Community Reinvestment Act Fund Price on November 5, 2024
| CRANX Fund | USD 9.45 0.01 0.11% |
Below is the normalized historical share price chart for Community Reinvestment Act extending back to March 06, 2007. 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 Community Reinvestment stands at 9.45, as last reported on the 27th of November, with the highest price reaching 9.45 and the lowest price hitting 9.45 during the day.
If you're considering investing in Community Mutual Fund, it is important to understand the factors that can impact its price. Community Reinvestment secures Sharpe Ratio (or Efficiency) of -0.0519, which signifies that the fund had a -0.0519% return per unit of risk over the last 3 months. Community Reinvestment Act exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Community Reinvestment's Standard Deviation of 0.2447, risk adjusted performance of (0.06), and Mean Deviation of 0.1807 to double-check the risk estimate we provide.
Community Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Community |
Sharpe Ratio = -0.0519
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| Negative Returns | CRANX |
Estimated Market Risk
| 0.25 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
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Community Reinvestment 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 Community Reinvestment by adding Community Reinvestment to a well-diversified portfolio.
Community Reinvestment Valuation on November 5, 2024
It is possible to determine the worth of Community Reinvestment on a given historical date. On November 5, 2024 Community was worth 9.42 at the beginning of the trading date compared to the closed value of 9.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Community Reinvestment mutual fund. Still, in general, we apply an absolute valuation method to find Community Reinvestment'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 Community Reinvestment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Community Reinvestment's related companies.
| Open | High | Low | Close | Volume | |
| 9.41 | 9.41 | 9.41 | 9.41 | 1.00 | |
11/05/2024 | 9.42 | 9.42 | 9.42 | 9.42 | 1.00 |
| 9.37 | 9.37 | 9.37 | 9.37 | 1.00 |
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Community Reinvestment Trading Date Momentum on November 5, 2024
| On November 06 2024 Community Reinvestment Act was traded for 9.37 at the closing time. The highest daily price throughout the period was 9.37 and the lowest price was 9.37 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.53% . The overall trading delta to current closing price is 0.42% . |
Community Reinvestment Fundamentals Correlations and Trends
By evaluating Community Reinvestment'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 Community Reinvestment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Community financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Community Reinvestment Mutual Fund history
Community Reinvestment 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 Community is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Community Reinvestment 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 Community Reinvestment stock prices may prove useful in developing a viable investing in Community Reinvestment
The fund will invest at least 80 percent of its net assets in bonds, which include debt securities and other debt instruments, that meet the funds impact criteria. It will invest primarily in securities issued or guaranteed as to principal and interest by the U.S. government or by its agencies, instrumentalities or sponsored enterprises and a significant amount of its assets will be invested in single-family, multi-family and economic development loan-backed securities.
Community Reinvestment Mutual Fund Technical Analysis
Community Reinvestment 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
Community Reinvestment Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Community Reinvestment Act 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.
Community Reinvestment November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Community Reinvestment 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 Community Reinvestment shares will generate the highest return on investment. By undertsting and applying Community Reinvestment mutual fund market strength indicators, traders can identify Community Reinvestment Act entry and exit signals to maximize returns
Community Reinvestment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Community Reinvestment's price direction in advance. Along with the technical and fundamental analysis of Community Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Community 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 | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.5509 |
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Other Information on Investing in Community Mutual Fund
Community Reinvestment financial ratios help investors to determine whether Community 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 Community with respect to the benefits of owning Community Reinvestment security.
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