Wisconsin Tax Free Fund Market Value
| WWTCX Fund | USD 10.12 0.02 0.20% |
| Symbol | Wisconsin |
Wisconsin Tax-free '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 Wisconsin Tax-free'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 Wisconsin Tax-free.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Wisconsin Tax-free on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Wisconsin Tax Free Fund or generate 0.0% return on investment in Wisconsin Tax-free over 90 days. Wisconsin Tax-free is related to or competes with Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, and Wells Fargo. The fund invests at least 80 percent of the funds net assets in municipal securities whose interest is exempt from feder... More
Wisconsin Tax-free 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 Wisconsin Tax-free'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 Wisconsin Tax Free Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2357 | |||
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 0.9938 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2994 |
Wisconsin Tax-free Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wisconsin Tax-free's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wisconsin Tax-free's standard deviation. In reality, there are many statistical measures that can use Wisconsin Tax-free historical prices to predict the future Wisconsin Tax-free's volatility.| Risk Adjusted Performance | 0.0339 | |||
| Jensen Alpha | (0.0004) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.53) | |||
| Treynor Ratio | 0.1205 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wisconsin Tax-free'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.
Wisconsin Tax Free Backtested Returns
At this stage we consider Wisconsin Mutual Fund to be very steady. Wisconsin Tax Free shows Sharpe Ratio of 0.0947, which attests that the fund had a 0.0947 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wisconsin Tax Free, which you can use to evaluate the volatility of the fund. Please check out Wisconsin Tax-free's Downside Deviation of 0.2357, mean deviation of 0.1575, and Market Risk Adjusted Performance of 0.1305 to validate if the risk estimate we provide is consistent with the expected return of 0.0175%. The entity maintains a market beta of 0.0436, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wisconsin Tax-free's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wisconsin Tax-free is expected to be smaller as well.
Auto-correlation | 0.47 |
Average predictability
Wisconsin Tax Free Fund has average predictability. Overlapping area represents the amount of predictability between Wisconsin Tax-free time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Wisconsin Tax Free price movement. The serial correlation of 0.47 indicates that about 47.0% of current Wisconsin Tax-free price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wisconsin Tax Free lagged returns against current returns
Autocorrelation, which is Wisconsin Tax-free 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 Wisconsin Tax-free's mutual fund expected returns. We can calculate the autocorrelation of Wisconsin Tax-free returns to help us make a trade decision. For example, suppose you find that Wisconsin Tax-free 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 |
Wisconsin Tax-free 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 Wisconsin Tax-free mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wisconsin Tax-free mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wisconsin Tax-free mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wisconsin Tax-free Lagged Returns
When evaluating Wisconsin Tax-free's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wisconsin Tax-free mutual fund have on its future price. Wisconsin Tax-free 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, Wisconsin Tax-free autocorrelation shows the relationship between Wisconsin Tax-free mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wisconsin Tax Free Fund.
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 Wisconsin Mutual Fund
Wisconsin Tax-free financial ratios help investors to determine whether Wisconsin 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 Wisconsin with respect to the benefits of owning Wisconsin Tax-free security.
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