Wcm China Quality Fund Price on September 26, 2024
| WCMCX Fund | USD 8.73 0.20 2.34% |
Below is the normalized historical share price chart for Wcm China Quality extending back to March 31, 2020. 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 Wcm China stands at 8.73, as last reported on the 28th of November, with the highest price reaching 8.73 and the lowest price hitting 8.73 during the day.
If you're considering investing in Wcm Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Wcm Mutual Fund to be not too volatile. Wcm China Quality shows Sharpe Ratio of 0.0851, which attests that the fund had a 0.0851% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wcm China Quality, which you can use to evaluate the volatility of the fund. Please check out Wcm China's Mean Deviation of 1.43, downside deviation of 1.98, and Market Risk Adjusted Performance of 1.16 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
Wcm Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wcm |
Sharpe Ratio = 0.0851
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Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Wcm China is performing at about 6% 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 Wcm China by adding it to a well-diversified portfolio.
Wcm China Valuation on September 26, 2024
It is possible to determine the worth of Wcm China on a given historical date. On September 26, 2024 Wcm was worth 8.83 at the beginning of the trading date compared to the closed value of 8.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wcm China mutual fund. Still, in general, we apply an absolute valuation method to find Wcm China'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 Wcm China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wcm China's related companies.
| Open | High | Low | Close | Volume | |
| 8.37 | 8.37 | 8.37 | 8.37 | 1.00 | |
09/26/2024 | 8.83 | 8.83 | 8.83 | 8.83 | 1.00 |
| 9.19 | 9.19 | 9.19 | 9.19 | 1.00 |
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Wcm China Trading Date Momentum on September 26, 2024
| On September 27 2024 Wcm China Quality was traded for 9.19 at the closing time. The highest daily price throughout the period was 9.19 and the lowest price was 9.19 . There was no trading activity during the period 1.0. Lack of trading volume on 09/27/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 4.08% . The trading price change to current closing price is 18.35% . |
Wcm China Quality Fundamentals Correlations and Trends
By evaluating Wcm China'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 Wcm China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wcm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wcm China Mutual Fund history
Wcm China 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 Wcm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wcm China Quality 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 Wcm China stock prices may prove useful in developing a viable investing in Wcm China
Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of Chinese companies. The advisor considers a company to be a Chinese company if it has been organized under the laws of, has its principal offices in, or has its securities principally traded in, China, or if the company derives at least 50 percent of its revenues or net profits from, or has at least 50 percent of its assets or production capacities in, China. It is non-diversified.
Wcm China Mutual Fund Technical Analysis
Wcm China 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
Wcm China Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Wcm China Quality 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.
Wcm China November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Wcm China 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 Wcm China shares will generate the highest return on investment. By undertsting and applying Wcm China mutual fund market strength indicators, traders can identify Wcm China Quality entry and exit signals to maximize returns
Wcm China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wcm China's price direction in advance. Along with the technical and fundamental analysis of Wcm Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wcm 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 | 0.0657 | |||
| Jensen Alpha | 0.1324 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0139 | |||
| Treynor Ratio | 1.15 |
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| Volume Indicators |
Other Information on Investing in Wcm Mutual Fund
Wcm China financial ratios help investors to determine whether Wcm 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 Wcm with respect to the benefits of owning Wcm China security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |