1290 Essex Small Fund Price on September 5, 2024
| ESCJX Fund | 13.24 0.23 1.71% |
If you're considering investing in 1290 Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of 1290 Essex stands at 13.24, as last reported on the 24th of November, with the highest price reaching 13.24 and the lowest price hitting 13.24 during the day. At this stage we consider 1290 Mutual Fund to be not too volatile. 1290 Essex Small retains Efficiency (Sharpe Ratio) of 0.0836, which signifies that the fund had a 0.0836% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 1290 Essex, which you can use to evaluate the volatility of the entity. Please confirm 1290 Essex's Standard Deviation of 1.52, coefficient of variation of 962.76, and Market Risk Adjusted Performance of 1.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
1290 Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
1290 |
Sharpe Ratio = 0.0836
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| Cash | Small Risk | ESCJX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average 1290 Essex is performing at about 6% 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 1290 Essex by adding it to a well-diversified portfolio.
1290 Essex Valuation on September 5, 2024
It is possible to determine the worth of 1290 Essex on a given historical date. On September 5, 2024 1290 was worth 11.75 at the beginning of the trading date compared to the closed value of 11.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 1290 Essex mutual fund. Still, in general, we apply an absolute valuation method to find 1290 Essex'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 1290 Essex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 1290 Essex's related companies.
| Open | High | Low | Close | Volume | |
| 11.79 | 11.79 | 11.79 | 11.79 | 1.00 | |
09/05/2024 | 11.75 | 11.75 | 11.75 | 11.75 | 1.00 |
| 11.46 | 11.46 | 11.46 | 11.46 | 1.00 |
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1290 Essex Trading Date Momentum on September 5, 2024
| On September 06 2024 1290 Essex Small was traded for 11.46 at the closing time. The highest daily price throughout the period was 11.46 and the lowest price was 11.46 . There was no trading activity during the period 1.0. Lack of trading volume on 09/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.47% . The daily price change to current closing price is 2.72% . |
1290 Essex Small Fundamentals Correlations and Trends
By evaluating 1290 Essex'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 1290 Essex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 1290 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 1290 Essex Mutual Fund history
1290 Essex 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 1290 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 1290 Essex Small 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 1290 Essex stock prices may prove useful in developing a viable investing in 1290 Essex
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of small- and micro-capitalization companies. For the fund, a company is considered to be a small-capitalization company if, at the time of purchase, its market capitalization is less than or equal to the market capitalization of the largest company included within the Russell 2000 Growth Index.
1290 Essex Mutual Fund Technical Analysis
1290 Essex 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
1290 Essex Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
1290 Essex Small 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.
1290 Essex November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how 1290 Essex 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 1290 Essex shares will generate the highest return on investment. By undertsting and applying 1290 Essex mutual fund market strength indicators, traders can identify 1290 Essex Small entry and exit signals to maximize returns
1290 Essex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 1290 Essex's price direction in advance. Along with the technical and fundamental analysis of 1290 Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of 1290 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 | 0.0846 | |||
| Jensen Alpha | 0.1377 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0174 | |||
| Treynor Ratio | 1.75 |
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Other Information on Investing in 1290 Mutual Fund
1290 Essex financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Essex security.
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