Adirondack Small Cap Fund Price on August 15, 2023
| ADKSX Fund | USD 32.23 0.04 0.12% |
If you're considering investing in Adirondack Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Adirondack Small stands at 32.23, as last reported on the 7th of February, with the highest price reaching 32.23 and the lowest price hitting 32.23 during the day. At this stage we consider Adirondack Mutual Fund to be very steady. Adirondack Small Cap secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Adirondack Small Cap, which you can use to evaluate the volatility of the entity. Please confirm Adirondack Small's Mean Deviation of 0.7551, risk adjusted performance of 0.0067, and Downside Deviation of 1.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.0061%.
Adirondack Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Adirondack |
Sharpe Ratio = 0.0064
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| Negative Returns | ADKSX |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Adirondack Small is not performing at its full potential. However, 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 Adirondack Small by adding Adirondack Small to a well-diversified portfolio.
Adirondack Small Valuation on August 15, 2023
It is possible to determine the worth of Adirondack Small on a given historical date. On August 15, 2023 Adirondack was worth 24.45 at the beginning of the trading date compared to the closed value of 24.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adirondack Small mutual fund. Still, in general, we apply an absolute valuation method to find Adirondack Small'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 Adirondack Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adirondack Small's related companies.
| Open | High | Low | Close | Volume | |
| 24.68 | 24.68 | 24.68 | 24.68 | 1.00 | |
08/15/2023 | 24.45 | 24.45 | 24.45 | 24.45 | 1.00 |
| 24.26 | 24.26 | 24.26 | 24.26 | 1.00 |
| Backtest Adirondack Small | | | Adirondack Small History | | | Adirondack Small Valuation | Previous | Next |
Adirondack Small Trading Date Momentum on August 15, 2023
| On August 16 2023 Adirondack Small Cap was traded for 24.26 at the closing time. The highest daily price throughout the period was 24.26 and the lowest price was 24.26 . There was no trading activity during the period 1.0. Lack of trading volume on 08/16/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.78% . The overall trading delta to current closing price is 0.94% . |
Adirondack Small Cap Fundamentals Correlations and Trends
By evaluating Adirondack Small'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 Adirondack Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adirondack financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adirondack Small Mutual Fund history
Adirondack Small 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 Adirondack is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adirondack Small Cap 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 Adirondack Small stock prices may prove useful in developing a viable investing in Adirondack Small
The fund seeks to achieve its objective by investing in a diversified portfolio of undervalued common stocks of small capitalization companies as determined by the funds investment advisor. Adirondack Small is traded on NASDAQ Exchange in the United States.
Adirondack Small Mutual Fund Technical Analysis
Adirondack Small 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
Adirondack Small Period Price Range
Low | February 7, 2025
| High |
0.00 | 0.00 |
Adirondack Small Cap 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.
Adirondack Small February 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Adirondack Small 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 Adirondack Small shares will generate the highest return on investment. By undertsting and applying Adirondack Small mutual fund market strength indicators, traders can identify Adirondack Small Cap entry and exit signals to maximize returns
Adirondack Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adirondack Small's price direction in advance. Along with the technical and fundamental analysis of Adirondack Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adirondack 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 | 0.0067 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.01) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Adirondack Mutual Fund
Adirondack Small financial ratios help investors to determine whether Adirondack 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 Adirondack with respect to the benefits of owning Adirondack Small security.
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