Wilmington Municipal Bond Fund Price on October 29, 2024
| WTAIX Fund | USD 12.37 0.02 0.16% |
Below is the normalized historical share price chart for Wilmington Municipal Bond extending back to March 07, 1997. 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 Wilmington Municipal stands at 12.37, as last reported on the 1st of December, with the highest price reaching 12.37 and the lowest price hitting 12.37 during the day.
If you're considering investing in Wilmington Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Wilmington Mutual Fund to be very steady. Wilmington Municipal Bond shows Sharpe Ratio of 0.0327, which attests that the fund had a 0.0327% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wilmington Municipal Bond, which you can use to evaluate the volatility of the fund. Please check out Wilmington Municipal's Mean Deviation of 0.1235, market risk adjusted performance of (0.01), and Downside Deviation of 0.3125 to validate if the risk estimate we provide is consistent with the expected return of 0.0065%.
Wilmington Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wilmington |
Sharpe Ratio = 0.0327
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WTAIX |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Wilmington Municipal is performing at about 2% 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 Wilmington Municipal by adding it to a well-diversified portfolio.
Wilmington Municipal Valuation on October 29, 2024
It is possible to determine the worth of Wilmington Municipal on a given historical date. On October 29, 2024 Wilmington was worth 12.23 at the beginning of the trading date compared to the closed value of 12.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wilmington Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Wilmington Municipal'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 Wilmington Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wilmington Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
10/29/2024 | 12.23 | 12.23 | 12.23 | 12.23 | 1.00 |
| 12.24 | 12.24 | 12.24 | 12.24 | 1.00 |
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Wilmington Municipal Trading Date Momentum on October 29, 2024
| On October 30 2024 Wilmington Municipal Bond was traded for 12.24 at the closing time. The highest daily price throughout the period was 12.24 and the lowest price was 12.24 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.08% . The trading price change to current closing price is 0.57% . |
Wilmington Municipal Bond Fundamentals Correlations and Trends
By evaluating Wilmington Municipal'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 Wilmington Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wilmington financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wilmington Municipal Mutual Fund history
Wilmington Municipal 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 Wilmington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wilmington Municipal Bond 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 Wilmington Municipal stock prices may prove useful in developing a viable investing in Wilmington Municipal
Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in municipal securities that provide interest exempt from federal income tax. It may invest up to 20 percent of its assets in other types of fixed income securities that provide income that is subject to federal income tax. The fund seeks to maintain a weighted average maturity of three to ten years.
Wilmington Municipal Mutual Fund Technical Analysis
Wilmington Municipal 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
Wilmington Municipal Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Wilmington Municipal Bond 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.
Wilmington Municipal December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Wilmington Municipal 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 Wilmington Municipal shares will generate the highest return on investment. By undertsting and applying Wilmington Municipal mutual fund market strength indicators, traders can identify Wilmington Municipal Bond entry and exit signals to maximize returns
Wilmington Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wilmington Municipal's price direction in advance. Along with the technical and fundamental analysis of Wilmington Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wilmington 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 | 0.0148 | |||
| Jensen Alpha | 0.0115 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | (0.02) |
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| Volume Indicators |
Other Information on Investing in Wilmington Mutual Fund
Wilmington Municipal financial ratios help investors to determine whether Wilmington 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 Wilmington with respect to the benefits of owning Wilmington Municipal security.
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