Multi Manager Directional Alternative Fund Price on November 24, 2024
| CDAZX Fund | USD 8.33 0.06 0.73% |
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 stands at 8.33, as last reported on the 27th of November, with the highest price reaching 8.33 and the lowest price hitting 8.33 during the day.
If you're considering investing in Multi Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Multi Mutual Fund to be very steady. Multi Manager Direct has Sharpe Ratio of 0.24, which conveys that the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Multi Manager, which you can use to evaluate the volatility of the fund. Please verify Multi Manager's Mean Deviation of 0.5144, downside deviation of 0.5406, and Risk Adjusted Performance of 0.1837 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
Multi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Multi |
Sharpe Ratio = 0.24
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Multi Manager is performing at about 18% 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 by adding it to a well-diversified portfolio.
Multi Manager Valuation on November 24, 2024
It is possible to determine the worth of Multi Manager on a given historical date. On November 24, 2024 Multi was worth 8.32 at the beginning of the trading date compared to the closed value of 8.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multi Manager mutual fund. Still, in general, we apply an absolute valuation method to find Multi Manager'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multi Manager's related companies.
| Open | High | Low | Close | Volume | |
| 8.34 | 8.34 | 8.34 | 8.34 | 1.00 | |
11/22/2024 | 8.32 | 8.32 | 8.32 | 8.32 | 1.00 |
| 8.27 | 8.27 | 8.27 | 8.27 | 1.00 |
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Multi Manager Trading Date Momentum on November 24, 2024
| On November 25 2024 Multi Manager Directional Alternative was traded for 8.27 at the closing time. The highest daily price throughout the period was 8.27 and the lowest price was 8.27 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.60% . The trading delta at closing time to current closing price is 0.12% . |
Multi Manager Direct Fundamentals Correlations and Trends
By evaluating Multi Manager'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's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Multi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Multi Manager Mutual Fund history
Multi Manager 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 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multi Manager Direct 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 stock prices may prove useful in developing a viable investing in Multi Manager
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 Mutual Fund Technical Analysis
Multi Manager 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 Period Price Range
Low | November 27, 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 November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Multi Manager 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 shares will generate the highest return on investment. By undertsting and applying Multi Manager mutual fund market strength indicators, traders can identify Multi Manager Directional Alternative entry and exit signals to maximize returns
Multi Manager Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Multi Manager's price direction in advance. Along with the technical and fundamental analysis of Multi Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multi 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 | 0.1837 | |||
| Jensen Alpha | 0.0885 | |||
| Total Risk Alpha | 0.049 | |||
| Sortino Ratio | 0.0727 | |||
| Treynor Ratio | 0.27 |
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| Volume Indicators |
Other Information on Investing in Multi Mutual Fund
Multi Manager financial ratios help investors to determine whether Multi 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 with respect to the benefits of owning Multi Manager security.
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