Wabacx Fund Market Value
| WABACX Fund | 21.94 0.03 0.14% |
| Symbol | Wabacx |
Please note, there is a significant difference between Wabacx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabacx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabacx'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.
Wabacx '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 Wabacx'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 Wabacx.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Wabacx on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Wabacx or generate 0.0% return on investment in Wabacx over 90 days. Wabacx is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Wabacx is entity of United States. It is traded as Fund on NMFQS exchange. More
Wabacx 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 Wabacx'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 Wabacx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.0786 | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.14 |
Wabacx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wabacx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wabacx's standard deviation. In reality, there are many statistical measures that can use Wabacx historical prices to predict the future Wabacx's volatility.| Risk Adjusted Performance | 0.1908 | |||
| Jensen Alpha | 0.0857 | |||
| Total Risk Alpha | 0.0609 | |||
| Sortino Ratio | 0.0878 | |||
| Treynor Ratio | 0.2141 |
Wabacx Backtested Returns
Wabacx appears to be very steady, given 3 months investment horizon. Wabacx shows Sharpe Ratio of 0.23, which attests that the fund had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wabacx, which you can use to evaluate the volatility of the fund. Please utilize Wabacx's Mean Deviation of 0.8483, downside deviation of 1.02, and Market Risk Adjusted Performance of 0.2241 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of 1.03, which attests to a somewhat significant risk relative to the market. Wabacx returns are very sensitive to returns on the market. As the market goes up or down, Wabacx is expected to follow.
Auto-correlation | 0.74 |
Good predictability
Wabacx has good predictability. Overlapping area represents the amount of predictability between Wabacx time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 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 Wabacx price movement. The serial correlation of 0.74 indicates that around 74.0% of current Wabacx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Wabacx lagged returns against current returns
Autocorrelation, which is Wabacx 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 Wabacx's fund expected returns. We can calculate the autocorrelation of Wabacx returns to help us make a trade decision. For example, suppose you find that Wabacx 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 |
Wabacx 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 Wabacx fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wabacx fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wabacx fund over time.
Current vs Lagged Prices |
| Timeline |
Wabacx Lagged Returns
When evaluating Wabacx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wabacx fund have on its future price. Wabacx 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, Wabacx autocorrelation shows the relationship between Wabacx fund current value and its past values and can show if there is a momentum factor associated with investing in Wabacx.
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 Wabacx Fund
Wabacx financial ratios help investors to determine whether Wabacx 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 Wabacx with respect to the benefits of owning Wabacx security.
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