Wilmington Global Alpha Fund Quote

WRAAX Fund  USD 12.55  0.01  0.08%   

Performance

16 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 34

 
100  
 
Zero
Below Average
Wilmington Global is trading at 12.55 as of the 28th of March 2024; that is -0.08 percent decrease since the beginning of the trading day. The fund's open price was 12.56. Wilmington Global has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Wilmington Global Alpha are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests at least 80, under normal circumstances, of the value of its net assets in equity securities. It will invest in publicly-traded equity securities, including common stock, preferred stock and depositary receipts, of companies of all market capitalizations. More on Wilmington Global Alpha

Moving together with Wilmington Mutual Fund

  0.97STFGX State Farm GrowthPairCorr
  1.0WRAIX Wilmington Global AlphaPairCorr
  0.92WINAX Wilmington InternationalPairCorr
  0.91WINIX Wilmington InternationalPairCorr

Moving against Wilmington Mutual Fund

  0.51WIBMX Wilmington Broad MarketPairCorr
  0.48WABMX Wilmington Broad MarketPairCorr

Wilmington Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wilmington Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wilmington Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationWilmington Funds, Large Blend Funds, Long-Short Equity Funds, Long-Short Equity, Wilmington Funds, Large Blend, Long-Short Equity (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date31st of August 2022
Fiscal Year EndApril
Wilmington Global Alpha [WRAAX] is traded in USA and was established 28th of March 2024. Wilmington Global is listed under Wilmington Funds category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Wilmington Funds family. This fund at this time has accumulated 215.64 M in net assets with no minimum investment requirementsWilmington Global Alpha is currently producing year-to-date (YTD) return of 2.79% with the current yeild of 0.01%, while the total return for the last 3 years was 3.72%.
Check Wilmington Global Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Wilmington Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Wilmington Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Wilmington Global Alpha Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Wilmington Global Alpha Mutual Fund Constituents

CTASCintasStockIndustrials
IPInternational PaperStockMaterials
DGDollar GeneralStockConsumer Staples
MRKMerck CompanyStockHealth Care
AAPLApple IncStockInformation Technology
AMTAmerican Tower CorpStockReal Estate
AMZNAmazon IncStockConsumer Discretionary
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Wilmington Global Target Price Odds Analysis

Based on a normal probability distribution, the odds of Wilmington Global jumping above the current price in 90 days from now is nearly 4.53%. The Wilmington Global Alpha probability density function shows the probability of Wilmington Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Wilmington Global has a beta of 0.3319. This entails as returns on the market go up, Wilmington Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wilmington Global Alpha will be expected to be much smaller as well. Additionally, wilmington Global Alpha has an alpha of 0.0056, implying that it can generate a 0.005574 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 12.55HorizonTargetOdds Above 12.55
95.23%90 days
 12.55 
4.53%
Based on a normal probability distribution, the odds of Wilmington Global to move above the current price in 90 days from now is nearly 4.53 (This Wilmington Global Alpha probability density function shows the probability of Wilmington Mutual Fund to fall within a particular range of prices over 90 days) .

Wilmington Global Alpha Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wilmington Global market risk premium is the additional return an investor will receive from holding Wilmington Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Wilmington Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Wilmington Global's alpha and beta are two of the key measurements used to evaluate Wilmington Global's performance over the market, the standard measures of volatility play an important role as well.

Wilmington Global Against Markets

Picking the right benchmark for Wilmington Global mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wilmington Global mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wilmington Global is critical whether you are bullish or bearish towards Wilmington Global Alpha at a given time. Please also check how Wilmington Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Wilmington Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Wilmington Mutual Fund?

Before investing in Wilmington Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wilmington Global. To buy Wilmington Global fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wilmington Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Wilmington Global fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Wilmington Global Alpha fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Wilmington Global Alpha fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Wilmington Global Alpha, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Wilmington Global Alpha?

The danger of trading Wilmington Global Alpha is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wilmington Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wilmington Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wilmington Global Alpha is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wilmington Global Alpha. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Wilmington Global Alpha information on this page should be used as a complementary analysis to other Wilmington Global'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Wilmington Global's price analysis, check to measure Wilmington Global'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 Wilmington Global is operating at the current time. Most of Wilmington Global's value examination focuses on studying past and present price action to predict the probability of Wilmington Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wilmington Global's price. Additionally, you may evaluate how the addition of Wilmington Global to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Wilmington Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wilmington Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wilmington Global'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.