Centre American Select Fund Price on November 25, 2024
| DHANX Fund | USD 15.85 0.11 0.70% |
Below is the normalized historical share price chart for Centre American Select extending back to January 28, 2014. 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 Centre American stands at 15.85, as last reported on the 5th of January, with the highest price reaching 15.85 and the lowest price hitting 15.85 during the day.
If you're considering investing in Centre Mutual Fund, it is important to understand the factors that can impact its price. Centre American Select secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the fund had a -0.11% return per unit of risk over the last 3 months. Centre American Select exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centre American's Risk Adjusted Performance of (0.09), standard deviation of 1.62, and Mean Deviation of 0.6374 to double-check the risk estimate we provide.
Centre Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Centre |
Sharpe Ratio = -0.1065
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Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Centre American 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 Centre American by adding Centre American to a well-diversified portfolio.
Centre American Valuation on November 25, 2024
It is possible to determine the worth of Centre American on a given historical date. On November 25, 2024 Centre was worth 18.08 at the beginning of the trading date compared to the closed value of 18.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Centre American mutual fund. Still, in general, we apply an absolute valuation method to find Centre American'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 Centre American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Centre American's related companies.
| Open | High | Low | Close | Volume | |
| 17.98 | 17.98 | 17.98 | 17.98 | 1.00 | |
11/25/2024 | 18.08 | 18.08 | 18.08 | 18.08 | 1.00 |
| 18.13 | 18.13 | 18.13 | 18.13 | 1.00 |
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Centre American Trading Date Momentum on November 25, 2024
| On November 26 2024 Centre American Select was traded for 18.13 at the closing time. The highest daily price throughout the period was 18.13 and the lowest price was 18.13 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.28% . The overall trading delta to current closing price is 1.71% . |
Centre American Select Fundamentals Correlations and Trends
By evaluating Centre American'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 Centre American's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Centre financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Centre American Mutual Fund history
Centre American 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 Centre is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Centre American Select 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 Centre American stock prices may prove useful in developing a viable investing in Centre American
The fund normally invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of large capitalization U.S. companies. The 80 percent portion of the funds portfolio consists of investments in U.S. companies that are members of the SP 500 Index or possess similar minimum market capitalization and trading volume attributes. The remaining 20 percent of the funds net assets, plus borrowings for investment purposes, may include small-cap and mid-cap companies, preferred stock, exchange-traded funds , and preferred stock.
Centre American Mutual Fund Technical Analysis
Centre American 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
Centre American Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Centre American Select 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.
Centre American January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Centre American 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 Centre American shares will generate the highest return on investment. By undertsting and applying Centre American mutual fund market strength indicators, traders can identify Centre American Select entry and exit signals to maximize returns
Centre American Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Centre American's price direction in advance. Along with the technical and fundamental analysis of Centre Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Centre 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 | (0.09) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.51) |
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| Volume Indicators |
Other Information on Investing in Centre Mutual Fund
Centre American financial ratios help investors to determine whether Centre 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 Centre with respect to the benefits of owning Centre American security.
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