Emerging Growth Fund Price on March 4, 2024
| WFGDX Fund | USD 10.31 0.07 0.68% |
Below is the normalized historical share price chart for Emerging Growth Fund extending back to February 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 Emerging Growth stands at 10.31, as last reported on the 5th of May, with the highest price reaching 10.31 and the lowest price hitting 10.31 during the day.
If you're considering investing in Emerging Mutual Fund, it is important to understand the factors that can impact its price. We consider Emerging Growth not too volatile. Emerging Growth secures Sharpe Ratio (or Efficiency) of 0.0683, which denotes the fund had a 0.0683% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Emerging Growth Fund, which you can use to evaluate the volatility of the entity. Please confirm Emerging Growth's Mean Deviation of 1.02, coefficient of variation of 1152.55, and Downside Deviation of 1.41 to check if the risk estimate we provide is consistent with the expected return of 0.0854%.
Emerging Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Emerging |
Sharpe Ratio = 0.0683
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| Cash | WFGDX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Emerging Growth is performing at about 5% 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 Emerging Growth by adding it to a well-diversified portfolio.
Emerging Growth Valuation on March 4, 2024
It is possible to determine the worth of Emerging Growth on a given historical date. On March 4, 2024 Emerging was worth 10.76 at the beginning of the trading date compared to the closed value of 10.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emerging Growth mutual fund. Still, in general, we apply an absolute valuation method to find Emerging Growth'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 Emerging Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emerging Growth's related companies.
| Open | High | Low | Close | Volume | |
| 10.76 | 10.76 | 10.76 | 10.76 | 1.00 | |
03/04/2024 | 10.76 | 10.76 | 10.76 | 10.76 | 1.00 |
| 10.50 | 10.50 | 10.50 | 10.50 | 1.00 |
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Emerging Growth Trading Date Momentum on March 4, 2024
| On March 05 2024 Emerging Growth Fund was traded for 10.50 at the closing time. The highest daily price throughout the period was 10.50 and the lowest price was 10.50 . There was no trading activity during the period 1.0. Lack of trading volume on 03/05/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.42% . The overall trading delta to current closing price is 3.53% . |
Emerging Growth Fundamentals Correlations and Trends
By evaluating Emerging Growth'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 Emerging Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Emerging financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Emerging Growth Mutual Fund history
Emerging Growth 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 Emerging is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emerging Growth 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 Emerging Growth stock prices may prove useful in developing a viable investing in Emerging Growth
The fund invests at least 80 percent of its total assets in equity securities of small-capitalization companies, and up to 25 percent of its total assets in equity securities of foreign issuers through ADRs and similar investments. It is a feeder fund that invests substantially all of its assets in the Emerging Growth Portfolio, a master portfolio with a substantially identical investment objective and substantially similar investment strategies.
Emerging Growth Mutual Fund Technical Analysis
Emerging Growth 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
Emerging Growth Period Price Range
Low | March 4, 2024
| High |
10.76 | 10.76 |
Emerging Growth May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Emerging Growth 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 Emerging Growth shares will generate the highest return on investment. By undertsting and applying Emerging Growth mutual fund market strength indicators, traders can identify Emerging Growth Fund entry and exit signals to maximize returns
Emerging Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Emerging Growth's price direction in advance. Along with the technical and fundamental analysis of Emerging Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emerging 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 | 0.0598 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0215 | |||
| Treynor Ratio | 0.0607 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Emerging Growth 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 unemployment. Note that the Emerging Growth information on this page should be used as a complementary analysis to other Emerging Growth'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.