Westwood Alternative Income Fund Price on November 18, 2024
| WWACX Fund | USD 9.73 0.01 0.10% |
Below is the normalized historical share price chart for Westwood Alternative Income extending back to March 31, 2020. 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 Westwood Alternative stands at 9.73, as last reported on the 11th of December 2024, with the highest price reaching 9.73 and the lowest price hitting 9.73 during the day.
If you're considering investing in Westwood Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Westwood Mutual Fund to be very steady. Westwood Alternative shows Sharpe Ratio of 0.3, which attests that the fund had a 0.3% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Westwood Alternative, which you can use to evaluate the volatility of the fund. Please check out Westwood Alternative's Coefficient Of Variation of 290.68, market risk adjusted performance of 2.71, and Mean Deviation of 0.0665 to validate if the risk estimate we provide is consistent with the expected return of 0.0247%.
Westwood Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Westwood |
Sharpe Ratio = 0.2992
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Based on monthly moving average Westwood Alternative is performing at about 23% 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 Westwood Alternative by adding it to a well-diversified portfolio.
Westwood Alternative Valuation on November 18, 2024
It is possible to determine the worth of Westwood Alternative on a given historical date. On November 18, 2024 Westwood was worth 9.67 at the beginning of the trading date compared to the closed value of 9.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westwood Alternative mutual fund. Still, in general, we apply an absolute valuation method to find Westwood Alternative'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 Westwood Alternative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westwood Alternative's related companies.
| Open | High | Low | Close | Volume | |
| 9.67 | 9.67 | 9.67 | 9.67 | 1.00 | |
11/18/2024 | 9.67 | 9.67 | 9.67 | 9.67 | 1.00 |
| 9.67 | 9.67 | 9.67 | 9.67 | 1.00 |
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Westwood Alternative Trading Date Momentum on November 18, 2024
| On November 19 2024 Westwood Alternative Income was traded for 9.67 at the closing time. The highest daily price throughout the period was 9.67 and the lowest price was 9.67 . There was no trading activity during the period 1.0. Lack of trading volume on 11/19/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.52% . |
Westwood Alternative Fundamentals Correlations and Trends
By evaluating Westwood Alternative'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 Westwood Alternative's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westwood financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Westwood Alternative Mutual Fund history
Westwood Alternative 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 Westwood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westwood Alternative 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 Westwood Alternative stock prices may prove useful in developing a viable investing in Westwood Alternative
The fund employs an absolute return strategy, which means that it seeks to earn a positive total return through a combination of current income and capital appreciation in all market conditions, by maintaining a portfolio that is designed to have low volatility and low correlations with equity and fixed income markets over a full market cycle. The fund invests primarily in income producing convertible securities.
Westwood Alternative Mutual Fund Technical Analysis
Westwood Alternative 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
Westwood Alternative Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Westwood Alternative Income 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.
Westwood Alternative December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Westwood Alternative 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 Westwood Alternative shares will generate the highest return on investment. By undertsting and applying Westwood Alternative mutual fund market strength indicators, traders can identify Westwood Alternative Income entry and exit signals to maximize returns
Westwood Alternative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Westwood Alternative's price direction in advance. Along with the technical and fundamental analysis of Westwood Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westwood 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 | 0.1708 | |||
| Jensen Alpha | 0.0176 | |||
| Total Risk Alpha | 0.0053 | |||
| Sortino Ratio | (0.76) | |||
| Treynor Ratio | 2.7 |
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Other Information on Investing in Westwood Mutual Fund
Westwood Alternative financial ratios help investors to determine whether Westwood 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 Westwood with respect to the benefits of owning Westwood Alternative security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |