Westwood Smidcap Fund Quote

WHGMX Fund  USD 15.58  0.31  2.03%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Westwood Smidcap is trading at 15.58 as of the 28th of March 2024; that is 2.03% increase since the beginning of the trading day. The fund's open price was 15.27. Westwood Smidcap has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Westwood Smidcap Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of small- and mid-cap companies. The fund managers consider small- and mid-cap companies to be those companies within the market capitalization range of the Russell 2500 Index at the time of initial purchase. More on Westwood Smidcap Fund

Moving together with Westwood Mutual Fund

  0.76USG USCF Gold Strategy Symbol ChangePairCorr
  0.89WSDAX Westwood Short DurationPairCorr
  0.92WTOCX Westwood Total ReturnPairCorr
  0.92WLVIX Westwood Low VolatilityPairCorr
  0.86WMNUX Westwood Market NeutralPairCorr
  0.86WMNAX Westwood AlternativePairCorr
  0.85WMNIX Westwood Market NeutralPairCorr

Westwood Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Westwood Smidcap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westwood Smidcap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationWestwood Funds, Large Funds, Small Blend Funds, Small Blend, Westwood (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of March 2021
Fiscal Year EndOctober
Westwood Smidcap Fund [WHGMX] is traded in USA and was established 28th of March 2024. Westwood Smidcap is listed under Westwood category by Fama And French industry classification. The fund is listed under Small Blend category and is part of Westwood family. This fund at this time has accumulated 325.67 M in net assets with minimum initial investment of 100 K. Westwood Smidcap Fund is currently producing year-to-date (YTD) return of 5.17% with the current yeild of 0.01%, while the total return for the last 3 years was 6.82%.
Check Westwood Smidcap Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Westwood Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Westwood Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Westwood Smidcap Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Westwood Smidcap Fund Mutual Fund Constituents

CDEVCentennial Resource DevelopmentStockEnergy
NVTNVent Electric PLCStockIndustrials
WTMWhite Mountains InsuranceStockFinancials
VOYAVoya FinancialStockFinancials
SAHSonic AutomotiveStockConsumer Discretionary
HCSGHealthcare Services GroupStockIndustrials
WAFDWashington FederalStockFinancials
More Details

Westwood Smidcap Target Price Odds Analysis

Based on a normal probability distribution, the odds of Westwood Smidcap jumping above the current price in 90 days from now is near 1%. The Westwood Smidcap Fund probability density function shows the probability of Westwood Smidcap mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Westwood Smidcap Fund has a beta of -0.2225. This entails as returns on benchmark increase, returns on holding Westwood Smidcap are expected to decrease at a much lower rate. During the bear market, however, Westwood Smidcap Fund is likely to outperform the market. Additionally, westwood Smidcap Fund has an alpha of 0.1231, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 15.58HorizonTargetOdds Above 15.58
99.55%90 days
 15.58 
0.44%
Based on a normal probability distribution, the odds of Westwood Smidcap to move above the current price in 90 days from now is near 1 (This Westwood Smidcap Fund probability density function shows the probability of Westwood Mutual Fund to fall within a particular range of prices over 90 days) .

Westwood Smidcap Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Westwood Smidcap market risk premium is the additional return an investor will receive from holding Westwood Smidcap long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Westwood Smidcap. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Westwood Smidcap's alpha and beta are two of the key measurements used to evaluate Westwood Smidcap's performance over the market, the standard measures of volatility play an important role as well.

Westwood Smidcap Against Markets

Picking the right benchmark for Westwood Smidcap mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Westwood Smidcap mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Westwood Smidcap is critical whether you are bullish or bearish towards Westwood Smidcap Fund at a given time. Please also check how Westwood Smidcap's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Westwood Smidcap without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Westwood Mutual Fund?

Before investing in Westwood Smidcap, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Westwood Smidcap. To buy Westwood Smidcap fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Westwood Smidcap. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Westwood Smidcap fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Westwood Smidcap Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Westwood Smidcap Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Westwood Smidcap Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Westwood Smidcap Fund?

The danger of trading Westwood Smidcap Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westwood Smidcap is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westwood Smidcap. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westwood Smidcap Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westwood Smidcap Fund. 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 population.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Westwood Mutual Fund analysis

When running Westwood Smidcap's price analysis, check to measure Westwood Smidcap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westwood Smidcap is operating at the current time. Most of Westwood Smidcap's value examination focuses on studying past and present price action to predict the probability of Westwood Smidcap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westwood Smidcap's price. Additionally, you may evaluate how the addition of Westwood Smidcap to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Westwood Smidcap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westwood Smidcap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westwood Smidcap's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.