Washington Mutual Investors Fund Price on April 13, 2024
| RWMEX Fund | USD 62.13 0.10 0.16% |
Below is the normalized historical share price chart for Washington Mutual Investors extending back to May 31, 2002. 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 Washington Mutual stands at 62.13, as last reported on the 20th of May, with the highest price reaching 62.13 and the lowest price hitting 62.13 during the day.
If you're considering investing in Washington Mutual Fund, it is important to understand the factors that can impact its price. We consider Washington Mutual very steady. Washington Mutual shows Sharpe Ratio of 0.15, which attests that the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Washington Mutual, which you can use to evaluate the volatility of the fund. Please check out Washington Mutual's Downside Deviation of 0.6519, market risk adjusted performance of 0.0981, and Mean Deviation of 0.4912 to validate if the risk estimate we provide is consistent with the expected return of 0.0956%.
Washington Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Washington |
Sharpe Ratio = 0.1509
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Washington Mutual is performing at about 11% 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 Washington Mutual by adding it to a well-diversified portfolio.
Washington Mutual Valuation on April 13, 2024
It is possible to determine the worth of Washington Mutual on a given historical date. On April 13, 2024 Washington was worth 59.72 at the beginning of the trading date compared to the closed value of 59.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Washington Mutual mutual fund. Still, in general, we apply an absolute valuation method to find Washington Mutual'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 Washington Mutual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Washington Mutual's related companies.
| Open | High | Low | Close | Volume | |
| 60.64 | 60.64 | 60.64 | 60.64 | 1.00 | |
04/12/2024 | 59.72 | 59.72 | 59.72 | 59.72 | 1.00 |
| 59.25 | 59.25 | 59.25 | 59.25 | 1.00 |
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Washington Mutual Trading Date Momentum on April 13, 2024
| On April 15 2024 Washington Mutual Investors was traded for 59.25 at the closing time. The highest daily price throughout the period was 59.25 and the lowest price was 59.25 . There was no trading activity during the period 1.0. Lack of trading volume on 04/15/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.79% . The trading price change to current closing price is 0.75% . |
Washington Mutual Fundamentals Correlations and Trends
By evaluating Washington Mutual'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 Washington Mutual's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Washington financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Washington Mutual Mutual Fund history
Washington Mutual 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 Washington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Washington Mutual 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 Washington Mutual stock prices may prove useful in developing a viable investing in Washington Mutual
The fund invests primarily in common stocks of established companies that are listed on, or meet the financial listing requirements of, the New York Stock Exchange and have a strong record of earnings and dividends. Its advisor strives to maintain a fully invested, diversified portfolio, consisting primarily of high-quality common stocks.
Washington Mutual Mutual Fund Technical Analysis
Washington Mutual 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
Washington Mutual Period Price Range
Low | April 12, 2024
| High |
59.72 | 59.72 |
Washington Mutual May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Washington Mutual 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 Washington Mutual shares will generate the highest return on investment. By undertsting and applying Washington Mutual mutual fund market strength indicators, traders can identify Washington Mutual Investors entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 59.72 | |||
| Day Typical Price | 59.72 | |||
| Period Momentum Indicator | 2.41 | |||
| Relative Strength Index | 63.0 |
Washington Mutual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Washington Mutual's price direction in advance. Along with the technical and fundamental analysis of Washington Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Washington 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 | 0.0898 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0881 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Washington Mutual Investors. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Washington Mutual information on this page should be used as a complementary analysis to other Washington Mutual's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.