Wesmark West Virginia Fund Manager Performance Evaluation
| WMKMX Fund | USD 9.88 0.02 0.20% |
The entity maintains a market beta of 0.0817, 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.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Wesmark West Virginia are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Wesmark West is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 1.1000 |
Wesmark |
Wesmark West Relative Risk vs. Return Landscape
If you would invest 984.00 in Wesmark West Virginia on September 14, 2024 and sell it today you would earn a total of 4.00 from holding Wesmark West Virginia or generate 0.41% return on investment over 90 days. Wesmark West Virginia is currently producing 0.0068% returns and takes up 0.2655% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Wesmark, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Wesmark West Current Valuation
Fairly Valued
Today
Please note that Wesmark West's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Wesmark West Virginia maintains a prevalent Real Value of $9.85 per share. The last-minute price of the fund is $9.88. We determine the value of Wesmark West Virginia 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 Wesmark West is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wesmark Mutual Fund. However, Wesmark West'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 9.88 | Real 9.85 | Hype 9.88 | Naive 9.86 |
The intrinsic value of Wesmark West'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 Wesmark West'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.
Estimating the potential upside or downside of Wesmark West Virginia helps investors to forecast how Wesmark 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 Wesmark West more accurately as focusing exclusively on Wesmark West's fundamentals will not take into account other important factors: Wesmark West Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wesmark West's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Wesmark West Virginia, and traders can use it to determine the average amount a Wesmark West'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 = 0.0256
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Estimated Market Risk
| 0.27 actual daily | 2 98% 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 Wesmark West 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 Wesmark West by adding it to a well-diversified portfolio.
Wesmark West Fundamentals Growth
Wesmark Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Wesmark West, and Wesmark West 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 Wesmark Mutual Fund performance.
About Wesmark West Performance
Evaluating Wesmark West's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Wesmark West 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 Wesmark West 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 pursues its investment objective by investing at least 80 percent of its net assets in a professionally managed portfolio consisting primarily of investment-grade securities issued by the State of West Virginia and its political subdivisions, agencies and authorities, and other issuers , the interest of which is exempt from federal income tax, federal alternative minimum tax , and West Virginia income tax. It is non-diversified.Things to note about Wesmark West Virginia performance evaluation
Checking the ongoing alerts about Wesmark West for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Wesmark West Virginia 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 -1.0% | |
| Wesmark West Virginia keeps about 98.4% of its net assets in bonds |
- Analyzing Wesmark West'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 Wesmark West's stock is overvalued or undervalued compared to its peers.
- Examining Wesmark West'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 Wesmark West's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wesmark West's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Wesmark West's mutual fund. These opinions can provide insight into Wesmark West's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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