Wasatch Global Select Fund Manager Performance Evaluation

WAGSX Fund  USD 13.05  0.09  0.69%   
The entity maintains a market beta of 0.86, which attests to possible diversification benefits within a given portfolio. Wasatch Global returns are very sensitive to returns on the market. As the market goes up or down, Wasatch Global is expected to follow.

Risk-Adjusted Performance

11 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Wasatch Global Select are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Wasatch Global may actually be approaching a critical reversion point that can send shares even higher in January 2025.
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Expense Ratio Date31st of January 2023
Expense Ratio1.3600
  

Wasatch Global Relative Risk vs. Return Landscape

If you would invest  1,202  in Wasatch Global Select on September 5, 2024 and sell it today you would earn a total of  94.00  from holding Wasatch Global Select or generate 7.82% return on investment over 90 days. Wasatch Global Select is currently producing 0.121% returns and takes up 0.8118% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Wasatch, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Wasatch Global is expected to generate 1.31 times less return on investment than the market. In addition to that, the company is 1.09 times more volatile than its market benchmark. It trades about 0.15 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.21 per unit of volatility.

Wasatch Global Current Valuation

Fairly Valued
Today
13.05
Please note that Wasatch Global's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Wasatch Global Select maintains a prevalent Real Value of $12.92 per share. The last-minute price of the fund is $13.05. We determine the value of Wasatch Global Select from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since Wasatch Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wasatch Mutual Fund. However, Wasatch Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  13.05 Real  12.92 Hype  13.05 Naive  13.07
The intrinsic value of Wasatch Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Wasatch Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
12.92
Real Value
13.73
Upside
Estimating the potential upside or downside of Wasatch Global Select helps investors to forecast how Wasatch mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Wasatch Global more accurately as focusing exclusively on Wasatch Global's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.6012.8313.06
Details
Hype
Prediction
LowEstimatedHigh
12.2413.0513.86
Details
Naive
Forecast
LowNext ValueHigh
12.2613.0713.89
Details

Wasatch Global Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Wasatch Global Select, and traders can use it to determine the average amount a Wasatch Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.149

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Estimated Market Risk

 0.81
  actual daily
7
93% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Wasatch Global is performing at about 11% 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 Wasatch Global by adding it to a well-diversified portfolio.

Wasatch Global Fundamentals Growth

Wasatch Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Wasatch Global, and Wasatch Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Wasatch Mutual Fund performance.

About Wasatch Global Performance

Evaluating Wasatch Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Wasatch Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Wasatch Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in foreign and domestic companies of all market capitalizations. Under normal market conditions, it will invest the funds assets primarily in equity securities, typically common stock, issued by foreign and domestic companies. The fund may invest a significant portion of its net assets in companies tied economically to foreign countries. It is non-diversified.

Things to note about Wasatch Global Select performance evaluation

Checking the ongoing alerts about Wasatch Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Wasatch Global Select help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of -3.0%
Wasatch Global Select keeps 99.67% of its net assets in stocks
Evaluating Wasatch Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Wasatch Global's mutual fund performance include:
  • Analyzing Wasatch Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Wasatch Global's stock is overvalued or undervalued compared to its peers.
  • Examining Wasatch Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Wasatch Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wasatch Global's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Wasatch Global's mutual fund. These opinions can provide insight into Wasatch Global's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Wasatch Global's mutual fund performance is not an exact science, and many factors can impact Wasatch Global's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Wasatch Mutual Fund

Wasatch Global financial ratios help investors to determine whether Wasatch 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 Wasatch with respect to the benefits of owning Wasatch Global security.
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