Weitz Balanced Fund Price on January 26, 2024
| WBAIX Fund | USD 17.83 0.03 0.17% |
Below is the normalized historical share price chart for Weitz Balanced extending back to April 01, 2019. 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 Weitz Balanced stands at 17.83, as last reported on the 11th of December 2024, with the highest price reaching 17.83 and the lowest price hitting 17.83 during the day.
If you're considering investing in Weitz Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Weitz Mutual Fund to be out of control. Weitz Balanced shows Sharpe Ratio of 0.0586, which attests that the fund had a 0.0586% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Weitz Balanced, which you can use to evaluate the volatility of the fund. Please check out Weitz Balanced's Market Risk Adjusted Performance of 0.0575, downside deviation of 0.3061, and Mean Deviation of 0.2378 to validate if the risk estimate we provide is consistent with the expected return of 0.0193%.
Weitz Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Weitz |
Sharpe Ratio = 0.0586
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WBAIX |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Weitz Balanced is performing at about 4% 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 Weitz Balanced by adding it to a well-diversified portfolio.
Weitz Balanced Valuation on January 26, 2024
It is possible to determine the worth of Weitz Balanced on a given historical date. On January 26, 2024 Weitz was worth 16.59 at the beginning of the trading date compared to the closed value of 16.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weitz Balanced mutual fund. Still, in general, we apply an absolute valuation method to find Weitz Balanced'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 Weitz Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weitz Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 16.58 | 16.58 | 16.58 | 16.58 | 1.00 | |
01/26/2024 | 16.59 | 16.59 | 16.59 | 16.59 | 1.00 |
| 16.67 | 16.67 | 16.67 | 16.67 | 1.00 |
| Backtest Weitz Balanced | | | Weitz Balanced History | | | Weitz Balanced Valuation | Previous | Next |
Weitz Balanced Trading Date Momentum on January 26, 2024
| On January 29 2024 Weitz Balanced was traded for 16.67 at the closing time. The highest daily price throughout the period was 16.67 and the lowest price was 16.67 . There was no trading activity during the period 1.0. Lack of trading volume on 01/29/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.48% . The trading price change to current closing price is 0.12% . |
Weitz Balanced Fundamentals Correlations and Trends
By evaluating Weitz Balanced'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 Weitz Balanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weitz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Weitz Balanced Mutual Fund history
Weitz Balanced 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 Weitz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weitz Balanced 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 Weitz Balanced stock prices may prove useful in developing a viable investing in Weitz Balanced
The fund invests primarily in a portfolio of equity and debt securities. It normally invests at least 25 percent of its total assets in equity securities, such as common stocks and a variety of securities convertible into common stock such as rights, warrants and convertible preferred stock. The fund will invest at least 25 percent of its total assets in investment-grade debt securities such as U.S. government securities, corporate debt securities, other mortgage-backed securities and asset-backed securities.
Weitz Balanced Mutual Fund Technical Analysis
Weitz Balanced 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
Weitz Balanced Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Weitz Balanced cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Weitz Balanced December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Weitz Balanced 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 Weitz Balanced shares will generate the highest return on investment. By undertsting and applying Weitz Balanced mutual fund market strength indicators, traders can identify Weitz Balanced entry and exit signals to maximize returns
Weitz Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weitz Balanced's price direction in advance. Along with the technical and fundamental analysis of Weitz Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weitz 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 | 0.0461 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 0.0475 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Weitz Mutual Fund
Weitz Balanced financial ratios help investors to determine whether Weitz 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 Weitz with respect to the benefits of owning Weitz Balanced security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |