Wcm China Quality Fund Market Value
| WCMCX Fund | USD 10.38 0.10 0.97% |
| Symbol | Wcm |
Wcm China '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 Wcm China'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 Wcm China.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Wcm China on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Wcm China Quality or generate 0.0% return on investment in Wcm China over 90 days. Wcm China is related to or competes with Columbia Convertible, Putnam Convertible, Fidelity Sai, Lord Abbett, and Gabelli Convertible. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of Chinese c... More
Wcm China 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 Wcm China'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 Wcm China Quality upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9286 | |||
| Information Ratio | 0.1118 | |||
| Maximum Drawdown | 5.31 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.8 |
Wcm China Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wcm China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wcm China's standard deviation. In reality, there are many statistical measures that can use Wcm China historical prices to predict the future Wcm China's volatility.| Risk Adjusted Performance | 0.2379 | |||
| Jensen Alpha | 0.2476 | |||
| Total Risk Alpha | 0.1029 | |||
| Sortino Ratio | 0.1191 | |||
| Treynor Ratio | (5.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wcm China'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.
Wcm China Quality Backtested Returns
Wcm China appears to be very steady, given 3 months investment horizon. Wcm China Quality shows Sharpe Ratio of 0.25, which attests that the fund had a 0.25 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wcm China Quality, which you can use to evaluate the volatility of the fund. Please utilize Wcm China's Mean Deviation of 0.7062, downside deviation of 0.9286, and Market Risk Adjusted Performance of (5.07) to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of -0.0475, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wcm China are expected to decrease at a much lower rate. During the bear market, Wcm China is likely to outperform the market.
Auto-correlation | 0.25 |
Poor predictability
Wcm China Quality has poor predictability. Overlapping area represents the amount of predictability between Wcm China 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 Wcm China Quality price movement. The serial correlation of 0.25 indicates that over 25.0% of current Wcm China price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Wcm China Quality lagged returns against current returns
Autocorrelation, which is Wcm China 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 Wcm China's mutual fund expected returns. We can calculate the autocorrelation of Wcm China returns to help us make a trade decision. For example, suppose you find that Wcm China 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 |
Wcm China 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 Wcm China mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wcm China mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wcm China mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wcm China Lagged Returns
When evaluating Wcm China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wcm China mutual fund have on its future price. Wcm China 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, Wcm China autocorrelation shows the relationship between Wcm China mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wcm China Quality.
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 Wcm Mutual Fund
Wcm China financial ratios help investors to determine whether Wcm 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 Wcm with respect to the benefits of owning Wcm China security.
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