Wlmtax Fund Market Value
| WLMTAX Fund | USD 20.67 0.20 0.98% |
| Symbol | Wlmtax |
Please note, there is a significant difference between Wlmtax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wlmtax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wlmtax'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.
Wlmtax '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 Wlmtax'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 Wlmtax.
| 08/27/2025 |
| 11/25/2025 |
If you would invest 0.00 in Wlmtax on August 27, 2025 and sell it all today you would earn a total of 0.00 from holding Wlmtax or generate 0.0% return on investment in Wlmtax over 90 days. Wlmtax is entity of United States. It is traded as Fund on NMFQS exchange. More
Wlmtax 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 Wlmtax'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 Wlmtax upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8121 | |||
| Information Ratio | 0.0304 | |||
| Maximum Drawdown | 3.73 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.04 |
Wlmtax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wlmtax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wlmtax's standard deviation. In reality, there are many statistical measures that can use Wlmtax historical prices to predict the future Wlmtax's volatility.| Risk Adjusted Performance | 0.0491 | |||
| Jensen Alpha | 0.0393 | |||
| Total Risk Alpha | 0.0201 | |||
| Sortino Ratio | 0.0247 | |||
| Treynor Ratio | (3.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wlmtax'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.
Wlmtax Backtested Returns
At this stage we consider Wlmtax Fund to be very steady. Wlmtax shows Sharpe Ratio of 0.0512, which attests that the fund had a 0.0512 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wlmtax, which you can use to evaluate the volatility of the fund. Please check out Wlmtax's Market Risk Adjusted Performance of (3.19), mean deviation of 0.4909, and Downside Deviation of 0.8121 to validate if the risk estimate we provide is consistent with the expected return of 0.0331%. The entity maintains a market beta of -0.0122, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wlmtax are expected to decrease at a much lower rate. During the bear market, Wlmtax is likely to outperform the market.
Auto-correlation | -0.06 |
Very weak reverse predictability
Wlmtax has very weak reverse predictability. Overlapping area represents the amount of predictability between Wlmtax time series from 27th of August 2025 to 11th of October 2025 and 11th of October 2025 to 25th of November 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 Wlmtax price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Wlmtax price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Wlmtax lagged returns against current returns
Autocorrelation, which is Wlmtax 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 Wlmtax's fund expected returns. We can calculate the autocorrelation of Wlmtax returns to help us make a trade decision. For example, suppose you find that Wlmtax 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 |
Wlmtax 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 Wlmtax fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wlmtax fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wlmtax fund over time.
Current vs Lagged Prices |
| Timeline |
Wlmtax Lagged Returns
When evaluating Wlmtax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wlmtax fund have on its future price. Wlmtax 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, Wlmtax autocorrelation shows the relationship between Wlmtax fund current value and its past values and can show if there is a momentum factor associated with investing in Wlmtax.
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 Wlmtax Fund
Wlmtax financial ratios help investors to determine whether Wlmtax 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 Wlmtax with respect to the benefits of owning Wlmtax security.
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