Multi Manager Directional Alternative Fund Price on September 9, 2024
| CDAZX Fund | USD 8.30 0.02 0.24% |
Below is the normalized historical share price chart for Multi Manager Directional Alternative extending back to January 04, 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 Multi-manager Directional stands at 8.30, as last reported on the 30th of November, with the highest price reaching 8.30 and the lowest price hitting 8.30 during the day.
If you're considering investing in Multi-manager Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Multi-manager Mutual Fund to be very steady. Multi-manager Directional has Sharpe Ratio of 0.25, which conveys that the entity had a 0.25% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Multi-manager Directional, which you can use to evaluate the volatility of the fund. Please verify Multi-manager Directional's Downside Deviation of 0.5508, mean deviation of 0.5161, and Risk Adjusted Performance of 0.1746 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
Multi-manager Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Multi-manager |
Sharpe Ratio = 0.2527
| Best Portfolio | Best Equity | |||
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| Small Returns | CDAZX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Multi-manager Directional is performing at about 19% 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 Multi-manager Directional by adding it to a well-diversified portfolio.
Multi-manager Directional Valuation on September 9, 2024
It is possible to determine the worth of Multi-manager Directional on a given historical date. On September 9, 2024 Multi-manager was worth 7.37 at the beginning of the trading date compared to the closed value of 7.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multi-manager Directional mutual fund. Still, in general, we apply an absolute valuation method to find Multi-manager Directional'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 Multi-manager Directional where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multi-manager Directional's related companies.
| Open | High | Low | Close | Volume | |
| 7.35 | 7.35 | 7.35 | 7.35 | 1.00 | |
09/09/2024 | 7.37 | 7.37 | 7.37 | 7.37 | 1.00 |
| 7.34 | 7.34 | 7.34 | 7.34 | 1.00 |
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Multi-manager Directional Trading Date Momentum on September 9, 2024
| On September 10 2024 Multi Manager Directional Alternative was traded for 7.34 at the closing time. The highest daily price throughout the period was 7.34 and the lowest price was 7.34 . There was no trading activity during the period 1.0. Lack of trading volume on 09/10/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.41% . The trading delta at closing time to current closing price is 2.44% . |
Multi-manager Directional Fundamentals Correlations and Trends
By evaluating Multi-manager Directional'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 Multi-manager Directional's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Multi-manager financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Multi-manager Directional Mutual Fund history
Multi-manager Directional 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 Multi-manager is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multi-manager Directional 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 Multi-manager Directional stock prices may prove useful in developing a viable investing in Multi-manager Directional
The fund pursues its investment objective by allocating the funds assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental , macroeconomic , andor quantitative methods or models, across different markets. It may invest in foreign and domestic equity securities, and debt instruments, as well as derivative instruments, and exchange-traded funds and other investment companies.
Multi-manager Directional Mutual Fund Technical Analysis
Multi-manager Directional 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
Multi-manager Directional Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Multi Manager Directional Alternative 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.
Multi-manager Directional November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Multi-manager Directional 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 Multi-manager Directional shares will generate the highest return on investment. By undertsting and applying Multi-manager Directional mutual fund market strength indicators, traders can identify Multi Manager Directional Alternative entry and exit signals to maximize returns
Multi-manager Directional Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Multi-manager Directional's price direction in advance. Along with the technical and fundamental analysis of Multi-manager Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multi-manager 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 | 0.1746 | |||
| Jensen Alpha | 0.0762 | |||
| Total Risk Alpha | 0.0342 | |||
| Sortino Ratio | 0.0447 | |||
| Treynor Ratio | 0.2554 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Multi-manager Mutual Fund
Multi-manager Directional financial ratios help investors to determine whether Multi-manager 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 Multi-manager with respect to the benefits of owning Multi-manager Directional security.
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