Ab Discovery Value Fund Price on October 31, 2024
| ABSZX Fund | USD 25.09 0.05 0.20% |
Below is the normalized historical share price chart for Ab Discovery Value extending back to October 16, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ab Discovery stands at 25.09, as last reported on the 28th of November, with the highest price reaching 25.09 and the lowest price hitting 25.09 during the day.
If you're considering investing in ABSZX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider ABSZX Mutual Fund to be very steady. Ab Discovery Value retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the fund had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Ab Discovery, which you can use to evaluate the volatility of the entity. Please confirm Ab Discovery's Market Risk Adjusted Performance of 0.1001, standard deviation of 1.13, and Coefficient Of Variation of 892.09 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
ABSZX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
ABSZX |
Sharpe Ratio = 0.1107
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| Cash | ABSZX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ab Discovery is performing at about 8% 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 Ab Discovery by adding it to a well-diversified portfolio.
Ab Discovery Valuation on October 31, 2024
It is possible to determine the worth of Ab Discovery on a given historical date. On October 31, 2024 ABSZX was worth 22.95 at the beginning of the trading date compared to the closed value of 22.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Discovery mutual fund. Still, in general, we apply an absolute valuation method to find Ab Discovery'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 Ab Discovery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Discovery's related companies.
| Open | High | Low | Close | Volume | |
| 23.46 | 23.46 | 23.46 | 23.46 | 1.00 | |
10/31/2024 | 22.95 | 22.95 | 22.95 | 22.95 | 1.00 |
| 23.02 | 23.02 | 23.02 | 23.02 | 1.00 |
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Ab Discovery Trading Date Momentum on October 31, 2024
| On November 01 2024 Ab Discovery Value was traded for 23.02 at the closing time. The highest daily price throughout the period was 23.02 and the lowest price was 23.02 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.31% . The overall trading delta to current closing price is 7.63% . |
Ab Discovery Value Fundamentals Correlations and Trends
By evaluating Ab Discovery's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ab Discovery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABSZX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ab Discovery Mutual Fund history
Ab Discovery investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ABSZX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Discovery Value will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ab Discovery stock prices may prove useful in developing a viable investing in Ab Discovery
The fund invests primarily in a diversified portfolio of equity securities of small- to mid-capitalization U.S. companies. Under normal circumstances, it invests at least 80 percent of its net assets in securities of small- to mid-capitalization companies. For purposes of this policy, small- to mid-capitalization companies are those that, at the time of investment, fall within the capitalization range between the smallest company in the Russell 2500 Value Index and the greater of 5 billion or the market capitalization of the largest company in the Russell 2500 Value Index.
Ab Discovery Mutual Fund Technical Analysis
Ab Discovery 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.
Price Boundaries
Ab Discovery Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Ab Discovery Value cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
Ab Discovery November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ab Discovery mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ab Discovery shares will generate the highest return on investment. By undertsting and applying Ab Discovery mutual fund market strength indicators, traders can identify Ab Discovery Value entry and exit signals to maximize returns
Ab Discovery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ab Discovery's price direction in advance. Along with the technical and fundamental analysis of ABSZX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABSZX 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 | 0.0889 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0901 |
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Other Information on Investing in ABSZX Mutual Fund
Ab Discovery financial ratios help investors to determine whether ABSZX 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 ABSZX with respect to the benefits of owning Ab Discovery security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |