Index Fund Class Fund Price on August 3, 2023
| WFINX Fund | USD 55.10 4.29 7.22% |
Below is the normalized historical share price chart for Index Fund Class extending back to July 19, 2010. 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 Index Fund stands at 55.10, as last reported on the 14th of December 2024, with the highest price reaching 55.10 and the lowest price hitting 55.10 during the day.
If you're considering investing in Index Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Index Mutual Fund to be very steady. Index Fund Class holds Efficiency (Sharpe) Ratio of 0.0089, which attests that the entity had a 0.0089% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Index Fund Class, which you can use to evaluate the volatility of the entity. Please check out Index Fund's Risk Adjusted Performance of 0.0166, downside deviation of 1.61, and Market Risk Adjusted Performance of 0.0218 to validate if the risk estimate we provide is consistent with the expected return of 0.01%.
Index Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Index |
Sharpe Ratio = 0.0089
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WFINX |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Index Fund is not performing at its full potential. However, 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 Index Fund by adding Index Fund to a well-diversified portfolio.
Index Fund Valuation on August 3, 2023
It is possible to determine the worth of Index Fund on a given historical date. On August 3, 2023 Index was worth 46.61 at the beginning of the trading date compared to the closed value of 46.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Index Fund mutual fund. Still, in general, we apply an absolute valuation method to find Index Fund'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 Index Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Index Fund's related companies.
| Open | High | Low | Close | Volume | |
| 46.73 | 46.73 | 46.73 | 46.73 | 1.00 | |
08/03/2023 | 46.61 | 46.61 | 46.61 | 46.61 | 1.00 |
| 46.37 | 46.37 | 46.37 | 46.37 | 1.00 |
| Backtest Index Fund | | | Index Fund History | | | Index Fund Valuation | Previous | Next |
Index Fund Trading Date Momentum on August 3, 2023
| On August 04 2023 Index Fund Class was traded for 46.37 at the closing time. The highest daily price throughout the period was 46.37 and the lowest price was 46.37 . There was no trading activity during the period 1.0. Lack of trading volume on 08/04/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.51% . The trading delta at closing time to current closing price is 0.24% . |
Index Fund Class Fundamentals Correlations and Trends
By evaluating Index Fund'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 Index Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Index financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Index Fund Mutual Fund history
Index Fund 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 Index is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Index Fund Class 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 Index Fund stock prices may prove useful in developing a viable investing in Index Fund
The fund invests at least 80 percent of its net assets in a diversified portfolio of equity securities designed to replicate the holdings and weightings of the stocks comprising the SP 500 Index. The advisors invest in substantially all of the common stocks comprising the SP 500 Index and attempt to achieve at least a 95 percent correlation between the performance of the SP 500 Index and the funds investment results, before fees and expenses.
Index Fund Mutual Fund Technical Analysis
Index Fund 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
Index Fund Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Index Fund Class 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.
Index Fund December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Index Fund 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 Index Fund shares will generate the highest return on investment. By undertsting and applying Index Fund mutual fund market strength indicators, traders can identify Index Fund Class entry and exit signals to maximize returns
Index Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Index Fund's price direction in advance. Along with the technical and fundamental analysis of Index Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Index 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 | 0.0166 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0118 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Index Mutual Fund
Index Fund financial ratios help investors to determine whether Index 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 Index with respect to the benefits of owning Index Fund security.
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