Westwood Income Opportunity Fund Price on September 13, 2024
| WWICX Fund | USD 12.41 0.05 0.40% |
Below is the normalized historical share price chart for Westwood Income Opportunity extending back to September 03, 2019. 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 Westwood Income stands at 12.41, as last reported on the 1st of December, with the highest price reaching 12.41 and the lowest price hitting 12.41 during the day.
If you're considering investing in Westwood Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Westwood Mutual Fund to be very steady. Westwood Income Oppo 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-eight technical indicators for Westwood Income Oppo, which you can use to evaluate the volatility of the fund. Please check out Westwood Income's Mean Deviation of 0.2837, market risk adjusted performance of 0.1485, and Downside Deviation of 0.38 to validate if the risk estimate we provide is consistent with the expected return of 0.0715%.
Westwood Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Westwood |
Sharpe Ratio = 0.1973
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Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Westwood Income 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 Westwood Income by adding it to a well-diversified portfolio.
Westwood Income Valuation on September 13, 2024
It is possible to determine the worth of Westwood Income on a given historical date. On September 13, 2024 Westwood was worth 11.99 at the beginning of the trading date compared to the closed value of 11.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Westwood Income mutual fund. Still, in general, we apply an absolute valuation method to find Westwood Income'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 Westwood Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Westwood Income's related companies.
| Open | High | Low | Close | Volume | |
| 11.92 | 11.92 | 11.92 | 11.92 | 1.00 | |
09/13/2024 | 11.99 | 11.99 | 11.99 | 11.99 | 1.00 |
| 12.03 | 12.03 | 12.03 | 12.03 | 1.00 |
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Westwood Income Trading Date Momentum on September 13, 2024
| On September 16 2024 Westwood Income Opportunity was traded for 12.03 at the closing time. The highest daily price throughout the period was 12.03 and the lowest price was 12.03 . There was no trading activity during the period 1.0. Lack of trading volume on 09/16/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.33% . The trading price change to current closing price is 0.75% . |
Westwood Income Oppo Fundamentals Correlations and Trends
By evaluating Westwood Income'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 Westwood Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Westwood financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Westwood Income Mutual Fund history
Westwood Income 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 Westwood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Westwood Income Oppo 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 Westwood Income stock prices may prove useful in developing a viable investing in Westwood Income
Under normal circumstances, the fund seeks to meet its investment objectives by investing generally more than 80 percent of its net assets, plus any borrowings for investment purposes, in dividend-paying andor interest-bearing securities. The fund aims to invest in securities of companies with a strong and improving cash flow sufficient to support a sustainable or rising income stream for investors.
Westwood Income Mutual Fund Technical Analysis
Westwood Income 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
Westwood Income Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Westwood Income Opportunity 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.
Westwood Income December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Westwood Income 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 Westwood Income shares will generate the highest return on investment. By undertsting and applying Westwood Income mutual fund market strength indicators, traders can identify Westwood Income Opportunity entry and exit signals to maximize returns
Westwood Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Westwood Income's price direction in advance. Along with the technical and fundamental analysis of Westwood Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Westwood 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 | 0.1225 | |||
| Jensen Alpha | 0.0043 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.1385 |
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Other Information on Investing in Westwood Mutual Fund
Westwood Income financial ratios help investors to determine whether Westwood 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 Westwood with respect to the benefits of owning Westwood Income security.
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