Weitz Ultra Short Fund Price on October 30, 2024
| SAFEX Fund | USD 9.99 0.01 0.10% |
Below is the normalized historical share price chart for Weitz Ultra Short extending back to December 30, 2009. 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 Weitz Ultra stands at 9.99, as last reported on the 27th of November, with the highest price reaching 9.99 and the lowest price hitting 9.99 during the day.
If you're considering investing in Weitz Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Weitz Mutual Fund to be out of control. Weitz Ultra Short 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-one technical indicators for Weitz Ultra Short, which you can use to evaluate the volatility of the fund. Please check out Weitz Ultra's Standard Deviation of 0.0876, market risk adjusted performance of (0.38), and Mean Deviation of 0.0377 to validate if the risk estimate we provide is consistent with the expected return of 0.0176%.
Weitz Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Weitz |
Sharpe Ratio = 0.1965
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Based on monthly moving average Weitz Ultra is performing at about 15% 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 Weitz Ultra by adding it to a well-diversified portfolio.
Weitz Ultra Valuation on October 30, 2024
It is possible to determine the worth of Weitz Ultra on a given historical date. On October 30, 2024 Weitz was worth 9.96 at the beginning of the trading date compared to the closed value of 9.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weitz Ultra mutual fund. Still, in general, we apply an absolute valuation method to find Weitz Ultra'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 Weitz Ultra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weitz Ultra's related companies.
| Open | High | Low | Close | Volume | |
| 9.96 | 9.96 | 9.96 | 9.96 | 1.00 | |
10/30/2024 | 9.96 | 9.96 | 9.96 | 9.96 | 1.00 |
| 10.00 | 10.00 | 10.00 | 10.00 | 1.00 |
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Weitz Ultra Trading Date Momentum on October 30, 2024
| On October 31 2024 Weitz Ultra Short was traded for 10.00 at the closing time. The highest daily price throughout the period was 10.00 and the lowest price was 10.00 . There was no trading activity during the period 1.0. Lack of trading volume on 10/31/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.40% . The trading price change to current closing price is 0.40% . |
Weitz Ultra Short Fundamentals Correlations and Trends
By evaluating Weitz Ultra'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 Weitz Ultra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weitz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Weitz Ultra Mutual Fund history
Weitz Ultra 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 Weitz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weitz Ultra Short 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 Weitz Ultra stock prices may prove useful in developing a viable investing in Weitz Ultra
The fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in debt obligations issued or guaranteed by the U.S. government, its agencies and instrumentalities and repurchase agreements on such securities. It may invest in securities that are unrated if the adviser determines that such securities are of investment grade quality. The fund may also invest in government money market funds or exchange traded funds which invest substantially all of their assets in U.S. government securities.
Weitz Ultra Mutual Fund Technical Analysis
Weitz Ultra 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
Weitz Ultra Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
Weitz Ultra Short 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.
Weitz Ultra November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Weitz Ultra 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 Weitz Ultra shares will generate the highest return on investment. By undertsting and applying Weitz Ultra mutual fund market strength indicators, traders can identify Weitz Ultra Short entry and exit signals to maximize returns
Weitz Ultra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weitz Ultra's price direction in advance. Along with the technical and fundamental analysis of Weitz Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weitz 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 | 0.0695 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.39) |
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Other Information on Investing in Weitz Mutual Fund
Weitz Ultra financial ratios help investors to determine whether Weitz 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 Weitz with respect to the benefits of owning Weitz Ultra security.
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