Ares Dynamic Credit Fund Price on February 15, 2023
| ARDC Fund | USD 15.34 0.07 0.46% |
Below is the normalized historical share price chart for Ares Dynamic Credit extending back to November 28, 2012. 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 Ares Dynamic stands at 15.34, as last reported on the 29th of November, with the highest price reaching 15.35 and the lowest price hitting 15.16 during the day.
If you're considering investing in Ares Fund, it is important to understand the factors that can impact its price. At this point, Ares Dynamic is very steady. Ares Dynamic Credit secures Sharpe Ratio (or Efficiency) of 0.0592, which signifies that the fund had a 0.0592% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Ares Dynamic Credit, which you can use to evaluate the volatility of the entity. Please confirm Ares Dynamic's mean deviation of 0.4017, and Risk Adjusted Performance of 0.0789 to double-check if the risk estimate we provide is consistent with the expected return of 0.0306%.
Ares Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ares |
Sharpe Ratio = 0.0592
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| Negative Returns | ARDC |
Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Ares Dynamic is performing at about 4% 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 Ares Dynamic by adding it to a well-diversified portfolio.
Ares Dynamic Valuation on February 15, 2023
It is possible to determine the worth of Ares Dynamic on a given historical date. On February 15, 2023 Ares was worth 10.56 at the beginning of the trading date compared to the closed value of 10.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ares Dynamic fund. Still, in general, we apply an absolute valuation method to find Ares Dynamic'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 Ares Dynamic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ares Dynamic's related companies.
| Open | High | Low | Close | Volume | |
| 10.50 | 10.56 | 10.47 | 10.56 | 76,413 | |
02/15/2023 | 10.56 | 10.62 | 10.54 | 10.58 | 48,302 |
| 10.47 | 10.52 | 10.42 | 10.47 | 83,953 |
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Ares Dynamic Trading Date Momentum on February 15, 2023
| On February 16 2023 Ares Dynamic Credit was traded for 10.47 at the closing time. The top price for the day was 10.52 and the lowest listed price was 10.42 . The trading volume for the day was 84 K. The trading history from February 16, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.04% . The overall trading delta against the current closing price is 0.66% . |
Ares Dynamic Credit Fundamentals Correlations and Trends
By evaluating Ares Dynamic'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 Ares Dynamic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ares Dynamic Fund history
Ares Dynamic 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 Ares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ares Dynamic Credit 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 Ares Dynamic stock prices may prove useful in developing a viable investing in Ares Dynamic
Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It primarily invests in the U.S. securities and companies. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, equity securities of CLOs and debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States..
Ares Dynamic Fund Technical Analysis
Ares Dynamic technical 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
Ares Dynamic Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Ares Dynamic Credit cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Ares Dynamic November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Ares Dynamic fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ares Dynamic shares will generate the highest return on investment. By undertsting and applying Ares Dynamic fund market strength indicators, traders can identify Ares Dynamic Credit entry and exit signals to maximize returns
Ares Dynamic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ares Dynamic's price direction in advance. Along with the technical and fundamental analysis of Ares Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ares 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 | 0.0789 | |||
| Jensen Alpha | 0.0385 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.5954 |
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| Volume Indicators |
Other Information on Investing in Ares Fund
Ares Dynamic financial ratios help investors to determine whether Ares 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 Ares with respect to the benefits of owning Ares Dynamic security.
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