Equity Growth Fund Price on July 26, 2024
| AMEIX Fund | USD 34.00 0.40 1.19% |
Below is the normalized historical share price chart for Equity Growth Fund extending back to February 26, 1998. 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 Growth stands at 34.00, as last reported on the 21st of December, with the highest price reaching 34.00 and the lowest price hitting 34.00 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 Growth secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Equity Growth Fund, which you can use to evaluate the volatility of the entity. Please confirm Equity Growth's Coefficient Of Variation of 1015.48, downside deviation of 0.8852, and Mean Deviation of 0.5456 to check if the risk estimate we provide is consistent with the expected return of 0.0807%.
Equity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Equity |
Sharpe Ratio = 0.104
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| Cash | AMEIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Equity Growth is performing at about 8% 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 Growth by adding it to a well-diversified portfolio.
Equity Growth Valuation on July 26, 2024
It is possible to determine the worth of Equity Growth on a given historical date. On July 26, 2024 Equity was worth 30.88 at the beginning of the trading date compared to the closed value of 30.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equity Growth mutual fund. Still, in general, we apply an absolute valuation method to find Equity Growth'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 Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equity Growth's related companies.
| Open | High | Low | Close | Volume | |
| 30.54 | 30.54 | 30.54 | 30.54 | 1.00 | |
07/26/2024 | 30.88 | 30.88 | 30.88 | 30.88 | 1.00 |
| 30.89 | 30.89 | 30.89 | 30.89 | 1.00 |
| Backtest Equity Growth | | | Equity Growth History | | | Equity Growth Valuation | Previous | Next |
Equity Growth Trading Date Momentum on July 26, 2024
| On July 29 2024 Equity Growth Fund was traded for 30.89 at the closing time. The highest daily price throughout the period was 30.89 and the lowest price was 30.89 . There was no trading activity during the period 1.0. Lack of trading volume on 07/29/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.03% . The overall trading delta to current closing price is 5.60% . |
Equity Growth Fundamentals Correlations and Trends
By evaluating Equity Growth'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 Growth'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 Growth Mutual Fund history
Equity Growth 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 Growth 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 Growth stock prices may prove useful in developing a viable investing in Equity Growth
The fund invests at least 80 percent of its net assets in equity securities. In selecting stocks for the fund, the portfolio managers use quantitative and qualitative management techniques in a multi-step process. First, the managers rank stocks, primarily large capitalization, publicly traded U.S. companies from most attractive to least attractive based on an objective set of measures. The portfolio managers then review the output of the quantitative model and also consider other factors to build a portfolio that they believe will provide a balance between risk and return.
Equity Growth Mutual Fund Technical Analysis
Equity Growth 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 Growth Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Equity Growth 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 Growth December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Equity Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying Equity Growth mutual fund market strength indicators, traders can identify Equity Growth Fund entry and exit signals to maximize returns
Equity Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equity Growth'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 | 0.0777 | |||
| Jensen Alpha | 0.0478 | |||
| Total Risk Alpha | 0.044 | |||
| Sortino Ratio | 0.0489 | |||
| Treynor Ratio | 0.0822 |
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| Volume Indicators |
Other Information on Investing in Equity Mutual Fund
Equity Growth 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 Growth security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |