Westcore Orado Tax Exempt Fund Market Value
| WICOX Fund | USD 10.25 0.01 0.1% |
| Symbol | Westcore |
Westcore Orado '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 Westcore Orado'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 Westcore Orado.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Westcore Orado on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Westcore Orado Tax Exempt or generate 0.0% return on investment in Westcore Orado over 90 days. Westcore Orado is related to or competes with Auer Growth, Century Small, Jpmorgan Smartretirement, The Tocqueville, Ultranasdaq-100 Profund, Center Coast, and Ab Core. The fund will invest at least eighty percent of the value of its net assets, plus any borrowings for investment purposes... More
Westcore Orado 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 Westcore Orado'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 Westcore Orado Tax Exempt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1594 | |||
| Information Ratio | (1.21) | |||
| Maximum Drawdown | 0.5882 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.1965 |
Westcore Orado Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westcore Orado's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Westcore Orado's standard deviation. In reality, there are many statistical measures that can use Westcore Orado historical prices to predict the future Westcore Orado's volatility.| Risk Adjusted Performance | 0.0263 | |||
| Jensen Alpha | 0.0049 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.84) | |||
| Treynor Ratio | (0.09) |
Westcore Orado Tax Backtested Returns
At this stage we consider Westcore Mutual Fund to be very steady. Westcore Orado Tax shows Sharpe Ratio of 0.12, which attests that the fund had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Westcore Orado Tax, which you can use to evaluate the volatility of the fund. Please check out Westcore Orado's Coefficient Of Variation of 925.65, mean deviation of 0.0802, and Market Risk Adjusted Performance of (0.08) to validate if the risk estimate we provide is consistent with the expected return of 0.0113%. The entity maintains a market beta of -0.0221, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Westcore Orado are expected to decrease at a much lower rate. During the bear market, Westcore Orado is likely to outperform the market.
Auto-correlation | 0.56 |
Modest predictability
Westcore Orado Tax Exempt has modest predictability. Overlapping area represents the amount of predictability between Westcore Orado time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Westcore Orado Tax price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Westcore Orado price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Westcore Orado Tax lagged returns against current returns
Autocorrelation, which is Westcore Orado 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 Westcore Orado's mutual fund expected returns. We can calculate the autocorrelation of Westcore Orado returns to help us make a trade decision. For example, suppose you find that Westcore Orado 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 |
Westcore Orado 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 Westcore Orado mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Westcore Orado mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Westcore Orado mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Westcore Orado Lagged Returns
When evaluating Westcore Orado's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Westcore Orado mutual fund have on its future price. Westcore Orado 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, Westcore Orado autocorrelation shows the relationship between Westcore Orado mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Westcore Orado Tax Exempt.
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 Westcore Mutual Fund
Westcore Orado financial ratios help investors to determine whether Westcore 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 Westcore with respect to the benefits of owning Westcore Orado security.
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