Advent Claymore Convertible Fund Price on August 16, 2024
| AVK Fund | USD 12.00 0.13 1.10% |
Below is the normalized historical share price chart for Advent Claymore Convertible extending back to April 30, 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 Advent Claymore stands at 12.00, as last reported on the 25th of November, with the highest price reaching 12.00 and the lowest price hitting 11.89 during the day.
If you're considering investing in Advent Fund, it is important to understand the factors that can impact its price. As of now, Advent Fund is very steady. Advent Claymore Conv secures Sharpe Ratio (or Efficiency) of 0.035, which signifies that the fund had a 0.035% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Advent Claymore Convertible, which you can use to evaluate the volatility of the entity. Please confirm Advent Claymore's Risk Adjusted Performance of 0.0464, downside deviation of 0.8992, and Mean Deviation of 0.6371 to double-check if the risk estimate we provide is consistent with the expected return of 0.032%.
Advent Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Advent |
Sharpe Ratio = 0.035
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Advent Claymore is performing at about 2% 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 Advent Claymore by adding it to a well-diversified portfolio.
Market Capitalization 516.7 M |
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Advent Claymore Valuation on August 16, 2024
It is possible to determine the worth of Advent Claymore on a given historical date. On August 16, 2024 Advent was worth 11.56 at the beginning of the trading date compared to the closed value of 11.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advent Claymore fund. Still, in general, we apply an absolute valuation method to find Advent Claymore'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 Advent Claymore where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advent Claymore's related companies.
| Open | High | Low | Close | Volume | |
| 11.51 | 11.63 | 11.47 | 11.54 | 110,702 | |
08/16/2024 | 11.56 | 11.63 | 11.48 | 11.52 | 92,590 |
| 11.50 | 11.64 | 11.50 | 11.61 | 60,002 |
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Advent Claymore Trading Date Momentum on August 16, 2024
| On August 19 2024 Advent Claymore Convertible was traded for 11.61 at the closing time. Highest Advent Claymore's price during the trading hours was 11.64 and the lowest price during the day was 11.50 . The net volume was 60 K. The overall trading history on the 19th of August contributed to the next trading period price upswing. The overall trading delta to the next next day price was 0.78% . The overall trading delta to current price is 1.74% . |
Advent Claymore Conv Fundamentals Correlations and Trends
By evaluating Advent Claymore'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 Advent Claymore's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Advent Claymore Fund history
Advent Claymore 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 Advent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advent Claymore Conv 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 Advent Claymore stock prices may prove useful in developing a viable investing in Advent Claymore
Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60 percent of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.
Advent Claymore Fund Technical Analysis
Advent Claymore 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
Advent Claymore Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Advent Claymore Convertible 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.
Advent Claymore November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Advent Claymore fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advent Claymore shares will generate the highest return on investment. By undertsting and applying Advent Claymore fund market strength indicators, traders can identify Advent Claymore Convertible entry and exit signals to maximize returns
Advent Claymore Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Advent Claymore's price direction in advance. Along with the technical and fundamental analysis of Advent Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advent 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 | 0.0464 | |||
| Jensen Alpha | 0.0071 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1445 |
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Other Information on Investing in Advent Fund
Advent Claymore financial ratios help investors to determine whether Advent 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 Advent with respect to the benefits of owning Advent Claymore security.
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