Wasatch Small Cap Fund Price on March 20, 2024
| WMCVX Fund | USD 10.92 0.02 0.18% |
Below is the normalized historical share price chart for Wasatch Small Cap extending back to April 27, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wasatch Small stands at 10.92, as last reported on the 21st of May, with the highest price reaching 10.92 and the lowest price hitting 10.92 during the day.
If you're considering investing in Wasatch Mutual Fund, it is important to understand the factors that can impact its price. We consider Wasatch Small very steady. Wasatch Small Cap shows Sharpe Ratio of 0.0827, which attests that the fund had a 0.0827% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wasatch Small Cap, which you can use to evaluate the volatility of the fund. Please check out Wasatch Small's Mean Deviation of 0.7541, downside deviation of 1.04, and Market Risk Adjusted Performance of 0.0318 to validate if the risk estimate we provide is consistent with the expected return of 0.0806%.
Wasatch Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wasatch |
Sharpe Ratio = 0.0827
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Wasatch Small is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wasatch Small by adding it to a well-diversified portfolio.
Wasatch Small Valuation on March 20, 2024
It is possible to determine the worth of Wasatch Small on a given historical date. On March 20, 2024 Wasatch was worth 10.68 at the beginning of the trading date compared to the closed value of 10.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wasatch Small mutual fund. Still, in general, we apply an absolute valuation method to find Wasatch Small's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wasatch Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wasatch Small's related companies.
| Open | High | Low | Close | Volume | |
| 10.52 | 10.52 | 10.52 | 10.52 | 1.00 | |
03/20/2024 | 10.68 | 10.68 | 10.68 | 10.68 | 1.00 |
| 10.84 | 10.84 | 10.84 | 10.84 | 1.00 |
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Wasatch Small Trading Date Momentum on March 20, 2024
| On March 21 2024 Wasatch Small Cap was traded for 10.84 at the closing time. The highest daily price throughout the period was 10.84 and the lowest price was 10.84 . There was no trading activity during the period 1.0. Lack of trading volume on 03/21/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.50% . The trading price change to current closing price is 1.40% . |
Wasatch Small Cap Fundamentals Correlations and Trends
By evaluating Wasatch Small's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wasatch Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wasatch financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wasatch Small Mutual Fund history
Wasatch Small investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wasatch is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wasatch Small Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wasatch Small stock prices may prove useful in developing a viable investing in Wasatch Small
The fund invests primarily in small companies. It will invest at least 80 percent of the funds net assets in the equity securities, typically common stock, of small-capitalization companies. The fund may invest up to 20 percent of its total assets at the time of purchase in securities issued by foreign companies .
Wasatch Small Mutual Fund Technical Analysis
Wasatch Small 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.
Price Boundaries
Wasatch Small Period Price Range
Low | March 20, 2024
| High |
10.68 | 10.68 |
Wasatch Small May 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Wasatch Small mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wasatch Small shares will generate the highest return on investment. By undertsting and applying Wasatch Small mutual fund market strength indicators, traders can identify Wasatch Small Cap entry and exit signals to maximize returns
Wasatch Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wasatch Small's price direction in advance. Along with the technical and fundamental analysis of Wasatch Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wasatch to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0218 |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wasatch Small Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.