Wesmark Tactical Opportunity Fund Price on August 2, 2024
| WMKTX Fund | USD 11.88 0.04 0.34% |
Below is the normalized historical share price chart for Wesmark Tactical Opportunity extending back to March 01, 2017. 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 Wesmark Tactical stands at 11.88, as last reported on the 14th of December 2024, with the highest price reaching 11.88 and the lowest price hitting 11.88 during the day.
If you're considering investing in Wesmark Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Wesmark Mutual Fund to be very steady. Wesmark Tactical Opp shows Sharpe Ratio of 0.0195, which attests that the fund had a 0.0195% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wesmark Tactical Opp, which you can use to evaluate the volatility of the fund. Please check out Wesmark Tactical's Market Risk Adjusted Performance of 0.042, downside deviation of 0.3975, and Mean Deviation of 0.2877 to validate if the risk estimate we provide is consistent with the expected return of 0.0071%.
Wesmark Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wesmark |
Sharpe Ratio = 0.0195
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| Negative Returns | WMKTX |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Wesmark Tactical is performing at about 1% 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 Wesmark Tactical by adding it to a well-diversified portfolio.
Wesmark Tactical Valuation on August 2, 2024
It is possible to determine the worth of Wesmark Tactical on a given historical date. On August 2, 2024 Wesmark was worth 11.45 at the beginning of the trading date compared to the closed value of 11.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wesmark Tactical mutual fund. Still, in general, we apply an absolute valuation method to find Wesmark Tactical'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 Wesmark Tactical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wesmark Tactical's related companies.
| Open | High | Low | Close | Volume | |
| 11.53 | 11.53 | 11.53 | 11.53 | 1.00 | |
08/02/2024 | 11.45 | 11.45 | 11.45 | 11.45 | 1.00 |
| 11.30 | 11.30 | 11.30 | 11.30 | 1.00 |
| Backtest Wesmark Tactical | | | Wesmark Tactical History | | | Wesmark Tactical Valuation | Previous | Next |
Wesmark Tactical Trading Date Momentum on August 2, 2024
| On August 05 2024 Wesmark Tactical Opportunity was traded for 11.30 at the closing time. The highest daily price throughout the period was 11.30 and the lowest price was 11.30 . There was no trading activity during the period 1.0. Lack of trading volume on 08/05/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.31% . The trading price change to current closing price is 0.17% . |
Wesmark Tactical Opp Fundamentals Correlations and Trends
By evaluating Wesmark Tactical'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 Wesmark Tactical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wesmark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wesmark Tactical Mutual Fund history
Wesmark Tactical 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 Wesmark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wesmark Tactical Opp 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 Wesmark Tactical stock prices may prove useful in developing a viable investing in Wesmark Tactical
The fund pursues its investment objective by utilizing a tactical allocation strategy. It primarily invests in a mix of equity and fixed income securities and may also invest in commodity related investments. With respect to its investment in equity securities, the fund may invest in large cap stocks, small- and mid-cap stocks and international equity securities . With respect to its investment in fixed income securities, the fund may invest in domestic or foreign securities, corporate or sovereign, and of any quality or duration.
Wesmark Tactical Mutual Fund Technical Analysis
Wesmark Tactical 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
Wesmark Tactical Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Wesmark Tactical Opportunity 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.
Wesmark Tactical December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Wesmark Tactical 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 Wesmark Tactical shares will generate the highest return on investment. By undertsting and applying Wesmark Tactical mutual fund market strength indicators, traders can identify Wesmark Tactical Opportunity entry and exit signals to maximize returns
Wesmark Tactical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wesmark Tactical's price direction in advance. Along with the technical and fundamental analysis of Wesmark Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wesmark 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 | 0.0343 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 0.032 |
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Other Information on Investing in Wesmark Mutual Fund
Wesmark Tactical financial ratios help investors to determine whether Wesmark 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 Wesmark with respect to the benefits of owning Wesmark Tactical security.
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