Wesmark Government Bond Fund Probability of Future Mutual Fund Price Finishing Under 7.81
| WMBDX Fund | USD 7.79 0.01 0.13% |
Wesmark |
Wesmark Government Target Price Odds to finish below 7.81
The tendency of Wesmark Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 7.81 after 90 days |
| 7.79 | 90 days | 7.81 | about 11.11 |
Based on a normal probability distribution, the odds of Wesmark Government to stay under $ 7.81 after 90 days from now is about 11.11 (This Wesmark Government Bond probability density function shows the probability of Wesmark Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Wesmark Government Bond price to stay between its current price of $ 7.79 and $ 7.81 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Wesmark Government Bond has a beta of -0.0774. This entails as returns on the benchmark increase, returns on holding Wesmark Government are expected to decrease at a much lower rate. During a bear market, however, Wesmark Government Bond is likely to outperform the market. Additionally Wesmark Government Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Wesmark Government Price Density |
| Price |
Predictive Modules for Wesmark Government
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wesmark Government Bond. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wesmark Government's 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.
Wesmark Government Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wesmark Government is not an exception. The market had few large corrections towards the Wesmark Government's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Wesmark Government Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wesmark Government within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.53 |
Wesmark Government Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Wesmark Government for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wesmark Government Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wesmark Government generated a negative expected return over the last 90 days | |
| Wesmark Government Bond generated five year return of -3.0% | |
| This fund keeps about 95.59% of its net assets in bonds |
Wesmark Government Technical Analysis
Wesmark Government's future price can be derived by breaking down and analyzing its technical indicators over time. Wesmark Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wesmark Government Bond. In general, you should focus on analyzing Wesmark Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Wesmark Government Predictive Forecast Models
Wesmark Government's time-series forecasting models is one of many Wesmark Government's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Wesmark Government's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Wesmark Government Bond
Checking the ongoing alerts about Wesmark Government for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wesmark Government Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wesmark Government generated a negative expected return over the last 90 days | |
| Wesmark Government Bond generated five year return of -3.0% | |
| This fund keeps about 95.59% of its net assets in bonds |
Other Information on Investing in Wesmark Mutual Fund
Wesmark Government 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 Government security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |