Akre Focus Fund Price on October 28, 2024
| AKRIX Fund | USD 73.35 0.51 0.70% |
Below is the normalized historical share price chart for Akre Focus Fund extending back to August 31, 2009. 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 Akre Focus stands at 73.35, as last reported on the 24th of November, with the highest price reaching 73.35 and the lowest price hitting 73.35 during the day.
If you're considering investing in Akre Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Akre Mutual Fund to be very steady. Akre Focus Fund 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 Akre Focus Fund, which you can use to evaluate the volatility of the entity. Please confirm Akre Focus' Downside Deviation of 0.7407, risk adjusted performance of 0.1188, and Mean Deviation of 0.5766 to double-check if the risk estimate we provide is consistent with the expected return of 0.0942%.
Akre Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Akre |
Sharpe Ratio = 0.1308
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| Cash | AKRIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Akre Focus 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 Akre Focus by adding it to a well-diversified portfolio.
Akre Focus Valuation on October 28, 2024
It is possible to determine the worth of Akre Focus on a given historical date. On October 28, 2024 Akre was worth 70.7 at the beginning of the trading date compared to the closed value of 70.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akre Focus mutual fund. Still, in general, we apply an absolute valuation method to find Akre Focus' 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 Akre Focus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akre Focus' related companies.
| Open | High | Low | Close | Volume | |
| 70.48 | 70.48 | 70.48 | 70.48 | 1.00 | |
10/28/2024 | 70.70 | 70.70 | 70.70 | 70.70 | 1.00 |
| 70.15 | 70.15 | 70.15 | 70.15 | 1.00 |
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Akre Focus Trading Date Momentum on October 28, 2024
| On October 29 2024 Akre Focus Fund was traded for 70.15 at the closing time. The highest daily price throughout the period was 70.15 and the lowest price was 70.15 . There was no trading activity during the period 1.0. Lack of trading volume on 10/29/2024 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 2.11% . |
Akre Focus Fund Fundamentals Correlations and Trends
By evaluating Akre Focus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Akre Focus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akre financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akre Focus Mutual Fund history
Akre Focus 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 Akre is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akre Focus 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 Akre Focus stock prices may prove useful in developing a viable investing in Akre Focus
The fund invests primarily in securities of companies listed on U.S. stock exchanges. Investments consist primarily of common stocks of companies of any size market capitalization. It may also invest in preferred stocks, warrants, options, and other equity-like instruments, such as partnership interests, limited liability company interests, business trust shares and rights, REITs, and other securities that are convertible into equity securities. The fund is non-diversified.
Akre Focus Mutual Fund Technical Analysis
Akre Focus 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
Akre Focus Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Akre Focus 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.
Akre Focus November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Akre Focus 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 Akre Focus shares will generate the highest return on investment. By undertsting and applying Akre Focus mutual fund market strength indicators, traders can identify Akre Focus Fund entry and exit signals to maximize returns
Akre Focus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akre Focus' price direction in advance. Along with the technical and fundamental analysis of Akre Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akre 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 | 0.1188 | |||
| Jensen Alpha | 0.007 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1296 |
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Other Information on Investing in Akre Mutual Fund
Akre Focus financial ratios help investors to determine whether Akre 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 Akre with respect to the benefits of owning Akre Focus security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |