Wasatch E Growth Fund Quote
| WIGRX Fund | USD 85.96 1.30 1.49% |
Performance3 of 100
| Odds Of DistressLess than 23
|
Wasatch E is trading at 85.96 as of the 16th of April 2024; that is -1.49 percent decrease since the beginning of the trading day. The fund's open price was 87.26. Wasatch E has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Wasatch E Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of April 2023 and ending today, the 16th of April 2024. Click here to learn more.
The fund invests primarily in smaller growing companies at reasonable prices. Wasatch Core is traded on NASDAQ Exchange in the United States. More on Wasatch E Growth
Moving together with Wasatch Mutual Fund
| 0.83 | WAAEX | Wasatch Small Cap | PairCorr |
| 0.68 | WAGSX | Wasatch Global Select | PairCorr |
| 0.83 | WAGOX | Wasatch Global Oppor | PairCorr |
| 0.81 | WAFMX | Wasatch Frontier Emerging | PairCorr |
Wasatch 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. Wasatch E's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wasatch E or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Wasatch Funds, Large Funds, Small Growth Funds, Small Growth, Wasatch (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 31st of January 2023 |
| Fiscal Year End | September |
Wasatch E Growth [WIGRX] is traded in USA and was established 16th of April 2024. Wasatch E is listed under Wasatch category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Wasatch family. This fund at this time has accumulated 3.24 B in net assets with no minimum investment requirementsWasatch E Growth is currently producing year-to-date (YTD) return of 3.25%, while the total return for the last 3 years was 1.81%.
Check Wasatch E Probability Of Bankruptcy
Instrument Allocation
Top Wasatch E Growth Mutual Fund Constituents
| HLNE | Hamilton Lane | Stock | Financials |
| EPAM | EPAM Systems | Stock | Information Technology |
| HCSG | Healthcare Services Group | Stock | Industrials |
| TCBI | Texas Capital Bancshares | Stock | Financials |
| GWRE | Guidewire Software | Stock | Information Technology |
| CYBR | CyberArk Software | Stock | Information Technology |
| AIMC | Altra Industrial Motion | Stock | Industrials |
Wasatch E Target Price Odds Analysis
Based on a normal probability distribution, the odds of Wasatch E jumping above the current price in 90 days from now is more than 93.0%. The Wasatch E Growth probability density function shows the probability of Wasatch E mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Wasatch E has a beta of 0.1012. This entails as returns on the market go up, Wasatch E average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wasatch E Growth will be expected to be much smaller as well. Additionally, wasatch E Growth has an alpha of 0.0289, implying that it can generate a 0.0289 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Wasatch E to move above the current price in 90 days from now is more than 93.0 (This Wasatch E Growth probability density function shows the probability of Wasatch Mutual Fund to fall within a particular range of prices over 90 days) .
Wasatch E Growth Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wasatch E market risk premium is the additional return an investor will receive from holding Wasatch E 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 Wasatch E. 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 Wasatch E's alpha and beta are two of the key measurements used to evaluate Wasatch E's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8561 | |||
| Semi Deviation | 1.21 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.2 |
Wasatch E Against Markets
Picking the right benchmark for Wasatch E 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 Wasatch E 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 Wasatch E is critical whether you are bullish or bearish towards Wasatch E Growth at a given time. Please also check how Wasatch E'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 Wasatch E 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.Did you try this?
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How to buy Wasatch Mutual Fund?
Before investing in Wasatch E, 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 Wasatch E. To buy Wasatch E fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wasatch E. 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 Wasatch E fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wasatch E Growth 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 Wasatch E Growth 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 Wasatch E Growth, 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 Wasatch E Growth?
The danger of trading Wasatch E Growth 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 Wasatch E 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 Wasatch E. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wasatch E Growth 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 Wasatch E Growth. 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 metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.