Bright Rock Quality Fund Price on September 23, 2024
| BQLCX Fund | USD 24.90 0.06 0.24% |
Below is the normalized historical share price chart for Bright Rock Quality extending back to May 26, 2010. 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 Bright Rock stands at 24.90, as last reported on the 30th of November, with the highest price reaching 24.90 and the lowest price hitting 24.90 during the day.
If you're considering investing in Bright Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Bright Mutual Fund to be very steady. Bright Rock Quality secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bright Rock Quality, which you can use to evaluate the volatility of the entity. Please confirm Bright Rock's Downside Deviation of 0.6172, risk adjusted performance of 0.0838, and Mean Deviation of 0.4464 to double-check if the risk estimate we provide is consistent with the expected return of 0.0754%.
Bright Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Bright |
Sharpe Ratio = 0.1294
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| Cash | BQLCX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Bright Rock is performing at about 10% 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 Bright Rock by adding it to a well-diversified portfolio.
Bright Rock Valuation on September 23, 2024
It is possible to determine the worth of Bright Rock on a given historical date. On September 23, 2024 Bright was worth 24.07 at the beginning of the trading date compared to the closed value of 24.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bright Rock mutual fund. Still, in general, we apply an absolute valuation method to find Bright Rock'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 Bright Rock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bright Rock's related companies.
| Open | High | Low | Close | Volume | |
| 24.04 | 24.04 | 24.04 | 24.04 | 1.00 | |
09/23/2024 | 24.07 | 24.07 | 24.07 | 24.07 | 1.00 |
| 24.03 | 24.03 | 24.03 | 24.03 | 1.00 |
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Bright Rock Trading Date Momentum on September 23, 2024
| On September 24 2024 Bright Rock Quality was traded for 24.03 at the closing time. The highest daily price throughout the period was 24.03 and the lowest price was 24.03 . There was no trading activity during the period 1.0. Lack of trading volume on 09/24/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.17% . The overall trading delta to current closing price is 0.50% . |
Bright Rock Quality Fundamentals Correlations and Trends
By evaluating Bright Rock'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 Bright Rock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bright financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bright Rock Mutual Fund history
Bright Rock 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 Bright is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bright Rock Quality 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 Bright Rock stock prices may prove useful in developing a viable investing in Bright Rock
The fund invests at least 80 percent of its net assets in equity securities of companies with large-sized market capitalizations. The adviser defines large-cap companies as those companies with market capitalizations within the range of companies in the Russell 1000 Index at the time of investment. The fund may invest up to 25 percent of its net assets in securities of foreign large-cap companies that are traded in the U.S., including companies located in emerging markets, as well as American Depositary Receipts.
Bright Rock Mutual Fund Technical Analysis
Bright Rock 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
Bright Rock Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Bright Rock Quality 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.
Bright Rock November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Bright Rock 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 Bright Rock shares will generate the highest return on investment. By undertsting and applying Bright Rock mutual fund market strength indicators, traders can identify Bright Rock Quality entry and exit signals to maximize returns
Bright Rock Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bright Rock's price direction in advance. Along with the technical and fundamental analysis of Bright Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bright 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 | 0.0838 | |||
| Jensen Alpha | 0.0594 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (7.58) |
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Other Information on Investing in Bright Mutual Fund
Bright Rock financial ratios help investors to determine whether Bright 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 Bright with respect to the benefits of owning Bright Rock security.
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