Wesmark West Virginia Fund Price on November 1, 2024
| WMKMX Fund | USD 9.88 0.02 0.20% |
Below is the normalized historical share price chart for Wesmark West Virginia extending back to April 29, 1997. 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 Wesmark West stands at 9.88, as last reported on the 13th of December 2024, with the highest price reaching 9.88 and the lowest price hitting 9.88 during the day.
If you're considering investing in Wesmark Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Wesmark Mutual Fund to be very steady. Wesmark West Virginia shows Sharpe Ratio of 0.0256, which attests that the fund had a 0.0256% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wesmark West Virginia, which you can use to evaluate the volatility of the fund. Please check out Wesmark West's Mean Deviation of 0.158, downside deviation of 0.3967, and Market Risk Adjusted Performance of (0.01) to validate if the risk estimate we provide is consistent with the expected return of 0.0068%.
Wesmark Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wesmark |
Sharpe Ratio = 0.0256
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| Negative Returns | WMKMX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Wesmark West is performing at about 2% 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 Wesmark West by adding it to a well-diversified portfolio.
Wesmark West Valuation on November 1, 2024
It is possible to determine the worth of Wesmark West on a given historical date. On November 1, 2024 Wesmark was worth 9.68 at the beginning of the trading date compared to the closed value of 9.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wesmark West mutual fund. Still, in general, we apply an absolute valuation method to find Wesmark West'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 Wesmark West where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wesmark West's related companies.
| Open | High | Low | Close | Volume | |
| 9.68 | 9.68 | 9.68 | 9.68 | 1.00 | |
11/01/2024 | 9.68 | 9.68 | 9.68 | 9.68 | 1.00 |
| 9.71 | 9.71 | 9.71 | 9.71 | 1.00 |
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Wesmark West Trading Date Momentum on November 1, 2024
| On November 04 2024 Wesmark West Virginia was traded for 9.71 at the closing time. The highest daily price throughout the period was 9.71 and the lowest price was 9.71 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.31% . The trading price change to current closing price is 0.62% . |
Wesmark West Virginia Fundamentals Correlations and Trends
By evaluating Wesmark West'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 Wesmark West's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wesmark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wesmark West Mutual Fund history
Wesmark West 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 Wesmark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wesmark West Virginia 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 Wesmark West stock prices may prove useful in developing a viable investing in Wesmark West
The fund pursues its investment objective by investing at least 80 percent of its net assets in a professionally managed portfolio consisting primarily of investment-grade securities issued by the State of West Virginia and its political subdivisions, agencies and authorities, and other issuers , the interest of which is exempt from federal income tax, federal alternative minimum tax , and West Virginia income tax. It is non-diversified.
Wesmark West Mutual Fund Technical Analysis
Wesmark West 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
Wesmark West Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Wesmark West Virginia cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Wesmark West December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Wesmark West 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 Wesmark West shares will generate the highest return on investment. By undertsting and applying Wesmark West mutual fund market strength indicators, traders can identify Wesmark West Virginia entry and exit signals to maximize returns
Wesmark West Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wesmark West's price direction in advance. Along with the technical and fundamental analysis of Wesmark Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wesmark 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 | 0.0045 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.26) | |||
| Treynor Ratio | (0.02) |
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Other Information on Investing in Wesmark Mutual Fund
Wesmark West financial ratios help investors to determine whether Wesmark 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 Wesmark with respect to the benefits of owning Wesmark West security.
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