Cornerstone Strategic Return Fund Price on November 3, 2023
CRF Fund | USD 9.16 0.01 0.11% |
Below is the normalized historical share price chart for Cornerstone Strategic Return extending back to May 15, 1986. 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 Cornerstone Strategic stands at 9.16, as last reported on the 26th of November, with the highest price reaching 9.20 and the lowest price hitting 9.14 during the day.
If you're considering investing in Cornerstone Fund, it is important to understand the factors that can impact its price. Cornerstone Strategic appears to be very steady, given 3 months investment horizon. Cornerstone Strategic secures Sharpe Ratio (or Efficiency) of 0.41, which signifies that the fund had a 0.41% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cornerstone Strategic Return, which you can use to evaluate the volatility of the entity. Please makes use of Cornerstone Strategic's Risk Adjusted Performance of 0.2954, coefficient of variation of 259.22, and Mean Deviation of 0.6425 to double-check if our risk estimates are consistent with your expectations.
Cornerstone Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Cornerstone |
Sharpe Ratio = 0.4051
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Estimated Market Risk
0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.41 actual daily | 31 69% of assets perform better |
Based on monthly moving average Cornerstone Strategic is performing at about 31% 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 Cornerstone Strategic by adding it to a well-diversified portfolio.
Market Capitalization 737.3 M |
Cornerstone Strategic Valuation on November 3, 2023
It is possible to determine the worth of Cornerstone Strategic on a given historical date. On November 3, 2023 Cornerstone was worth 5.92 at the beginning of the trading date compared to the closed value of 6.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cornerstone Strategic fund. Still, in general, we apply an absolute valuation method to find Cornerstone Strategic'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 Cornerstone Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cornerstone Strategic's related companies.
Open | High | Low | Close | Volume | |
5.92 | 6.01 | 5.86 | 5.99 | 927,544 | |
11/03/2023 | 5.92 | 6.08 | 5.89 | 6.02 | 1,060,927 |
6.02 | 6.02 | 5.87 | 5.89 | 908,524 |
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Cornerstone Strategic Trading Date Momentum on November 3, 2023
On November 06 2023 Cornerstone Strategic Return was traded for 5.89 at the closing time. Highest Cornerstone Strategic's price during the trading hours was 6.02 and the lowest price during the day was 5.87 . The net volume was 908.5 K. The overall trading history on the 6th of November contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.16% . The overall trading delta to current price is 0.83% . |
Cornerstone Strategic Fundamentals Correlations and Trends
By evaluating Cornerstone Strategic'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 Cornerstone Strategic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cornerstone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cornerstone Strategic Fund history
Cornerstone Strategic 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 Cornerstone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cornerstone Strategic 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 Cornerstone Strategic stock prices may prove useful in developing a viable investing in Cornerstone Strategic
Cornerstone Total Return Fund, Inc. is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations. The fund also invests through other closed-end investment companies and ETFs. It benchmarks the performance of its portfolio against the SP 500 Index. Cornerstone Total Return Fund, Inc. was formed on March 16, 1973 and is domiciled in the United States.
Cornerstone Strategic Fund Technical Analysis
Cornerstone Strategic technical 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
Cornerstone Strategic Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Cornerstone Strategic Return cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Cornerstone Strategic November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Cornerstone Strategic fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cornerstone Strategic shares will generate the highest return on investment. By undertsting and applying Cornerstone Strategic fund market strength indicators, traders can identify Cornerstone Strategic Return entry and exit signals to maximize returns
Cornerstone Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cornerstone Strategic's price direction in advance. Along with the technical and fundamental analysis of Cornerstone Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cornerstone 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 | 0.2954 | |||
Jensen Alpha | 0.2335 | |||
Total Risk Alpha | 0.1759 | |||
Sortino Ratio | 0.2415 | |||
Treynor Ratio | 0.5285 |
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Volume Indicators |
Other Information on Investing in Cornerstone Fund
Cornerstone Strategic financial ratios help investors to determine whether Cornerstone 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 Cornerstone with respect to the benefits of owning Cornerstone Strategic security.
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