Balter Invenomic Fund Price on October 1, 2024

BIVIX Fund  USD 17.49  0.09  0.51%   
If you're considering investing in Balter Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Balter Invenomic stands at 17.49, as last reported on the 1st of December, with the highest price reaching 17.49 and the lowest price hitting 17.49 during the day. Balter Invenomic secures Sharpe Ratio (or Efficiency) of -0.0755, which signifies that the fund had a -0.0755% return per unit of risk over the last 3 months. Balter Invenomic Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Balter Invenomic's Standard Deviation of 0.6373, mean deviation of 0.5238, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
  
Balter Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0755

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Estimated Market Risk

 0.64
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Balter Invenomic is not performing at its full potential. However, 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 Balter Invenomic by adding Balter Invenomic to a well-diversified portfolio.

Balter Invenomic Valuation on October 1, 2024

It is possible to determine the worth of Balter Invenomic on a given historical date. On October 1, 2024 Balter was worth 17.41 at the beginning of the trading date compared to the closed value of 17.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Balter Invenomic mutual fund. Still, in general, we apply an absolute valuation method to find Balter Invenomic'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 Balter Invenomic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Balter Invenomic's related companies.
 Open High Low Close Volume
  17.44    17.44    17.44    17.44    1.00  
10/01/2024
  17.41    17.41    17.41    17.41    1.00  
  17.26    17.26    17.26    17.26    1.00  
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Open Value
17.41
17.41
Closing Value
19.32
Upside

Balter Invenomic Trading Date Momentum on October 1, 2024

On October 02 2024 Balter Invenomic Fund was traded for  17.26  at the closing time. The highest daily price throughout the period was 17.26  and the lowest price was  17.26 . There was no trading activity during the period 1.0. Lack of trading volume on 10/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.86% . The overall trading delta to current closing price is 1.67% .

Balter Invenomic Fundamentals Correlations and Trends

By evaluating Balter Invenomic'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 Balter Invenomic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Balter financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Balter Invenomic Mutual Fund history

Balter Invenomic 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 Balter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Balter Invenomic 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 Balter Invenomic stock prices may prove useful in developing a viable investing in Balter Invenomic

Balter Invenomic Mutual Fund Technical Analysis

Balter Invenomic 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.
A focus of Balter Invenomic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Balter Invenomic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Balter Invenomic Period Price Range

Low
December 1, 2024
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High

 0.00 

     

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Balter Invenomic 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.

Balter Invenomic December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Balter Invenomic 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 Balter Invenomic shares will generate the highest return on investment. By undertsting and applying Balter Invenomic mutual fund market strength indicators, traders can identify Balter Invenomic Fund entry and exit signals to maximize returns

Balter Invenomic Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Balter Invenomic's price direction in advance. Along with the technical and fundamental analysis of Balter Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Balter 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.

Other Information on Investing in Balter Mutual Fund

Balter Invenomic financial ratios help investors to determine whether Balter 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 Balter with respect to the benefits of owning Balter Invenomic security.
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