Washington Mutual Investors Fund Price on June 23, 2023
| WSHFX Fund | USD 61.90 0.29 0.47% |
If you're considering investing in Washington Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Washington Mutual stands at 61.90, as last reported on the 27th of May, with the highest price reaching 61.90 and the lowest price hitting 61.90 during the day. We consider Washington Mutual very steady. Washington Mutual shows Sharpe Ratio of 0.0936, which attests that the fund had a 0.0936% 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 Mean Deviation of 0.4801, downside deviation of 0.671, and Market Risk Adjusted Performance of 0.2306 to validate if the risk estimate we provide is consistent with the expected return of 0.0579%.
Washington Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Washington |
Sharpe Ratio = 0.0936
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| Cash | WSHFX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Washington Mutual is performing at about 7% 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.
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Washington Mutual Valuation on June 23, 2023
It is possible to determine the worth of Washington Mutual on a given historical date. On June 23, 2023 Washington was worth 52.72 at the beginning of the trading date compared to the closed value of 50.97. 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 | |
| 53.14 | 53.14 | 51.37 | 51.37 | 1.00 | |
06/23/2023 | 52.72 | 52.72 | 50.97 | 50.97 | 1.00 |
| 52.71 | 52.71 | 50.96 | 50.96 | 1.00 |
| Backtest Washington Mutual | | | Washington Mutual History | | | Washington Mutual Valuation | Previous | Next |
Washington Mutual Trading Date Momentum on June 23, 2023
| On June 26 2023 Washington Mutual Investors was traded for 50.96 at the closing time. The highest daily price throughout the period was 52.71 and the lowest price was 50.96 . There was no trading activity during the period 1.0. Lack of trading volume on 06/26/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.02% . The trading price change to current closing price is 5.79% . |
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. Washington Mutual is traded on NASDAQ Exchange in the United States.
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 | June 23, 2023
| High |
52.72 | 50.97 |
Washington Mutual May 27, 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
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 | 0.0552 | |||
| Jensen Alpha | 0.0397 | |||
| Total Risk Alpha | 0.0076 | |||
| Sortino Ratio | 0.0147 | |||
| Treynor Ratio | 0.2206 |
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| Volume Indicators |
Check out Your Current Watchlist 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 census. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.