Parametric Modity Strategy Fund Price on January 16, 2025
| EAPCX Fund | USD 6.36 0.01 0.16% |
Below is the normalized historical share price chart for Parametric Modity Strategy extending back to January 05, 2012. 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 Parametric Commodity stands at 6.36, as last reported on the 21st of January, with the highest price reaching 6.36 and the lowest price hitting 6.36 during the day.
If you're considering investing in Parametric Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Parametric Mutual Fund to be very steady. Parametric Commodity maintains Sharpe Ratio (i.e., Efficiency) of 0.0941, which implies the entity had a 0.0941 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Parametric Commodity, which you can use to evaluate the volatility of the fund. Please check Parametric Commodity's Semi Deviation of 0.5864, coefficient of variation of 1201.06, and Risk Adjusted Performance of 0.0671 to confirm if the risk estimate we provide is consistent with the expected return of 0.0626%.
Parametric Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Parametric |
Sharpe Ratio = 0.0941
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Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Parametric Commodity is performing at about 7% 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 Parametric Commodity by adding it to a well-diversified portfolio.
Parametric Commodity Valuation on January 16, 2025
It is possible to determine the worth of Parametric Commodity on a given historical date. On January 16, 2025 Parametric was worth 6.34 at the beginning of the trading date compared to the closed value of 6.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parametric Commodity mutual fund. Still, in general, we apply an absolute valuation method to find Parametric Commodity'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 Parametric Commodity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parametric Commodity's related companies.
| Open | High | Low | Close | Volume | |
| 6.34 | 6.34 | 6.34 | 6.34 | 1.00 | |
01/16/2025 | 6.34 | 6.34 | 6.34 | 6.34 | 1.00 |
| 6.35 | 6.35 | 6.35 | 6.35 | 1.00 |
| Backtest Parametric Commodity | | | Parametric Commodity History | | | Parametric Commodity Valuation | Previous | Next |
Parametric Commodity Trading Date Momentum on January 16, 2025
| On January 17 2025 Parametric Modity Strategy was traded for 6.35 at the closing time. The highest daily price throughout the period was 6.35 and the lowest price was 6.35 . There was no trading activity during the period 1.0. Lack of trading volume on 01/17/2025 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.16% . The trading delta at closing time to current closing price is 0.32% . |
Parametric Commodity Fundamentals Correlations and Trends
By evaluating Parametric Commodity'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 Parametric Commodity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parametric financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parametric Commodity Mutual Fund history
Parametric Commodity 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 Parametric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parametric Commodity 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 Parametric Commodity stock prices may prove useful in developing a viable investing in Parametric Commodity
The fund invests primarily in commodity-linked derivative instruments backed by a portfolio of fixed-income securities. The funds portfolio of fixed-income securities is generally comprised of U.S. Treasury securities and money market instruments. The average portfolio duration of the funds fixed-income portfolio will vary and under normal market conditions is not expected to exceed one year. Commodity-linked derivative instruments include commodity index-linked swap agreements, futures, and commodity linked notes.
Parametric Commodity Mutual Fund Technical Analysis
Parametric Commodity 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
Parametric Commodity Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
Parametric Modity Strategy 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.
Parametric Commodity January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Parametric Commodity 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 Parametric Commodity shares will generate the highest return on investment. By undertsting and applying Parametric Commodity mutual fund market strength indicators, traders can identify Parametric Modity Strategy entry and exit signals to maximize returns
Parametric Commodity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parametric Commodity's price direction in advance. Along with the technical and fundamental analysis of Parametric Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parametric 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 | 0.0671 | |||
| Jensen Alpha | 0.0463 | |||
| Total Risk Alpha | 0.0299 | |||
| Sortino Ratio | 0.0358 | |||
| Treynor Ratio | (1.25) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Parametric Mutual Fund
Parametric Commodity financial ratios help investors to determine whether Parametric 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 Parametric with respect to the benefits of owning Parametric Commodity security.
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