Washington Mutual Investors Fund Technical Analysis
| WMFFX Fund | USD 59.61 0.47 0.78% |
As of the 16th of April 2024, Washington Mutual maintains the Mean Deviation of 0.4745, market risk adjusted performance of 0.0817, and Downside Deviation of 0.6762. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Washington Mutual Investors, as well as the relationship between them. Specifically, you can use this information to find out if the fund will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Washington Mutual, which can be compared to its peers. Please check out Washington Mutual jensen alpha and semi variance to decide if Washington Mutual is priced fairly, providing market reflects its latest price of 59.61 per share.
Washington Mutual Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Washington, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WashingtonWashington |
Washington Mutual technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Washington Mutual Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Washington Mutual volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Washington Mutual Trend Analysis
Use this graph to draw trend lines for Washington Mutual Investors. You can use it to identify possible trend reversals for Washington Mutual as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Washington Mutual price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Washington Mutual Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Washington Mutual Investors applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Washington Mutual Investors will continue generating value for investors. It has 122 observation points and a regression sum of squares at 182.15, which is the sum of squared deviations for the predicted Washington Mutual price change compared to its average price change.About Washington Mutual Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Washington Mutual Investors on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Washington Mutual Investors based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Washington Mutual price pattern first instead of the macroeconomic environment surrounding Washington Mutual. By analyzing Washington Mutual's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Washington Mutual's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Washington Mutual specific price patterns or momentum indicators. Please read more on our technical analysis page.
Washington Mutual April 16, 2024 Technical Indicators
Most technical analysis of Washington help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Washington from various momentum indicators to cycle indicators. When you analyze Washington charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0752 | |||
| Market Risk Adjusted Performance | 0.0817 | |||
| Mean Deviation | 0.4745 | |||
| Semi Deviation | 0.519 | |||
| Downside Deviation | 0.6762 | |||
| Coefficient Of Variation | 833.69 | |||
| Standard Deviation | 0.6263 | |||
| Variance | 0.3922 | |||
| Information Ratio | 0.0198 | |||
| Jensen Alpha | 0.0173 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | 0.0184 | |||
| Treynor Ratio | 0.0717 | |||
| Maximum Drawdown | 3.1 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.07 | |||
| Downside Variance | 0.4572 | |||
| Semi Variance | 0.2693 | |||
| Expected Short fall | (0.47) | |||
| Skewness | (0.26) | |||
| Kurtosis | 0.1823 |
Washington Mutual One Year Return
Based on the recorded statements, Washington Mutual Investors has an One Year Return of 19.9449%. This is much higher than that of the American Funds family and significantly higher than that of the Large Blend category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Your Current Watchlist 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 census. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.