Teton Westwood Equity Fund Market Value

WEQCX Fund  USD 10.40  0.14  1.36%   
Teton Westwood's market value is the price at which a share of Teton Westwood trades on a public exchange. It measures the collective expectations of Teton Westwood Equity investors about its performance. Teton Westwood is trading at 10.40 as of the 28th of March 2024; that is 1.36 percent increase since the beginning of the trading day. The fund's open price was 10.26.
With this module, you can estimate the performance of a buy and hold strategy of Teton Westwood Equity and determine expected loss or profit from investing in Teton Westwood over a given investment horizon. Check out Teton Westwood Correlation, Teton Westwood Volatility and Teton Westwood Alpha and Beta module to complement your research on Teton Westwood.
Symbol

Please note, there is a significant difference between Teton Westwood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teton Westwood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teton Westwood'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.

Teton Westwood '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 Teton Westwood'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 Teton Westwood.
0.00
01/28/2024
No Change 0.00  0.0 
In 2 months and 1 day
03/28/2024
0.00
If you would invest  0.00  in Teton Westwood on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding Teton Westwood Equity or generate 0.0% return on investment in Teton Westwood over 60 days. Teton Westwood is related to or competes with Voya Target, Franklin Lifesmart, Tiaa-cref Lifestyle, Fidelity Managed, Blackrock Moderate, and Great-west Moderately. The fund normally invests at least 80 percent of its net assets in common stocks and securities which may be converted i... More

Teton Westwood 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 Teton Westwood'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 Teton Westwood Equity upside and downside potential and time the market with a certain degree of confidence.

Teton Westwood Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Teton Westwood's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teton Westwood's standard deviation. In reality, there are many statistical measures that can use Teton Westwood historical prices to predict the future Teton Westwood's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Teton Westwood'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.
Hype
Prediction
LowEstimatedHigh
9.7810.2610.74
Details
Intrinsic
Valuation
LowRealHigh
9.7110.1910.67
Details
Naive
Forecast
LowNextHigh
9.7610.2410.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2610.2610.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Teton Westwood. Your research has to be compared to or analyzed against Teton Westwood's peers to derive any actionable benefits. When done correctly, Teton Westwood's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Teton Westwood Equity.

Teton Westwood Equity Backtested Returns

We consider Teton Westwood very steady. Teton Westwood Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the fund had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Teton Westwood Equity, which you can use to evaluate the volatility of the fund. Please validate Teton Westwood's Coefficient Of Variation of 447.2, semi deviation of 0.2862, and Risk Adjusted Performance of 0.1226 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Teton Westwood are expected to decrease at a much lower rate. During the bear market, Teton Westwood is likely to outperform the market.

Auto-correlation

    
  0.68  

Good predictability

Teton Westwood Equity has good predictability. Overlapping area represents the amount of predictability between Teton Westwood time series from 28th of January 2024 to 27th of February 2024 and 27th of February 2024 to 28th of March 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 Teton Westwood Equity price movement. The serial correlation of 0.68 indicates that around 68.0% of current Teton Westwood price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.67
Residual Average0.0
Price Variance0.01

Teton Westwood Equity lagged returns against current returns

Autocorrelation, which is Teton Westwood 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 Teton Westwood's mutual fund expected returns. We can calculate the autocorrelation of Teton Westwood returns to help us make a trade decision. For example, suppose you find that Teton Westwood 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  

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

Teton Westwood Lagged Returns

When evaluating Teton Westwood's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teton Westwood mutual fund have on its future price. Teton Westwood 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, Teton Westwood autocorrelation shows the relationship between Teton Westwood mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Teton Westwood Equity.
   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 Teton Westwood Correlation, Teton Westwood Volatility and Teton Westwood Alpha and Beta module to complement your research on Teton Westwood.
Note that the Teton Westwood Equity information on this page should be used as a complementary analysis to other Teton Westwood'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 the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Teton Westwood's price analysis, check to measure Teton Westwood'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 Teton Westwood is operating at the current time. Most of Teton Westwood's value examination focuses on studying past and present price action to predict the probability of Teton Westwood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teton Westwood's price. Additionally, you may evaluate how the addition of Teton Westwood to your portfolios can decrease your overall portfolio volatility.
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Teton Westwood 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.
A focus of Teton Westwood technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Teton Westwood 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...