Wesmark Government Bond Fund Market Value

WMBDX Fund  USD 7.95  0.02  0.25%   
Wesmark Government's market value is the price at which a share of Wesmark Government trades on a public exchange. It measures the collective expectations of Wesmark Government Bond investors about its performance. Wesmark Government is trading at 7.95 as of the 4th of March 2025; that is 0.25 percent increase since the beginning of the trading day. The fund's open price was 7.93.
With this module, you can estimate the performance of a buy and hold strategy of Wesmark Government Bond and determine expected loss or profit from investing in Wesmark Government over a given investment horizon. Check out Wesmark Government Correlation, Wesmark Government Volatility and Wesmark Government Alpha and Beta module to complement your research on Wesmark Government.
Symbol

Please note, there is a significant difference between Wesmark Government's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wesmark Government is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wesmark Government's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Wesmark Government 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wesmark Government's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wesmark Government.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/04/2025
0.00
If you would invest  0.00  in Wesmark Government on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Wesmark Government Bond or generate 0.0% return on investment in Wesmark Government over 720 days. Wesmark Government is related to or competes with Wesmark Growth, Wesmark Small, Wesmark Balanced, Wesmark West, and Federated International. The fund pursues its investment objective by investing primarily in U.S More

Wesmark Government Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wesmark Government's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wesmark Government Bond upside and downside potential and time the market with a certain degree of confidence.

Wesmark Government Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wesmark Government's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wesmark Government's standard deviation. In reality, there are many statistical measures that can use Wesmark Government historical prices to predict the future Wesmark Government's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wesmark Government's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
7.627.958.28
Details
Intrinsic
Valuation
LowRealHigh
7.587.918.24
Details
Naive
Forecast
LowNextHigh
7.708.038.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.667.797.92
Details

Wesmark Government Bond Backtested Returns

At this stage we consider Wesmark Mutual Fund to be very steady. Wesmark Government Bond shows Sharpe Ratio of 0.0667, which attests that the fund had a 0.0667 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wesmark Government Bond, which you can use to evaluate the volatility of the fund. Please check out Wesmark Government's Market Risk Adjusted Performance of 0.2252, downside deviation of 0.3687, and Mean Deviation of 0.248 to validate if the risk estimate we provide is consistent with the expected return of 0.022%. The entity maintains a market beta of 0.0718, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wesmark Government's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wesmark Government is expected to be smaller as well.

Auto-correlation

    
  -0.51  

Good reverse predictability

Wesmark Government Bond has good reverse predictability. Overlapping area represents the amount of predictability between Wesmark Government time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wesmark Government Bond price movement. The serial correlation of -0.51 indicates that about 51.0% of current Wesmark Government price fluctuation can be explain by its past prices.
Correlation Coefficient-0.51
Spearman Rank Test-0.19
Residual Average0.0
Price Variance0.03

Wesmark Government Bond lagged returns against current returns

Autocorrelation, which is Wesmark Government mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Wesmark Government's mutual fund expected returns. We can calculate the autocorrelation of Wesmark Government returns to help us make a trade decision. For example, suppose you find that Wesmark Government has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Wesmark Government regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Wesmark Government mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wesmark Government mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wesmark Government mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Wesmark Government Lagged Returns

When evaluating Wesmark Government's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wesmark Government mutual fund have on its future price. Wesmark Government autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Wesmark Government autocorrelation shows the relationship between Wesmark Government mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wesmark Government Bond.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Wesmark Mutual Fund

Wesmark Government 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 Government security.
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