Washington Mutual Investors Fund One Year Return
CWMAX Fund | USD 61.88 0.57 0.93% |
Washington Mutual Investors fundamentals help investors to digest information that contributes to Washington Mutual's financial success or failures. It also enables traders to predict the movement of Washington Mutual Fund. The fundamental analysis module provides a way to measure Washington Mutual's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Washington Mutual mutual fund.
Washington |
Washington One Year Return Analysis
Washington Mutual's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Washington Mutual One Year Return | 29.16 % |
Most of Washington Mutual's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Washington Mutual Investors is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition |
Washington Mutual One Year Return Component Assessment
Based on the recorded statements, Washington Mutual Investors has an One Year Return of 29.1574%. This is much higher than that of the American Funds family and significantly higher than that of the Large Blend category. The one year return for all United States funds is notably lower than that of the firm.
Washington One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Washington Mutual's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Washington Mutual could also be used in its relative valuation, which is a method of valuing Washington Mutual by comparing valuation metrics of similar companies.Washington Mutual is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Washington Mutual
The fund consists of 95.12% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Washington Mutual's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Washington Fundamentals
Price To Earning | 3.44 X | ||||
Price To Book | 3.08 X | ||||
Price To Sales | 1.85 X | ||||
Total Asset | 153.91 B | ||||
Annual Yield | 0.01 % | ||||
Year To Date Return | 8.09 % | ||||
One Year Return | 29.16 % | ||||
Three Year Return | 11.44 % | ||||
Five Year Return | 13.05 % | ||||
Ten Year Return | 11.99 % | ||||
Net Asset | 110.28 B | ||||
Last Dividend Paid | 0.2 | ||||
Cash Position Weight | 4.63 % | ||||
Equity Positions Weight | 95.12 % |
About Washington Mutual Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Washington Mutual Investors's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Washington Mutual using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Washington Mutual Investors based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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. Its advisor strives to maintain a fully invested, diversified portfolio, consisting primarily of high-quality common stocks.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Washington Mutual in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Washington Mutual's short interest history, or implied volatility extrapolated from Washington Mutual options trading.
Pair Trading with Washington Mutual
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Washington Mutual position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Washington Mutual will appreciate offsetting losses from the drop in the long position's value.Moving together with Washington Mutual Fund
1.0 | STFGX | State Farm Growth | PairCorr |
0.87 | AMECX | Income Fund | PairCorr |
0.81 | REJTX | American Funds 2015 | PairCorr |
0.97 | RNEBX | New World Fund | PairCorr |
0.95 | AMFCX | American Mutual Fund | PairCorr |
The ability to find closely correlated positions to Washington Mutual could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Washington Mutual when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Washington Mutual - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Washington Mutual Investors to buy it.
The correlation of Washington Mutual is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Washington Mutual moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Washington Mutual moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Washington Mutual can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Washington Mutual Piotroski F Score and Washington Mutual Altman Z Score analysis. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Washington Mutual Fund analysis
When running Washington Mutual's price analysis, check to measure Washington Mutual'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 Washington Mutual is operating at the current time. Most of Washington Mutual's value examination focuses on studying past and present price action to predict the probability of Washington Mutual's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Mutual's price. Additionally, you may evaluate how the addition of Washington Mutual to your portfolios can decrease your overall portfolio volatility.
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