Wasatch Select Investor Fund Market Value

WAUSX Fund  USD 16.42  0.02  0.12%   
Wasatch Us' market value is the price at which a share of Wasatch Us trades on a public exchange. It measures the collective expectations of Wasatch Select Investor investors about its performance. Wasatch Us is trading at 16.42 as of the 10th of December 2024; that is 0.12% down since the beginning of the trading day. The fund's open price was 16.44.
With this module, you can estimate the performance of a buy and hold strategy of Wasatch Select Investor and determine expected loss or profit from investing in Wasatch Us over a given investment horizon. Check out Wasatch Us Correlation, Wasatch Us Volatility and Wasatch Us Alpha and Beta module to complement your research on Wasatch Us.
Symbol

Please note, there is a significant difference between Wasatch Us' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wasatch Us is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wasatch Us' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Wasatch Us '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 Us' 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 Us.
0.00
04/20/2023
No Change 0.00  0.0 
In 1 year 7 months and 23 days
12/10/2024
0.00
If you would invest  0.00  in Wasatch Us on April 20, 2023 and sell it all today you would earn a total of 0.00 from holding Wasatch Select Investor or generate 0.0% return on investment in Wasatch Us over 600 days. Wasatch Us is related to or competes with Calvert Short, Short-intermediate, Quantitative, Barings Active, Ultra-short Fixed, and Aqr Long-short. The fund will invest at least 80 percent of the funds net assets in equity securities of companies of all market capital... More

Wasatch Us 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 Us' 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 Select Investor upside and downside potential and time the market with a certain degree of confidence.

Wasatch Us Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch Us' standard deviation. In reality, there are many statistical measures that can use Wasatch Us historical prices to predict the future Wasatch Us' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wasatch Us' 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.
Hype
Prediction
LowEstimatedHigh
15.4916.4217.35
Details
Intrinsic
Valuation
LowRealHigh
15.5216.4517.38
Details
Naive
Forecast
LowNextHigh
15.3016.2317.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.3316.6116.88
Details

Wasatch Select Investor Backtested Returns

At this stage we consider Wasatch Mutual Fund to be very steady. Wasatch Select Investor shows Sharpe Ratio of 0.2, which attests that the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wasatch Select Investor, which you can use to evaluate the volatility of the fund. Please check out Wasatch Us' Mean Deviation of 0.685, market risk adjusted performance of 1.3, and Downside Deviation of 0.8306 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. The entity maintains a market beta of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wasatch Us' returns are expected to increase less than the market. However, during the bear market, the loss of holding Wasatch Us is expected to be smaller as well.

Auto-correlation

    
  0.63  

Good predictability

Wasatch Select Investor has good predictability. Overlapping area represents the amount of predictability between Wasatch Us time series from 20th of April 2023 to 14th of February 2024 and 14th of February 2024 to 10th of December 2024. 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 Select Investor price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Wasatch Us price fluctuation can be explain by its past prices.
Correlation Coefficient0.63
Spearman Rank Test0.47
Residual Average0.0
Price Variance0.52

Wasatch Select Investor lagged returns against current returns

Autocorrelation, which is Wasatch Us 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 Us' mutual fund expected returns. We can calculate the autocorrelation of Wasatch Us returns to help us make a trade decision. For example, suppose you find that Wasatch Us 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 Us 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 Us mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch Us 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 Us mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Wasatch Us Lagged Returns

When evaluating Wasatch Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch Us mutual fund have on its future price. Wasatch Us 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 Us autocorrelation shows the relationship between Wasatch Us mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch Select Investor.
   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 Us 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 Us security.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings