Wasatch Ultra Growth Fund Price on August 31, 2023
| WAMCX Fund | USD 37.72 0.55 1.48% |
Below is the normalized historical share price chart for Wasatch Ultra Growth extending back to May 26, 1995. 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 Wasatch Ultra stands at 37.72, as last reported on the 26th of November, with the highest price reaching 37.72 and the lowest price hitting 37.72 during the day.
If you're considering investing in Wasatch Mutual Fund, it is important to understand the factors that can impact its price. Wasatch Ultra appears to be very steady, given 3 months investment horizon. Wasatch Ultra Growth shows Sharpe Ratio of 0.17, which attests that the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wasatch Ultra Growth, which you can use to evaluate the volatility of the fund. Please utilize Wasatch Ultra's Mean Deviation of 0.9233, market risk adjusted performance of 0.1358, and Downside Deviation of 1.29 to validate if our risk estimates are consistent with your expectations.
Wasatch Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wasatch |
Sharpe Ratio = 0.1701
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Wasatch Ultra is performing at about 13% 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 Wasatch Ultra by adding it to a well-diversified portfolio.
Wasatch Ultra Valuation on August 31, 2023
It is possible to determine the worth of Wasatch Ultra on a given historical date. On August 31, 2023 Wasatch was worth 29.32 at the beginning of the trading date compared to the closed value of 29.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wasatch Ultra mutual fund. Still, in general, we apply an absolute valuation method to find Wasatch 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 Wasatch Ultra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wasatch Ultra's related companies.
| Open | High | Low | Close | Volume | |
| 29.40 | 29.40 | 29.40 | 29.40 | 1.00 | |
08/31/2023 | 29.32 | 29.32 | 29.32 | 29.32 | 1.00 |
| 29.57 | 29.57 | 29.57 | 29.57 | 1.00 |
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Wasatch Ultra Trading Date Momentum on August 31, 2023
| On September 01 2023 Wasatch Ultra Growth was traded for 29.57 at the closing time. The highest daily price throughout the period was 29.57 and the lowest price was 29.57 . There was no trading activity during the period 1.0. Lack of trading volume on 09/01/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.85% . The trading price change to current closing price is 3.24% . |
Wasatch Ultra Growth Fundamentals Correlations and Trends
By evaluating Wasatch 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 Wasatch Ultra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wasatch financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wasatch Ultra Mutual Fund history
Wasatch 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 Wasatch is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wasatch Ultra Growth 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 Wasatch Ultra stock prices may prove useful in developing a viable investing in Wasatch Ultra
The fund invests primarily in smaller high growth companies. It will invest the funds assets in the equity securities, typically common stock, of smaller companies that the managers believe have the potential for rapid growth in earnings per share. The fund may invest up to 30 percent of its total assets at the time of purchase in securities issued by foreign companies. It may invest a large percentage of its assets in a few sectors. These sectors were information technology, health care, consumer discretionary, financials, and industrials.
Wasatch Ultra Mutual Fund Technical Analysis
Wasatch 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
Wasatch Ultra Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Wasatch Ultra Growth 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.
Wasatch Ultra November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Wasatch 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 Wasatch Ultra shares will generate the highest return on investment. By undertsting and applying Wasatch Ultra mutual fund market strength indicators, traders can identify Wasatch Ultra Growth entry and exit signals to maximize returns
Wasatch Ultra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wasatch Ultra's price direction in advance. Along with the technical and fundamental analysis of Wasatch Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wasatch 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 | 0.1131 | |||
| Jensen Alpha | 0.0092 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0345 | |||
| Treynor Ratio | 0.1258 |
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| Volume Indicators |
Other Information on Investing in Wasatch Mutual Fund
Wasatch Ultra 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 Ultra security.
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