Wasatch Hoisington Treasury Fund Market Value
| WHOSX Fund | USD 11.29 0.12 1.07% |
| Symbol | Wasatch-hoisington |
Wasatch-hoisington '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 Wasatch-hoisington'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 Wasatch-hoisington.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Wasatch-hoisington on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Wasatch Hoisington Treasury Fund or generate 0.0% return on investment in Wasatch-hoisington over 540 days. Wasatch-hoisington is related to or competes with Zero Coupon, Wasatch World, Wasatch Small, Wasatch International, and Wasatch Micro. The fund typically invests at least 90 percent of the funds total assets in U.S More
Wasatch-hoisington 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 Wasatch-hoisington'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 Wasatch Hoisington Treasury Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 5.3 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.38 |
Wasatch-hoisington Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch-hoisington's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch-hoisington's standard deviation. In reality, there are many statistical measures that can use Wasatch-hoisington historical prices to predict the future Wasatch-hoisington's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.2049 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wasatch-hoisington'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.
Wasatch Hoisington Backtested Returns
Wasatch Hoisington shows Sharpe Ratio of -0.0535, which attests that the fund had a -0.0535% return per unit of risk over the last 3 months. Wasatch Hoisington exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wasatch-hoisington's Mean Deviation of 0.8705, market risk adjusted performance of 0.2149, and Standard Deviation of 1.11 to validate the risk estimate we provide. The entity maintains a market beta of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wasatch-hoisington are expected to decrease at a much lower rate. During the bear market, Wasatch-hoisington is likely to outperform the market.
Auto-correlation | -0.02 |
Very weak reverse predictability
Wasatch Hoisington Treasury Fund has very weak reverse predictability. Overlapping area represents the amount of predictability between Wasatch-hoisington time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 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 Wasatch Hoisington price movement. The serial correlation of -0.02 indicates that only 2.0% of current Wasatch-hoisington price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Wasatch Hoisington lagged returns against current returns
Autocorrelation, which is Wasatch-hoisington 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 Wasatch-hoisington's mutual fund expected returns. We can calculate the autocorrelation of Wasatch-hoisington returns to help us make a trade decision. For example, suppose you find that Wasatch-hoisington 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 |
Wasatch-hoisington 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 Wasatch-hoisington mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch-hoisington mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wasatch-hoisington mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wasatch-hoisington Lagged Returns
When evaluating Wasatch-hoisington's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch-hoisington mutual fund have on its future price. Wasatch-hoisington 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, Wasatch-hoisington autocorrelation shows the relationship between Wasatch-hoisington mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch Hoisington Treasury 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 Wasatch-hoisington Mutual Fund
Wasatch-hoisington financial ratios help investors to determine whether Wasatch-hoisington 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 Wasatch-hoisington with respect to the benefits of owning Wasatch-hoisington security.
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