City National Rochdale Fund Price on May 23, 2023
| CNRMX Fund | USD 9.46 0.01 0.11% |
Below is the normalized historical share price chart for City National Rochdale extending back to December 31, 2013. 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 City National stands at 9.46, as last reported on the 4th of December, with the highest price reaching 9.46 and the lowest price hitting 9.46 during the day.
If you're considering investing in City Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider City Mutual Fund to be very steady. City National Rochdale secures Sharpe Ratio (or Efficiency) of 0.0823, which signifies that the fund had a 0.0823% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for City National Rochdale, which you can use to evaluate the volatility of the entity. Please confirm City National's Risk Adjusted Performance of 0.0554, downside deviation of 0.4391, and Mean Deviation of 0.147 to double-check if the risk estimate we provide is consistent with the expected return of 0.0202%.
City Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
City |
Sharpe Ratio = 0.0823
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CNRMX |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average City National is performing at about 6% 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 City National by adding it to a well-diversified portfolio.
City National Valuation on May 23, 2023
It is possible to determine the worth of City National on a given historical date. On May 23, 2023 City was worth 8.45 at the beginning of the trading date compared to the closed value of 8.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of City National mutual fund. Still, in general, we apply an absolute valuation method to find City National'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 City National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against City National's related companies.
| Open | High | Low | Close | Volume | |
| 8.49 | 8.49 | 8.49 | 8.49 | 1.00 | |
05/23/2023 | 8.45 | 8.45 | 8.45 | 8.45 | 1.00 |
| 8.46 | 8.46 | 8.46 | 8.46 | 1.00 |
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City National Trading Date Momentum on May 23, 2023
| On May 24 2023 City National Rochdale was traded for 8.46 at the closing time. The highest daily price throughout the period was 8.46 and the lowest price was 8.46 . There was no trading activity during the period 1.0. Lack of trading volume on 05/24/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.12% . The overall trading delta to current closing price is 1.54% . |
City National Rochdale Fundamentals Correlations and Trends
By evaluating City National'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 City National's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. City financial account trend analysis is a perfect complement when working with valuation or volatility modules.About City National Mutual Fund history
City National 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 City is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in City National Rochdale 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 City National stock prices may prove useful in developing a viable investing in City National
Under normal market conditions, the fund invests at least 80 percent of its net assets in a diversified portfolio of tax-exempt municipal bonds. The interest on municipal bonds is excludable from gross income for federal income tax purposes, although a significant portion of such interest may be a tax preference item for purposes of the federal alternative minimum tax.
City National Mutual Fund Technical Analysis
City National 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
City National Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
City National Rochdale 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.
City National December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how City National 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 City National shares will generate the highest return on investment. By undertsting and applying City National mutual fund market strength indicators, traders can identify City National Rochdale entry and exit signals to maximize returns
City National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for City National's price direction in advance. Along with the technical and fundamental analysis of City Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of City 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 | 0.0554 | |||
| Jensen Alpha | 0.0254 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | (0.14) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in City Mutual Fund
City National financial ratios help investors to determine whether City 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 City with respect to the benefits of owning City National security.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |