Wesmark West Virginia Fund Market Value

WMKMX Fund  USD 9.81  0.01  0.10%   
Wesmark West's market value is the price at which a share of Wesmark West trades on a public exchange. It measures the collective expectations of Wesmark West Virginia investors about its performance. Wesmark West is trading at 9.81 as of the 4th of March 2025; that is 0.1 percent decrease since the beginning of the trading day. The fund's open price was 9.82.
With this module, you can estimate the performance of a buy and hold strategy of Wesmark West Virginia and determine expected loss or profit from investing in Wesmark West over a given investment horizon. Check out Wesmark West Correlation, Wesmark West Volatility and Wesmark West Alpha and Beta module to complement your research on Wesmark West.
Symbol

Please note, there is a significant difference between Wesmark West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wesmark West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wesmark West'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 West '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 West'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 West.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/04/2025
0.00
If you would invest  0.00  in Wesmark West on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Wesmark West Virginia or generate 0.0% return on investment in Wesmark West over 720 days. Wesmark West is related to or competes with Wesmark Government, Wesmark Growth, Wesmark Balanced, and Wesmark Small. The fund pursues its investment objective by investing at least 80 percent of its net assets in a professionally managed... More

Wesmark West 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 West'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 West Virginia upside and downside potential and time the market with a certain degree of confidence.

Wesmark West Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wesmark West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wesmark West's standard deviation. In reality, there are many statistical measures that can use Wesmark West historical prices to predict the future Wesmark West's volatility.
Hype
Prediction
LowEstimatedHigh
9.549.8110.08
Details
Intrinsic
Valuation
LowRealHigh
9.519.7810.05
Details
Naive
Forecast
LowNextHigh
9.609.8710.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.549.719.88
Details

Wesmark West Virginia Backtested Returns

Wesmark West Virginia shows Sharpe Ratio of -0.0301, which attests that the fund had a -0.0301 % return per unit of risk over the last 3 months. Wesmark West Virginia exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wesmark West's Downside Deviation of 0.4101, market risk adjusted performance of 0.1124, and Mean Deviation of 0.1909 to validate the risk estimate we provide. The entity maintains a market beta of 0.0575, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wesmark West's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wesmark West is expected to be smaller as well.

Auto-correlation

    
  -0.19  

Insignificant reverse predictability

Wesmark West Virginia has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wesmark West 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 West Virginia price movement. The serial correlation of -0.19 indicates that over 19.0% of current Wesmark West price fluctuation can be explain by its past prices.
Correlation Coefficient-0.19
Spearman Rank Test0.05
Residual Average0.0
Price Variance0.02

Wesmark West Virginia lagged returns against current returns

Autocorrelation, which is Wesmark West 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 West's mutual fund expected returns. We can calculate the autocorrelation of Wesmark West returns to help us make a trade decision. For example, suppose you find that Wesmark West 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 West 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 West mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wesmark West 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 West mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Wesmark West Lagged Returns

When evaluating Wesmark West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wesmark West mutual fund have on its future price. Wesmark West 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 West autocorrelation shows the relationship between Wesmark West mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wesmark West Virginia.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Wesmark Mutual Fund

Wesmark West 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 West security.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges