Aam Select Income Fund Price on November 12, 2024
| CPUIX Fund | USD 9.25 0.03 0.33% |
Below is the normalized historical share price chart for Aam Select Income extending back to April 19, 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 Aam Select stands at 9.25, as last reported on the 29th of November, with the highest price reaching 9.25 and the lowest price hitting 9.25 during the day.
If you're considering investing in Aam Mutual Fund, it is important to understand the factors that can impact its price. Aam Select Income secures Sharpe Ratio (or Efficiency) of -0.0377, which signifies that the fund had a -0.0377% return per unit of risk over the last 3 months. Aam Select Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aam Select's Mean Deviation of 0.2374, standard deviation of 0.3025, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Aam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Aam |
Sharpe Ratio = -0.0377
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CPUIX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aam Select 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 Aam Select by adding Aam Select to a well-diversified portfolio.
Aam Select Valuation on November 12, 2024
It is possible to determine the worth of Aam Select on a given historical date. On November 12, 2024 Aam was worth 9.2 at the beginning of the trading date compared to the closed value of 9.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aam Select mutual fund. Still, in general, we apply an absolute valuation method to find Aam Select'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 Aam Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aam Select's related companies.
| Open | High | Low | Close | Volume | |
| 9.26 | 9.26 | 9.26 | 9.26 | 1.00 | |
11/12/2024 | 9.20 | 9.20 | 9.20 | 9.20 | 1.00 |
| 9.19 | 9.19 | 9.19 | 9.19 | 1.00 |
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Aam Select Trading Date Momentum on November 12, 2024
| On November 13 2024 Aam Select Income was traded for 9.19 at the closing time. The highest daily price throughout the period was 9.19 and the lowest price was 9.19 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.43% . |
Aam Select Income Fundamentals Correlations and Trends
By evaluating Aam Select'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 Aam Select's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aam Select Mutual Fund history
Aam Select 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 Aam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aam Select Income 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 Aam Select stock prices may prove useful in developing a viable investing in Aam Select
The fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in bonds such as U.S. corporate debt obligations non-U.S. corporate and sovereign debt obligations residential and commercial mortgage-backed securities asset-backed securities U.S. government securities and convertible bonds. It may invest up to 25 percent of its total assets in lower rated fixed-income securities or, if unrated, determined to be of comparable credit quality by the funds advisor or sub-advisor.
Aam Select Mutual Fund Technical Analysis
Aam Select 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
Aam Select Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Aam Select Income 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.
Aam Select November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Aam Select 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 Aam Select shares will generate the highest return on investment. By undertsting and applying Aam Select mutual fund market strength indicators, traders can identify Aam Select Income entry and exit signals to maximize returns
Aam Select Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aam Select's price direction in advance. Along with the technical and fundamental analysis of Aam Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aam 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 | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.5746 |
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Other Information on Investing in Aam Mutual Fund
Aam Select financial ratios help investors to determine whether Aam 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 Aam with respect to the benefits of owning Aam Select security.
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