Avvax Fund Price on December 12, 2024
| AVVAX Fund | 12.09 0.08 0.67% |
If you're considering investing in Avvax Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Avvax stands at 12.09, as last reported on the 12th of December 2024, with the highest price reaching 12.09 and the lowest price hitting 12.09 during the day. At this stage we consider Avvax Mutual Fund to be very steady. Avvax secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Avvax, which you can use to evaluate the volatility of the entity. Please confirm Avvax's Mean Deviation of 0.4904, risk adjusted performance of 0.1363, and Downside Deviation of 0.5304 to double-check if the risk estimate we provide is consistent with the expected return of 0.0869%.
Avvax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Avvax |
Sharpe Ratio = 0.1411
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Avvax is performing at about 11% 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 Avvax by adding it to a well-diversified portfolio.
Avvax Valuation on December 12, 2024
It is possible to determine the worth of Avvax on a given historical date. On December 12, 2024 Avvax was worth 12.09 at the beginning of the trading date compared to the closed value of 12.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avvax mutual fund. Still, in general, we apply an absolute valuation method to find Avvax'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 Avvax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avvax's related companies.
| Open | High | Low | Close | Volume | |
| 12.09 | 12.09 | 12.09 | 12.09 | 1.00 | |
12/12/2024 | 12.09 | 12.09 | 12.09 | 12.09 | 0.00 |
| Backtest Avvax | | | Avvax History | Previous |
Avvax Trading Date Momentum on December 12, 2024
| On December 12 2024 Avvax was traded for 12.09 at the closing time. The highest daily price throughout the period was 12.09 and the lowest price was 12.09 . There was no trading activity during the period 0.0. Lack of trading volume on 12/12/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
About Avvax Mutual Fund history
Avvax 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 Avvax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avvax 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 Avvax stock prices may prove useful in developing a viable investing in Avvax
Avvax Mutual Fund Technical Analysis
Avvax 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
Avvax Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Avvax 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.
Avvax December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Avvax 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 Avvax shares will generate the highest return on investment. By undertsting and applying Avvax mutual fund market strength indicators, traders can identify Avvax entry and exit signals to maximize returns
Avvax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avvax's price direction in advance. Along with the technical and fundamental analysis of Avvax Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avvax 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 | 0.1363 | |||
| Jensen Alpha | 0.0275 | |||
| Total Risk Alpha | 0.0102 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1531 |
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Other Information on Investing in Avvax Mutual Fund
Avvax financial ratios help investors to determine whether Avvax 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 Avvax with respect to the benefits of owning Avvax security.
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