Equity Income Fund Price on December 1, 2024
| AEIYX Fund | USD 9.41 0.05 0.53% |
Below is the normalized historical share price chart for Equity Income Fund extending back to April 10, 2017. 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 Equity Income stands at 9.41, as last reported on the 11th of December 2024, with the highest price reaching 9.41 and the lowest price hitting 9.41 during the day.
If you're considering investing in Equity Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Equity Mutual Fund to be very steady. Equity Income secures Sharpe Ratio (or Efficiency) of 0.051, which denotes the fund had a 0.051% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Equity Income Fund, which you can use to evaluate the volatility of the entity. Please confirm Equity Income's Downside Deviation of 0.446, mean deviation of 0.3524, and Coefficient Of Variation of 2373.01 to check if the risk estimate we provide is consistent with the expected return of 0.023%.
Equity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Equity |
Sharpe Ratio = 0.051
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Equity Income is performing at about 4% 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 Equity Income by adding it to a well-diversified portfolio.
Equity Income Valuation on December 1, 2024
It is possible to determine the worth of Equity Income on a given historical date. On December 1, 2024 Equity was worth 9.72 at the beginning of the trading date compared to the closed value of 9.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equity Income mutual fund. Still, in general, we apply an absolute valuation method to find Equity Income'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 Equity Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equity Income's related companies.
| Open | High | Low | Close | Volume | |
| 9.70 | 9.70 | 9.70 | 9.70 | 1.00 | |
11/29/2024 | 9.72 | 9.72 | 9.72 | 9.72 | 1.00 |
| 9.69 | 9.69 | 9.69 | 9.69 | 1.00 |
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Equity Income Trading Date Momentum on December 1, 2024
| On December 02 2024 Equity Income Fund was traded for 9.69 at the closing time. The highest daily price throughout the period was 9.69 and the lowest price was 9.69 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.31% . The overall trading delta to current closing price is 2.37% . |
Equity Income Fundamentals Correlations and Trends
By evaluating Equity Income'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 Equity Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equity Income Mutual Fund history
Equity Income 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 Equity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equity Income 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 Equity Income stock prices may prove useful in developing a viable investing in Equity Income
The portfolio managers look for equity securities of companies with a favorable income-paying history that have prospects for income payments to continue or increase. The portfolio managers also look for equity securities of companies that they believe are undervalued and have the potential for an increase in price. The fund may invest a portion of its assets in foreign securities when these securities meet the portfolio managers standards of selection.
Equity Income Mutual Fund Technical Analysis
Equity Income 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
Equity Income Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Equity Income 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.
Equity Income December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Equity Income 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 Equity Income shares will generate the highest return on investment. By undertsting and applying Equity Income mutual fund market strength indicators, traders can identify Equity Income Fund entry and exit signals to maximize returns
Equity Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equity Income's price direction in advance. Along with the technical and fundamental analysis of Equity Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equity 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 | 0.0242 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.0181 |
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| Volume Indicators |
Other Information on Investing in Equity Mutual Fund
Equity Income financial ratios help investors to determine whether Equity 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 Equity with respect to the benefits of owning Equity Income security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |