Amana Developing World Fund Price on November 5, 2024
| AMIDX Fund | USD 13.77 0.09 0.66% |
Below is the normalized historical share price chart for Amana Developing World extending back to September 25, 2013. 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 Amana Developing stands at 13.77, as last reported on the 4th of December, with the highest price reaching 13.77 and the lowest price hitting 13.77 during the day.
If you're considering investing in Amana Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Amana Mutual Fund to be very steady. Amana Developing World secures Sharpe Ratio (or Efficiency) of 0.0021, which signifies that the fund had a 0.0021% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Amana Developing World, which you can use to evaluate the volatility of the entity. Please confirm Amana Developing's mean deviation of 0.6146, and Risk Adjusted Performance of (0.04) to double-check if the risk estimate we provide is consistent with the expected return of 0.0016%.
Amana Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Amana |
Sharpe Ratio = 0.0021
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| Negative Returns | AMIDX |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Amana Developing 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 Amana Developing by adding Amana Developing to a well-diversified portfolio.
Amana Developing Valuation on November 5, 2024
It is possible to determine the worth of Amana Developing on a given historical date. On November 5, 2024 Amana was worth 14.06 at the beginning of the trading date compared to the closed value of 14.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amana Developing mutual fund. Still, in general, we apply an absolute valuation method to find Amana Developing'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 Amana Developing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amana Developing's related companies.
| Open | High | Low | Close | Volume | |
| 13.92 | 13.92 | 13.92 | 13.92 | 1.00 | |
11/05/2024 | 14.06 | 14.06 | 14.06 | 14.06 | 1.00 |
| 14.05 | 14.05 | 14.05 | 14.05 | 1.00 |
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Amana Developing Trading Date Momentum on November 5, 2024
| On November 06 2024 Amana Developing World was traded for 14.05 at the closing time. The highest daily price throughout the period was 14.05 and the lowest price was 14.05 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.07% . The overall trading delta to current closing price is 4.13% . |
Amana Developing World Fundamentals Correlations and Trends
By evaluating Amana Developing'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 Amana Developing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amana Developing Mutual Fund history
Amana Developing 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 Amana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amana Developing World 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 Amana Developing stock prices may prove useful in developing a viable investing in Amana Developing
The fund invests at least 80 percent of total net assets in common stocks of companies with significant exposure to countries with developing economies andor markets. Investment decisions are made in accordance with Islamic principles. It diversifies its investments across the industries, companies, and countries of the developing world, and principally follows a large-cap value investment style.
Amana Developing Mutual Fund Technical Analysis
Amana Developing 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
Amana Developing Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Amana Developing World 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.
Amana Developing December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Amana Developing 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 Amana Developing shares will generate the highest return on investment. By undertsting and applying Amana Developing mutual fund market strength indicators, traders can identify Amana Developing World entry and exit signals to maximize returns
Amana Developing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amana Developing's price direction in advance. Along with the technical and fundamental analysis of Amana Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amana 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 | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.11) |
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Other Information on Investing in Amana Mutual Fund
Amana Developing financial ratios help investors to determine whether Amana 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 Amana with respect to the benefits of owning Amana Developing security.
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