Wabmsx Fund Market Value
| WABMSX Fund | 15.95 0.05 0.31% |
| Symbol | Wabmsx |
Please note, there is a significant difference between Wabmsx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabmsx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabmsx'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.
Wabmsx '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 Wabmsx's 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 Wabmsx.
| 02/06/2025 |
| 05/07/2025 |
If you would invest 0.00 in Wabmsx on February 6, 2025 and sell it all today you would earn a total of 0.00 from holding Wabmsx or generate 0.0% return on investment in Wabmsx over 90 days. Wabmsx is related to or competes with T Rowe, Calvert International, Consumer Staples, Pnc International, and Artisan Select. Wabmsx is entity of United States. It is traded as Fund on NMFQS exchange. More
Wabmsx 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 Wabmsx's 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 Wabmsx upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0694 | |||
| Maximum Drawdown | 9.7 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 1.71 |
Wabmsx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wabmsx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wabmsx's standard deviation. In reality, there are many statistical measures that can use Wabmsx historical prices to predict the future Wabmsx's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0925 | |||
| Total Risk Alpha | 0.0976 | |||
| Treynor Ratio | (0.02) |
Wabmsx Backtested Returns
Wabmsx shows Sharpe Ratio of -0.0151, which attests that the fund had a -0.0151 % return per unit of risk over the last 3 months. Wabmsx exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wabmsx's Standard Deviation of 1.54, mean deviation of 0.9576, and Market Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The entity maintains a market beta of 0.89, which attests to possible diversification benefits within a given portfolio. Wabmsx returns are very sensitive to returns on the market. As the market goes up or down, Wabmsx is expected to follow.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Wabmsx has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wabmsx time series from 6th of February 2025 to 23rd of March 2025 and 23rd of March 2025 to 7th of May 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wabmsx price movement. The serial correlation of -0.16 indicates that over 16.0% of current Wabmsx price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Wabmsx lagged returns against current returns
Autocorrelation, which is Wabmsx 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 Wabmsx's fund expected returns. We can calculate the autocorrelation of Wabmsx returns to help us make a trade decision. For example, suppose you find that Wabmsx has exhibited high autocorrelation historically, and you observe that the 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 |
Wabmsx 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 Wabmsx fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wabmsx fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wabmsx fund over time.
Current vs Lagged Prices |
| Timeline |
Wabmsx Lagged Returns
When evaluating Wabmsx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wabmsx fund have on its future price. Wabmsx 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, Wabmsx autocorrelation shows the relationship between Wabmsx fund current value and its past values and can show if there is a momentum factor associated with investing in Wabmsx.
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.Other Information on Investing in Wabmsx Fund
Wabmsx financial ratios help investors to determine whether Wabmsx Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wabmsx with respect to the benefits of owning Wabmsx security.
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