Wasatch Emerging Markets Fund Price on April 29, 2024
| WAEMX Fund | USD 3.06 0.02 0.66% |
Below is the normalized historical share price chart for Wasatch Emerging Markets extending back to October 01, 2007. 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 Emerging stands at 3.06, as last reported on the 17th of June 2024, with the highest price reaching 3.06 and the lowest price hitting 3.06 during the day.
If you're considering investing in Wasatch Mutual Fund, it is important to understand the factors that can impact its price. We consider Wasatch Emerging somewhat reliable. Wasatch Emerging Markets shows Sharpe Ratio of 0.11, which attests that the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wasatch Emerging Markets, which you can use to evaluate the volatility of the fund. Please check out Wasatch Emerging's Mean Deviation of 0.6042, market risk adjusted performance of 0.1381, and Downside Deviation of 1.2 to validate if the risk estimate we provide is consistent with the expected return of 0.0936%.
Wasatch Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wasatch |
Sharpe Ratio = 0.1113
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Wasatch Emerging is performing at about 8% 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 Emerging by adding it to a well-diversified portfolio.
Wasatch Emerging Valuation on April 29, 2024
It is possible to determine the worth of Wasatch Emerging on a given historical date. On April 29, 2024 Wasatch was worth 2.91 at the beginning of the trading date compared to the closed value of 2.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wasatch Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Wasatch Emerging'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 Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wasatch Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 2.89 | 2.89 | 2.89 | 2.89 | 1.00 | |
04/26/2024 | 2.91 | 2.91 | 2.91 | 2.91 | 1.00 |
| 2.94 | 2.94 | 2.94 | 2.94 | 1.00 |
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Wasatch Emerging Trading Date Momentum on April 29, 2024
| On April 30 2024 Wasatch Emerging Markets was traded for 2.94 at the closing time. The highest daily price throughout the period was 2.94 and the lowest price was 2.94 . There was no trading activity during the period 1.0. Lack of trading volume on 04/30/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.03% . The trading price change to current closing price is 2.75% . |
Wasatch Emerging Markets Fundamentals Correlations and Trends
By evaluating Wasatch Emerging'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 Emerging'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 Emerging Mutual Fund history
Wasatch Emerging 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 Emerging Markets 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 Emerging stock prices may prove useful in developing a viable investing in Wasatch Emerging
The fund invests primarily in small companies tied economically to emerging markets. It will invest at least 80 percent of the funds net assets in the equity securities, typically common stock, of small-capitalization companies that are tied economically to emerging market countries. The fund may invest a large percentage of its assets in a few sectors. These sectors were information technology, financials, industrials, consumer discretionary, and consumer staples. It is non-diversified.
Wasatch Emerging Mutual Fund Technical Analysis
Wasatch Emerging 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 Emerging Period Price Range
Low | April 26, 2024
| High |
2.91 | 2.91 |
Wasatch Emerging June 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Wasatch Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying Wasatch Emerging mutual fund market strength indicators, traders can identify Wasatch Emerging Markets entry and exit signals to maximize returns
Wasatch Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wasatch Emerging'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 | 0.0491 | |||
| Jensen Alpha | 0.0378 | |||
| Total Risk Alpha | 0.0117 | |||
| Sortino Ratio | 0.0163 | |||
| Treynor Ratio | 0.1281 |
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Other Information on Investing in Wasatch Mutual Fund
Wasatch Emerging 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 Emerging security.
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