The Arbitrage Fund Price on November 1, 2024
| ARBNX Fund | USD 13.60 0.01 0.07% |
Below is the normalized historical share price chart for The Arbitrage Fund extending back to October 29, 2003. 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 The Arbitrage stands at 13.60, as last reported on the 30th of November, with the highest price reaching 13.60 and the lowest price hitting 13.60 during the day.
If you're considering investing in The Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider The Mutual Fund to be very steady. The Arbitrage owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0766, which indicates the fund had a 0.0766% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Arbitrage Fund, which you can use to evaluate the volatility of the fund. Please validate The Arbitrage's Semi Deviation of 0.1794, risk adjusted performance of 0.015, and Coefficient Of Variation of 1899.79 to confirm if the risk estimate we provide is consistent with the expected return of 0.0164%.
The Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
The |
Sharpe Ratio = 0.0766
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ARBNX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average The Arbitrage is performing at about 6% 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 The Arbitrage by adding it to a well-diversified portfolio.
The Arbitrage Valuation on November 1, 2024
It is possible to determine the worth of The Arbitrage on a given historical date. On November 1, 2024 The was worth 13.58 at the beginning of the trading date compared to the closed value of 13.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of The Arbitrage mutual fund. Still, in general, we apply an absolute valuation method to find The Arbitrage'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 The Arbitrage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against The Arbitrage's related companies.
| Open | High | Low | Close | Volume | |
| 13.57 | 13.57 | 13.57 | 13.57 | 1.00 | |
11/01/2024 | 13.58 | 13.58 | 13.58 | 13.58 | 1.00 |
| 13.56 | 13.56 | 13.56 | 13.56 | 1.00 |
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The Arbitrage Trading Date Momentum on November 1, 2024
| On November 04 2024 The Arbitrage Fund was traded for 13.56 at the closing time. The highest daily price throughout the period was 13.56 and the lowest price was 13.56 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.15% . The trading price change to current closing price is 0.07% . |
The Arbitrage Fundamentals Correlations and Trends
By evaluating The Arbitrage'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 The Arbitrage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. The financial account trend analysis is a perfect complement when working with valuation or volatility modules.About The Arbitrage Mutual Fund history
The Arbitrage 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 The is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in The Arbitrage 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 The Arbitrage stock prices may prove useful in developing a viable investing in The Arbitrage
The fund will invest at least 80 percent of its net assets in equity securities of companies that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Equity securities include common and preferred stock. Merger arbitrage is a highly specialized investment approach designed to profit from the successful completion of mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations.
The Arbitrage Mutual Fund Technical Analysis
The Arbitrage 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
The Arbitrage Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
The Arbitrage 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.
The Arbitrage November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how The Arbitrage 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 The Arbitrage shares will generate the highest return on investment. By undertsting and applying The Arbitrage mutual fund market strength indicators, traders can identify The Arbitrage Fund entry and exit signals to maximize returns
The Arbitrage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for The Arbitrage's price direction in advance. Along with the technical and fundamental analysis of The Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of The 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 | 0.015 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.49) | |||
| Treynor Ratio | 0.0096 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in The Mutual Fund
The Arbitrage financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Arbitrage security.
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