Abrdn Short Duration Fund Price on October 17, 2024
ACHMX Fund | USD 9.27 0.01 0.11% |
If you're considering investing in Abrdn Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Abrdn Short stands at 9.27, as last reported on the 27th of November, with the highest price reaching 9.27 and the lowest price hitting 9.27 during the day. At this stage we consider Abrdn Mutual Fund to be very steady. Abrdn Short Duration secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Abrdn Short Duration, which you can use to evaluate the volatility of the entity. Please confirm Abrdn Short's Risk Adjusted Performance of 0.0508, mean deviation of 0.0933, and Downside Deviation of 0.293 to double-check if the risk estimate we provide is consistent with the expected return of 0.0208%.
Abrdn Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Abrdn |
Sharpe Ratio = 0.1326
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Estimated Market Risk
0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Abrdn Short is performing at about 10% 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 Abrdn Short by adding it to a well-diversified portfolio.
Abrdn Short Valuation on October 17, 2024
It is possible to determine the worth of Abrdn Short on a given historical date. On October 17, 2024 Abrdn was worth 9.25 at the beginning of the trading date compared to the closed value of 9.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abrdn Short mutual fund. Still, in general, we apply an absolute valuation method to find Abrdn Short'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 Abrdn Short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abrdn Short's related companies.
Open | High | Low | Close | Volume | |
9.26 | 9.26 | 9.26 | 9.26 | 1.00 | |
10/17/2024 | 9.25 | 9.25 | 9.25 | 9.25 | 1.00 |
9.25 | 9.25 | 9.25 | 9.25 | 1.00 |
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Abrdn Short Trading Date Momentum on October 17, 2024
On October 18 2024 Abrdn Short Duration was traded for 9.25 at the closing time. The highest daily price throughout the period was 9.25 and the lowest price was 9.25 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 did not affect price variability. The overall trading delta to current closing price is 0.65% . |
Abrdn Short Duration Fundamentals Correlations and Trends
By evaluating Abrdn Short'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 Abrdn Short's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Abrdn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Abrdn Short Mutual Fund history
Abrdn Short 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 Abrdn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abrdn Short Duration 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 Abrdn Short stock prices may prove useful in developing a viable investing in Abrdn Short
Under normal circumstances, the fund invests at least 80 percent of its net assets in municipal obligations that are exempt from federal income tax . It invests at least 50 percent of its assets in municipal bonds rated BBB or lower by SP Global Ratings or Baa or lower by Moodys Investors Service, Inc., at the time of investment, or the equivalent by another independent rating agency or the unrated equivalent as determined by the Adviser.
Abrdn Short Mutual Fund Technical Analysis
Abrdn Short 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
Abrdn Short Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Abrdn Short Duration 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.
Abrdn Short November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Abrdn Short 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 Abrdn Short shares will generate the highest return on investment. By undertsting and applying Abrdn Short mutual fund market strength indicators, traders can identify Abrdn Short Duration entry and exit signals to maximize returns
Abrdn Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Abrdn Short's price direction in advance. Along with the technical and fundamental analysis of Abrdn Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abrdn 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 | 0.0508 | |||
Jensen Alpha | 0.0062 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.38) | |||
Treynor Ratio | 0.4896 |
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Volume Indicators |
Other Information on Investing in Abrdn Mutual Fund
Abrdn Short financial ratios help investors to determine whether Abrdn 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 Abrdn with respect to the benefits of owning Abrdn Short security.
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