WCM Focused Emerging shows Sharpe Ratio of -0.12, which attests that the fund had -0.12% of return per unit of standard deviation over the last 3 months. Macroaxis approach into determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. WCM Focused Emerging exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out WCM Focused Emerging risk adjusted performance of (0.07), and Mean Deviation of 0.711 to validate the risk estimate we provide.
The entity maintains a market beta of 0.7204, which attests to possible diversification benefits within a given portfolio. Let's try to break down what WFEMX's beta means in this case. As returns on the market increase, WCM Focused returns are expected to increase less than the market. However, during the bear market, the loss on holding WCM Focused will be expected to be smaller as well. Even though it is essential to pay attention to WCM Focused Emerging historical price patterns, it is always good to be careful when utilizing equity current price history. Our approach into determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. WCM Focused Emerging exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.37   

Below average predictability

WCM Focused Emerging has below average predictability. Overlapping area represents the amount of predictability between WCM Focused time series from 9th of December 2019 to 3rd of December 2020 and 3rd of December 2020 to 28th of November 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WCM Focused Emerging price movement. The serial correlation of 0.37 indicates that just about 37.0% of current WCM Focused price fluctuation can be explain by its past prices.
Correlation Coefficient0.37
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.39

WCM Focused Emerging lagged returns against current returns

Autocorrelation, which is WCM Focused 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 WCM Focused's mutual fund expected returns. We can calculate the autocorrelation of WCM Focused returns to help us make a trade decision. For example, suppose you find that WCM Focused mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

WCM Focused 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 WCM Focused mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WCM Focused mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WCM Focused mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

WCM Focused Lagged Returns

When evaluating WCM Focused's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WCM Focused mutual fund have on its future price. WCM Focused 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, WCM Focused autocorrelation shows the relationship between WCM Focused mutual fund current value and its past values and can show if there is a momentum factor associated with investing in WCM Focused Emerging.
 Regressed Prices 
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      Timeline 

WCM Focused Investors Sentiment

The influence of WCM Focused's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in WFEMX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 WCM Focused 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, WCM Focused's short interest history, or implied volatility extrapolated from WCM Focused options trading.

Current Sentiment - WFEMX

WCM Focused Emerging Investor Sentiment

Macroaxis portfolio users are unemotional in their outlook on investing in WCM Focused Emerging. What is your outlook on investing in WCM Focused Emerging? Are you bullish or bearish?
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Bearish
50% Bullish
50% Bearish
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Check out WCM Focused Hype Analysis, WCM Focused Correlation, Portfolio Optimization, WCM Focused Volatility, as well as analyze WCM Focused Alpha and Beta and WCM Focused Performance. Note that the WCM Focused Emerging information on this page should be used as a complementary analysis to other WCM Focused's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running WCM Focused Emerging price analysis, check to measure WCM Focused's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WCM Focused is operating at the current time. Most of WCM Focused's value examination focuses on studying past and present price action to predict the probability of WCM Focused's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move WCM Focused's price. Additionally, you may evaluate how the addition of WCM Focused to your portfolios can decrease your overall portfolio volatility.
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WCM Focused 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, stock market cycles, or different charting patterns.
A focus of WCM Focused technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WCM Focused trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...