Wasatch Longshort Alpha Fund Fundamentals
| WALSX Fund | USD 14.13 0.01 0.07% |
Wasatch Longshort Alpha fundamentals help investors to digest information that contributes to Wasatch Long/short's financial success or failures. It also enables traders to predict the movement of Wasatch Mutual Fund. The fundamental analysis module provides a way to measure Wasatch Long/short's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Wasatch Long/short mutual fund.
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Wasatch Longshort Alpha Mutual Fund Holdings Turnover Analysis
Wasatch Long/short's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Current Wasatch Long/short Holdings Turnover | 145.00 % |
Most of Wasatch Long/short's fundamental indicators, such as Holdings Turnover, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Wasatch Longshort Alpha is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
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According to the company disclosure, Wasatch Longshort Alpha has a Holdings Turnover of 145%. This is much higher than that of the Wasatch family and significantly higher than that of the Long-Short Equity category. The holdings turnover for all United States funds is notably lower than that of the firm.
Wasatch Longshort Alpha Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wasatch Long/short's current stock value. Our valuation model uses many indicators to compare Wasatch Long/short value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wasatch Long/short competition to find correlations between indicators driving Wasatch Long/short's intrinsic value. More Info.Wasatch Longshort Alpha is presently regarded as number one fund in one year return among similar funds. It is presently regarded as number one fund in three year return among similar funds reporting about 6.12 of Three Year Return per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value Wasatch Long/short by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wasatch Long/short's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Wasatch Long/short's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Wasatch Long/short
The fund consists of 70.42% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Wasatch Long/short's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Wasatch Fundamentals
| Total Asset | 21.96 M | |||
| One Year Return | 1.37 % | |||
| Three Year Return | 8.38 % | |||
| Five Year Return | 2.26 % | |||
| Net Asset | 45.84 M | |||
| Last Dividend Paid | 0.01 | |||
| Holdings Turnover | 145.00 % | |||
| Cash Position Weight | 29.58 % | |||
| Equity Positions Weight | 70.42 % |
About Wasatch Long/short Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wasatch Longshort Alpha's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wasatch Long/short using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wasatch Longshort Alpha based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund adviser seeks to provide higher risk-adjusted returns with lower volatility compared to domestic equity markets. The adviser will establish long and short positions in a portfolio of equity securities of companies of all market capitalizations. Under normal market conditions, the advisor expects to invest the funds assets primarily in companies domiciled in the U.S. or listed on a U.S. exchange. The fund is non-diversified.
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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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wasatch Longshort Alpha. 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 state. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.