Walden Equity Fund Market Value
| WSEFX Fund | USD 35.01 0.36 1.04% |
| Symbol | Walden |
Walden Equity '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 Walden Equity'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 Walden Equity.
| 05/17/2022 |
| 05/06/2024 |
If you would invest 0.00 in Walden Equity on May 17, 2022 and sell it all today you would earn a total of 0.00 from holding Walden Equity Fund or generate 0.0% return on investment in Walden Equity over 720 days. Walden Equity is related to or competes with Walden Asset, Calvert Large, Calvert Equity, Appleseed Fund, and Pax Esg. The fund invests, under normal circumstances, at least 80 percent of its assets in a diversified portfolio of domestic e... More
Walden Equity 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 Walden Equity'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 Walden Equity Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7305 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 2.89 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.07 |
Walden Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Walden Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Walden Equity's standard deviation. In reality, there are many statistical measures that can use Walden Equity historical prices to predict the future Walden Equity's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0238 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Walden Equity'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.
Walden Equity Backtested Returns
We consider Walden Equity very steady. Walden Equity shows Sharpe Ratio of 0.0259, which attests that the fund had a 0.0259% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Walden Equity, which you can use to evaluate the volatility of the fund. Please check out Walden Equity's Mean Deviation of 0.5104, market risk adjusted performance of 0.0338, and Downside Deviation of 0.7305 to validate if the risk estimate we provide is consistent with the expected return of 0.0166%. The entity maintains a market beta of 0.88, which attests to possible diversification benefits within a given portfolio. Walden Equity returns are very sensitive to returns on the market. As the market goes up or down, Walden Equity is expected to follow.
Auto-correlation | 0.56 |
Modest predictability
Walden Equity Fund has modest predictability. Overlapping area represents the amount of predictability between Walden Equity time series from 17th of May 2022 to 12th of May 2023 and 12th of May 2023 to 6th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Walden Equity price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Walden Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 2.51 |
Walden Equity lagged returns against current returns
Autocorrelation, which is Walden Equity 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 Walden Equity's mutual fund expected returns. We can calculate the autocorrelation of Walden Equity returns to help us make a trade decision. For example, suppose you find that Walden Equity 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 |
Walden Equity 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 Walden Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Walden Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Walden Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Walden Equity Lagged Returns
When evaluating Walden Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Walden Equity mutual fund have on its future price. Walden Equity 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, Walden Equity autocorrelation shows the relationship between Walden Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Walden Equity Fund.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Walden Equity in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Walden Equity's short interest history, or implied volatility extrapolated from Walden Equity options trading.
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.Check out Walden Equity Correlation, Walden Equity Volatility and Walden Equity Alpha and Beta module to complement your research on Walden Equity. Note that the Walden Equity information on this page should be used as a complementary analysis to other Walden Equity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Walden Equity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.