Americafirst Income Fund Price on June 12, 2024
| AFPAX Fund | USD 4.71 0.07 1.46% |
Below is the normalized historical share price chart for Americafirst Income Fund extending back to July 01, 2010. 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 Americafirst Income stands at 4.71, as last reported on the 28th of November, with the highest price reaching 4.71 and the lowest price hitting 4.71 during the day.
If you're considering investing in Americafirst Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Americafirst Mutual Fund to be not too volatile. Americafirst Income secures Sharpe Ratio (or Efficiency) of 0.0896, which signifies that the fund had a 0.0896% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Americafirst Income Fund, which you can use to evaluate the volatility of the entity. Please confirm Americafirst Income's risk adjusted performance of 0.088, and Mean Deviation of 0.5232 to double-check if the risk estimate we provide is consistent with the expected return of 0.0634%.
Americafirst Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Americafirst |
Sharpe Ratio = 0.0896
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Americafirst Income is performing at about 7% 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 Americafirst Income by adding it to a well-diversified portfolio.
Americafirst Income Valuation on June 12, 2024
It is possible to determine the worth of Americafirst Income on a given historical date. On June 12, 2024 Americafirst was worth 4.26 at the beginning of the trading date compared to the closed value of 4.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Americafirst Income mutual fund. Still, in general, we apply an absolute valuation method to find Americafirst 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 Americafirst Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Americafirst Income's related companies.
| Open | High | Low | Close | Volume | |
| 4.23 | 4.23 | 4.23 | 4.23 | 1.00 | |
06/12/2024 | 4.26 | 4.26 | 4.26 | 4.26 | 1.00 |
| 4.28 | 4.28 | 4.28 | 4.28 | 1.00 |
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Americafirst Income Trading Date Momentum on June 12, 2024
| On June 13 2024 Americafirst Income Fund was traded for 4.28 at the closing time. The highest daily price throughout the period was 4.28 and the lowest price was 4.28 . There was no trading activity during the period 1.0. Lack of trading volume on 06/13/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.47% . The overall trading delta to current closing price is 0.94% . |
Americafirst Income Fundamentals Correlations and Trends
By evaluating Americafirst 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 Americafirst Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Americafirst financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Americafirst Income Mutual Fund history
Americafirst 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 Americafirst is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Americafirst 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 Americafirst Income stock prices may prove useful in developing a viable investing in Americafirst Income
The fund invests in a portfolio of high income securities that may include stocks, preferred stocks, master limited partnerships, convertible preferred stock, convertible bonds, real estate investment trusts, and bonds selected by applying a rules-based model.
Americafirst Income Mutual Fund Technical Analysis
Americafirst 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
Americafirst Income Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Americafirst 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.
Americafirst Income November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Americafirst 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 Americafirst Income shares will generate the highest return on investment. By undertsting and applying Americafirst Income mutual fund market strength indicators, traders can identify Americafirst Income Fund entry and exit signals to maximize returns
Americafirst Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Americafirst Income's price direction in advance. Along with the technical and fundamental analysis of Americafirst Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Americafirst 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 | 0.088 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0882 |
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Other Information on Investing in Americafirst Mutual Fund
Americafirst Income financial ratios help investors to determine whether Americafirst 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 Americafirst with respect to the benefits of owning Americafirst Income security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |