Wasatch Micro Financials
| WMICX Fund | USD 8.71 0.17 1.99% |
Wasatch |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Wasatch Micro Fund Summary
Wasatch Micro competes with Wasatch Small, Wasatch Ultra, Wasatch E, Wasatch Small, and Wasatch Micro. The fund invests at least 80 percent of the funds net assets in the equity securities, typically common stock, of micro-capitalization companies. The adviser considers a company to be a micro-capitalization company if its market capitalization, at the time of purchase, is less than the larger of 1.5 billion or the market capitalization of the largest company in the Russell Microcap Index. It may invest up to 30 percent of its total assets at the time of purchase in equity securities issued by foreign companies.Specialization | Small Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US9367725085 |
| Business Address | Wasatch Funds Trust |
| Mutual Fund Family | Wasatch |
| Mutual Fund Category | Small Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 551 1700 |
| Currency | USD - US Dollar |
Wasatch Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wasatch Micro's current stock value. Our valuation model uses many indicators to compare Wasatch Micro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wasatch Micro competition to find correlations between indicators driving Wasatch Micro's intrinsic value. More Info.Wasatch Micro Cap is rated fifth in price to earning among similar funds. It is rated fourth in price to book among similar funds fabricating about 3.05 of Price To Book per Price To Earning. 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 Micro's earnings, one of the primary drivers of an investment's value.Wasatch Micro Cap Systematic Risk
Wasatch Micro's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wasatch Micro volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Wasatch Micro Cap correlated with the market. If Beta is less than 0 Wasatch Micro generally moves in the opposite direction as compared to the market. If Wasatch Micro Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wasatch Micro Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wasatch Micro is generally in the same direction as the market. If Beta > 1 Wasatch Micro moves generally in the same direction as, but more than the movement of the benchmark.
Wasatch Micro November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Wasatch Micro help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wasatch Micro Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wasatch Micro Cap based on widely used predictive technical indicators. In general, we focus on analyzing Wasatch Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wasatch Micro's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.028 | |||
| Maximum Drawdown | 7.89 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.25 |
Other Information on Investing in Wasatch Mutual Fund
Wasatch Micro 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 Micro security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |