William Blair International Fund Market Value

WBIGX Fund  USD 29.49  0.10  0.34%   
William Blair's market value is the price at which a share of William Blair trades on a public exchange. It measures the collective expectations of William Blair International investors about its performance. William Blair is trading at 29.49 as of the 10th of December 2024; that is 0.34% down since the beginning of the trading day. The fund's open price was 29.59.
With this module, you can estimate the performance of a buy and hold strategy of William Blair International and determine expected loss or profit from investing in William Blair over a given investment horizon. Check out William Blair Correlation, William Blair Volatility and William Blair Alpha and Beta module to complement your research on William Blair.
Symbol

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

William Blair '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 William Blair'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 William Blair.
0.00
04/20/2023
No Change 0.00  0.0 
In 1 year 7 months and 23 days
12/10/2024
0.00
If you would invest  0.00  in William Blair on April 20, 2023 and sell it all today you would earn a total of 0.00 from holding William Blair International or generate 0.0% return on investment in William Blair over 600 days. William Blair is related to or competes with Altegris Futures, Loomis Sayles, Federated Hermes, Arrow Managed, Blackrock Inflation, Western Asset, and Ab Bond. The fund normally invests at least 80 percent of its total assets in a diversified portfolio of equity securities, inclu... More

William Blair 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 William Blair'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 William Blair International upside and downside potential and time the market with a certain degree of confidence.

William Blair Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for William Blair's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as William Blair's standard deviation. In reality, there are many statistical measures that can use William Blair historical prices to predict the future William Blair's volatility.
Hype
Prediction
LowEstimatedHigh
28.8229.4930.16
Details
Intrinsic
Valuation
LowRealHigh
28.8429.5130.18
Details
Naive
Forecast
LowNextHigh
29.4730.1430.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.4729.1829.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as William Blair. Your research has to be compared to or analyzed against William Blair's peers to derive any actionable benefits. When done correctly, William Blair'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 William Blair Intern.

William Blair Intern Backtested Returns

At this stage we consider William Mutual Fund to be very steady. William Blair Intern shows Sharpe Ratio of 0.0129, which attests that the fund had a 0.0129% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for William Blair Intern, which you can use to evaluate the volatility of the fund. Please check out William Blair's Market Risk Adjusted Performance of 0.0628, mean deviation of 0.5412, and Downside Deviation of 0.6563 to validate if the risk estimate we provide is consistent with the expected return of 0.0087%. The entity maintains a market beta of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, William Blair's returns are expected to increase less than the market. However, during the bear market, the loss of holding William Blair is expected to be smaller as well.

Auto-correlation

    
  -0.13  

Insignificant reverse predictability

William Blair International has insignificant reverse predictability. Overlapping area represents the amount of predictability between William Blair time series from 20th of April 2023 to 14th of February 2024 and 14th of February 2024 to 10th of December 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 William Blair Intern price movement. The serial correlation of -0.13 indicates that less than 13.0% of current William Blair price fluctuation can be explain by its past prices.
Correlation Coefficient-0.13
Spearman Rank Test-0.01
Residual Average0.0
Price Variance0.37

William Blair Intern lagged returns against current returns

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

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

William Blair Lagged Returns

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

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Other Information on Investing in William Mutual Fund

William Blair financial ratios help investors to determine whether William Mutual 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 William with respect to the benefits of owning William Blair security.
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