Washington Mutual Investors Fund Quote

RWMEX Fund  USD 61.62  0.57  0.93%   

Performance

19 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 31

 
100  
 
Zero
Below Average
Washington Mutual is trading at 61.62 as of the 28th of March 2024; that is 0.93 percent up since the beginning of the trading day. The fund's open price was 61.05. Washington Mutual has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Washington Mutual Investors are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund invests primarily in common stocks of established companies that are listed on, or meet the financial listing requirements of, the New York Stock Exchange and have a strong record of earnings and dividends. Its advisor strives to maintain a fully invested, diversified portfolio, consisting primarily of high-quality common stocks.. More on Washington Mutual Investors

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Washington Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Washington Mutual's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Washington Mutual or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationAmerican Funds, Large Blend Funds, Large Blend, American Funds, Large Blend, Large Blend (View all Sectors)
Update Date31st of March 2024
Washington Mutual Investors [RWMEX] is traded in USA and was established 28th of March 2024. Washington Mutual is listed under American Funds category by Fama And French industry classification. The fund is listed under Large Blend category and is part of American Funds family. This fund at this time has accumulated 110.28 B in assets with no minimum investment requirementsWashington Mutual is currently producing year-to-date (YTD) return of 7.87% with the current yeild of 0.02%, while the total return for the last 3 years was 10.69%.
Check Washington Mutual Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Washington Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Washington Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Washington Mutual Investors Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Washington Mutual Investors Mutual Fund Constituents

SLBSchlumberger NVStockEnergy
LMTLockheed MartinStockIndustrials
KOThe Coca ColaStockConsumer Staples
JNJJohnson JohnsonStockHealth Care
UNHUnitedHealth Group IncorporatedStockHealth Care
PFEPfizer IncStockHealth Care
NOCNorthrop GrummanStockIndustrials
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Washington Mutual Target Price Odds Analysis

Based on a normal probability distribution, the odds of Washington Mutual jumping above the current price in 90 days from now is under 4%. The Washington Mutual Investors probability density function shows the probability of Washington Mutual mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Washington Mutual has a beta of 0.8667 indicating Washington Mutual Investors market returns are sensitive to returns on the market. As the market goes up or down, Washington Mutual is expected to follow. Additionally, washington Mutual Investors has an alpha of 0.0234, implying that it can generate a 0.0234 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 61.62HorizonTargetOdds Above 61.62
96.67%90 days
 61.62 
3.26%
Based on a normal probability distribution, the odds of Washington Mutual to move above the current price in 90 days from now is under 4 (This Washington Mutual Investors probability density function shows the probability of Washington Mutual Fund to fall within a particular range of prices over 90 days) .

Washington Mutual Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Washington Mutual market risk premium is the additional return an investor will receive from holding Washington Mutual long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Washington Mutual. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Washington Mutual's alpha and beta are two of the key measurements used to evaluate Washington Mutual's performance over the market, the standard measures of volatility play an important role as well.

Washington Mutual Against Markets

Picking the right benchmark for Washington Mutual mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Washington Mutual mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Washington Mutual is critical whether you are bullish or bearish towards Washington Mutual Investors at a given time. Please also check how Washington Mutual's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Washington Mutual without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Washington Mutual Fund?

Before investing in Washington Mutual, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Washington Mutual. To buy Washington Mutual fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Washington Mutual. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Washington Mutual fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Washington Mutual Investors fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Washington Mutual Investors fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Washington Mutual Investors, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Washington Mutual Investors?

The danger of trading Washington Mutual Investors is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Washington Mutual is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Washington Mutual. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Washington Mutual is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Washington Mutual Investors. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Washington Mutual information on this page should be used as a complementary analysis to other Washington Mutual's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Washington Mutual Fund analysis

When running Washington Mutual's price analysis, check to measure Washington Mutual's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Washington Mutual is operating at the current time. Most of Washington Mutual's value examination focuses on studying past and present price action to predict the probability of Washington Mutual's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Mutual's price. Additionally, you may evaluate how the addition of Washington Mutual to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Washington Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Mutual'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.