Eventide Healthcare Life Fund Price on May 26, 2023
| ETAHX Fund | USD 35.59 0.06 0.17% |
Below is the normalized historical share price chart for Eventide Healthcare Life extending back to December 27, 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 Eventide Healthcare stands at 35.59, as last reported on the 30th of November, with the highest price reaching 35.59 and the lowest price hitting 35.59 during the day.
If you're considering investing in Eventide Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Eventide Mutual Fund to be very steady. Eventide Healthcare Life secures Sharpe Ratio (or Efficiency) of 0.0196, which denotes the fund had a 0.0196% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Eventide Healthcare Life, which you can use to evaluate the volatility of the entity. Please confirm Eventide Healthcare's Standard Deviation of 1.36, mean deviation of 1.02, and Variance of 1.85 to check if the risk estimate we provide is consistent with the expected return of 0.0265%.
Eventide Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Eventide |
Sharpe Ratio = 0.0196
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Eventide Healthcare is performing at about 1% 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 Eventide Healthcare by adding it to a well-diversified portfolio.
Eventide Healthcare Valuation on May 26, 2023
It is possible to determine the worth of Eventide Healthcare on a given historical date. On May 26, 2023 Eventide was worth 35.83 at the beginning of the trading date compared to the closed value of 35.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eventide Healthcare mutual fund. Still, in general, we apply an absolute valuation method to find Eventide Healthcare'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 Eventide Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eventide Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 35.44 | 35.44 | 35.44 | 35.44 | 1.00 | |
05/26/2023 | 35.83 | 35.83 | 35.83 | 35.83 | 1.00 |
| 35.43 | 35.43 | 35.43 | 35.43 | 1.00 |
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Eventide Healthcare Trading Date Momentum on May 26, 2023
| On May 30 2023 Eventide Healthcare Life was traded for 35.43 at the closing time. The highest daily price throughout the period was 35.43 and the lowest price was 35.43 . There was no trading activity during the period 1.0. Lack of trading volume on 05/30/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.12% . The overall trading delta to current closing price is 2.32% . |
Eventide Healthcare Life Fundamentals Correlations and Trends
By evaluating Eventide Healthcare'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 Eventide Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eventide financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eventide Healthcare Mutual Fund history
Eventide Healthcare 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 Eventide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eventide Healthcare Life 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 Eventide Healthcare stock prices may prove useful in developing a viable investing in Eventide Healthcare
Under normal market conditions, the fund invests at least 80 percent of its net assets in equity and equity-related securities of companies in the healthcare and life sciences sectors, including common stock, options, preferred stock and convertible debt. It may invest without limitation in securities of companies domiciled outside the United States either directly or through American Depositary Receipts . The fund may invest in securities of companies of any market capitalization.
Eventide Healthcare Mutual Fund Technical Analysis
Eventide Healthcare 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
Eventide Healthcare Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Eventide Healthcare Life 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.
Eventide Healthcare November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Eventide Healthcare 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 Eventide Healthcare shares will generate the highest return on investment. By undertsting and applying Eventide Healthcare mutual fund market strength indicators, traders can identify Eventide Healthcare Life entry and exit signals to maximize returns
Eventide Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eventide Healthcare's price direction in advance. Along with the technical and fundamental analysis of Eventide Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eventide 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 | 0.0043 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.01) |
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Other Information on Investing in Eventide Mutual Fund
Eventide Healthcare financial ratios help investors to determine whether Eventide 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 Eventide with respect to the benefits of owning Eventide Healthcare security.
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