Amana Growth Fund Price on September 19, 2024
| AMIGX Fund | USD 86.47 0.98 1.15% |
Below is the normalized historical share price chart for Amana Growth Fund 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 Growth stands at 86.47, as last reported on the 4th of December, with the highest price reaching 86.47 and the lowest price hitting 86.47 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 Growth secures Sharpe Ratio (or Efficiency) of 0.0911, which signifies that the fund had a 0.0911% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amana Growth Fund, which you can use to evaluate the volatility of the entity. Please confirm Amana Growth's mean deviation of 0.6772, and Risk Adjusted Performance of 0.0185 to double-check if the risk estimate we provide is consistent with the expected return of 0.0769%.
Amana Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Amana |
Sharpe Ratio = 0.0911
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 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 Amana Growth 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 Amana Growth by adding it to a well-diversified portfolio.
Amana Growth Valuation on September 19, 2024
It is possible to determine the worth of Amana Growth on a given historical date. On September 19, 2024 Amana was worth 84.8 at the beginning of the trading date compared to the closed value of 84.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amana Growth mutual fund. Still, in general, we apply an absolute valuation method to find Amana 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 Amana Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amana Growth's related companies.
| Open | High | Low | Close | Volume | |
| 82.91 | 82.91 | 82.91 | 82.91 | 1.00 | |
09/19/2024 | 84.80 | 84.80 | 84.80 | 84.80 | 1.00 |
| 84.28 | 84.28 | 84.28 | 84.28 | 1.00 |
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Amana Growth Trading Date Momentum on September 19, 2024
| On September 20 2024 Amana Growth Fund was traded for 84.28 at the closing time. The highest daily price throughout the period was 84.28 and the lowest price was 84.28 . There was no trading activity during the period 1.0. Lack of trading volume on 09/20/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 0.02% . |
Amana Growth Fundamentals Correlations and Trends
By evaluating Amana 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 Amana Growth'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 Growth Mutual Fund history
Amana 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 Amana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amana 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 Amana Growth stock prices may prove useful in developing a viable investing in Amana Growth
The fund normally invests at least 80 percent of total net assets in common stocks. It invests only in common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. The fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style.
Amana Growth Mutual Fund Technical Analysis
Amana 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
Amana Growth Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Amana 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.
Amana Growth December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Amana 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 Amana Growth shares will generate the highest return on investment. By undertsting and applying Amana Growth mutual fund market strength indicators, traders can identify Amana Growth Fund entry and exit signals to maximize returns
Amana Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amana Growth'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 | 0.0185 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0131 |
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Other Information on Investing in Amana Mutual Fund
Amana Growth 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 Growth security.
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