Ab Value Fund Price on February 2, 2023
| ABVAX Fund | USD 20.51 0.20 0.98% |
Below is the normalized historical share price chart for Ab Value Fund extending back to May 01, 2001. 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 Value stands at 20.51, as last reported on the 25th of November, with the highest price reaching 20.51 and the lowest price hitting 20.51 during the day.
If you're considering investing in ABVAX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider ABVAX Mutual Fund to be very steady. Ab Value Fund retains Efficiency (Sharpe Ratio) of 0.22, which signifies that the fund had a 0.22% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Ab Value, which you can use to evaluate the volatility of the entity. Please confirm Ab Value's Coefficient Of Variation of 464.15, standard deviation of 0.7183, and Market Risk Adjusted Performance of 0.1786 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
ABVAX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
ABVAX |
Sharpe Ratio = 0.2159
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Ab Value is performing at about 17% 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 Value by adding it to a well-diversified portfolio.
Ab Value Valuation on February 2, 2023
It is possible to determine the worth of Ab Value on a given historical date. On February 2, 2023 ABVAX was worth 15.33 at the beginning of the trading date compared to the closed value of 15.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Value mutual fund. Still, in general, we apply an absolute valuation method to find Ab Value'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 Value where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Value's related companies.
| Open | High | Low | Close | Volume | |
| 15.24 | 15.24 | 15.24 | 15.24 | 1.00 | |
02/02/2023 | 15.33 | 15.33 | 15.33 | 15.33 | 1.00 |
| 15.18 | 15.18 | 15.18 | 15.18 | 1.00 |
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Ab Value Trading Date Momentum on February 2, 2023
| On February 03 2023 Ab Value Fund was traded for 15.18 at the closing time. The highest daily price throughout the period was 15.18 and the lowest price was 15.18 . There was no trading activity during the period 1.0. Lack of trading volume on 02/03/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.98% . The overall trading delta to current closing price is 0.78% . |
Ab Value Fund Fundamentals Correlations and Trends
By evaluating Ab Value'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 Value's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ABVAX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ab Value Mutual Fund history
Ab Value 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 ABVAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Value Fund 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 Value stock prices may prove useful in developing a viable investing in Ab Value
The fund invests in a diversified portfolio of equity securities of large capitalization companies that the Adviser believes are undervalued. The fund invests in companies that are determined by the Adviser to be undervalued using the fundamental value approach of the Adviser. Under normal circumstances, the fund invests at least 80 percent of its net assets, including any borrowings for investment purposes, in equity securities of large capitalization companies.
Ab Value Mutual Fund Technical Analysis
Ab Value 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 Value Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Ab Value Fund 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 Value November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Ab Value 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 Value shares will generate the highest return on investment. By undertsting and applying Ab Value mutual fund market strength indicators, traders can identify Ab Value Fund entry and exit signals to maximize returns
Ab Value Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ab Value's price direction in advance. Along with the technical and fundamental analysis of ABVAX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of ABVAX 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 | 0.1646 | |||
| Jensen Alpha | 0.041 | |||
| Total Risk Alpha | 0.0316 | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | 0.1686 |
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| Volume Indicators |
Other Information on Investing in ABVAX Mutual Fund
Ab Value financial ratios help investors to determine whether ABVAX 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 ABVAX with respect to the benefits of owning Ab Value security.
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