Tangerine Equity Growth Fund Price on October 29, 2024
| 0P0001KUBJ | 14.50 0.02 0.14% |
If you're considering investing in Tangerine Fund, it is important to understand the factors that can impact its price. As of today, the current price of Tangerine Equity stands at 14.50, as last reported on the 30th of November, with the highest price reaching 14.50 and the lowest price hitting 14.50 during the day. As of now, Tangerine Fund is very steady. Tangerine Equity Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tangerine Equity Growth, which you can use to evaluate the volatility of the fund. Please validate Tangerine Equity's Semi Deviation of 0.3106, risk adjusted performance of 0.1494, and Coefficient Of Variation of 501.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Tangerine Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tangerine |
Sharpe Ratio = 0.2315
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| Cash | 0P0001KUBJ | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Tangerine Equity is performing at about 18% 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 Tangerine Equity by adding it to a well-diversified portfolio.
Tangerine Equity Valuation on October 29, 2024
It is possible to determine the worth of Tangerine Equity on a given historical date. On October 29, 2024 Tangerine was worth 14.21 at the beginning of the trading date compared to the closed value of 14.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tangerine Equity fund. Still, in general, we apply an absolute valuation method to find Tangerine Equity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tangerine Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tangerine Equity's related companies.
| Open | High | Low | Close | Volume | |
| 14.20 | 14.20 | 14.20 | 14.20 | 1.00 | |
10/29/2024 | 14.21 | 14.21 | 14.21 | 14.21 | 1.00 |
| 14.16 | 14.16 | 14.16 | 14.16 | 1.00 |
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Tangerine Equity Trading Date Momentum on October 29, 2024
| On October 30 2024 Tangerine Equity Growth was traded for 14.16 at the closing time. The highest price during the trading period was 14.16 and the lowest recorded bid was listed for 14.16 . There was no trading activity during the period 1.0. Lack of trading volume on October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.35% . The trading price change to the current price is 1.69% . |
Price Boundaries
Tangerine Equity Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Tangerine Equity Growth cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Tangerine Equity November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tangerine Equity fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tangerine Equity shares will generate the highest return on investment. By undertsting and applying Tangerine Equity fund market strength indicators, traders can identify Tangerine Equity Growth entry and exit signals to maximize returns
Tangerine Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tangerine Equity's price direction in advance. Along with the technical and fundamental analysis of Tangerine Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tangerine to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1494 | |||
| Jensen Alpha | 0.0686 | |||
| Total Risk Alpha | 0.0089 | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3639 |
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| Volatility Indicators | ||
| Volume Indicators |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |