Wasatch Longshort Alpha Fund Market Value
| WALSX Fund | USD 12.76 0.03 0.23% |
| Symbol | Wasatch |
Wasatch Longshort '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 Longshort'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 Longshort.
| 08/30/2025 |
| 11/28/2025 |
If you would invest 0.00 in Wasatch Longshort on August 30, 2025 and sell it all today you would earn a total of 0.00 from holding Wasatch Longshort Alpha or generate 0.0% return on investment in Wasatch Longshort over 90 days. Wasatch Longshort is related to or competes with Icon Natural, World Energy, Global Resources, Firsthand Alternative, Calvert Global, and Franklin Natural. The fund adviser seeks to provide higher risk-adjusted returns with lower volatility compared to domestic equity markets More
Wasatch Longshort 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 Longshort'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 Longshort Alpha upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.51 |
Wasatch Longshort Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Longshort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch Longshort's standard deviation. In reality, there are many statistical measures that can use Wasatch Longshort historical prices to predict the future Wasatch Longshort's volatility.| Risk Adjusted Performance | (0.001) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wasatch Longshort'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 Longshort Alpha Backtested Returns
Wasatch Longshort Alpha shows Sharpe Ratio of close to zero, which attests that the fund had a close to zero % return per unit of risk over the last 3 months. Wasatch Longshort Alpha exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wasatch Longshort's Market Risk Adjusted Performance of (0.01), mean deviation of 0.7184, and Standard Deviation of 0.9574 to validate the risk estimate we provide. The entity maintains a market beta of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wasatch Longshort's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wasatch Longshort is expected to be smaller as well.
Auto-correlation | 0.30 |
Below average predictability
Wasatch Longshort Alpha has below average predictability. Overlapping area represents the amount of predictability between Wasatch Longshort time series from 30th of August 2025 to 14th of October 2025 and 14th of October 2025 to 28th of November 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 Wasatch Longshort Alpha price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Wasatch Longshort price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Wasatch Longshort Alpha lagged returns against current returns
Autocorrelation, which is Wasatch Longshort 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 Longshort's mutual fund expected returns. We can calculate the autocorrelation of Wasatch Longshort returns to help us make a trade decision. For example, suppose you find that Wasatch Longshort 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 Longshort 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 Longshort mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch Longshort 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 Longshort mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wasatch Longshort Lagged Returns
When evaluating Wasatch Longshort's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch Longshort mutual fund have on its future price. Wasatch Longshort 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 Longshort autocorrelation shows the relationship between Wasatch Longshort mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch Longshort Alpha.
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 Mutual Fund
Wasatch Longshort financial ratios help investors to determine whether Wasatch 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 with respect to the benefits of owning Wasatch Longshort security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |