Balter Invenomic Fund Price on February 24, 2023
| BIVRX Fund | USD 17.16 0.25 1.48% |
Below is the normalized historical share price chart for Balter Invenomic Fund extending back to June 19, 2017. 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 Balter Invenomic stands at 17.16, as last reported on the 28th of November, with the highest price reaching 17.16 and the lowest price hitting 17.16 during the day.
If you're considering investing in Balter Mutual Fund, it is important to understand the factors that can impact its price. Balter Invenomic secures Sharpe Ratio (or Efficiency) of -0.0314, which signifies that the fund had a -0.0314% return per unit of risk over the last 3 months. Balter Invenomic Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Balter Invenomic's Standard Deviation of 0.6301, mean deviation of 0.52, and Risk Adjusted Performance of (0.05) 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.
Balter |
Sharpe Ratio = -0.0314
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| Negative Returns | BIVRX |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 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 February 24, 2023
It is possible to determine the worth of Balter Invenomic on a given historical date. On February 24, 2023 Balter was worth 21.2 at the beginning of the trading date compared to the closed value of 21.2. 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 | |
| 21.20 | 21.20 | 21.20 | 21.20 | 1.00 | |
02/24/2023 | 21.20 | 21.20 | 21.20 | 21.20 | 1.00 |
| 21.09 | 21.09 | 21.09 | 21.09 | 1.00 |
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Balter Invenomic Trading Date Momentum on February 24, 2023
| On February 27 2023 Balter Invenomic Fund was traded for 21.09 at the closing time. The highest daily price throughout the period was 21.09 and the lowest price was 21.09 . There was no trading activity during the period 1.0. Lack of trading volume on 02/27/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.52% . The overall trading delta to current closing price is 0.19% . |
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
The fund invests primarily in both long and short positions in equity securities principally traded in United States markets. Under normal market conditions, the Sub-Adviser seeks to be fully invested in the long portfolio , while allowing the size of the short portfolio to fluctuate based on the market opportunity. The fund may invest in equity securities of any type and across all market capitalizations. It may invest in securities of companies operating less than three years and in initial public offerings of securities .
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.
Price Boundaries
Balter Invenomic Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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 November 28, 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.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.3254 |
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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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