K2 Alternative Strategies Fund Price on September 18, 2024
| FABZX Fund | USD 12.17 0.04 0.33% |
Below is the normalized historical share price chart for K2 Alternative Strategies extending back to November 18, 2013. 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 K2 Alternative stands at 12.17, as last reported on the 30th of November, with the highest price reaching 12.17 and the lowest price hitting 12.17 during the day.
If you're considering investing in FABZX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider FABZX Mutual Fund to be very steady. K2 Alternative Strategies retains Efficiency (Sharpe Ratio) of 0.31, which conveys that the fund had a 0.31% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for K2 Alternative, which you can use to evaluate the volatility of the entity. Please verify K2 Alternative's Mean Deviation of 0.1419, variance of 0.033, and Market Risk Adjusted Performance of 0.2895 to check out if the risk estimate we provide is consistent with the expected return of 0.0537%.
FABZX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
FABZX |
Sharpe Ratio = 0.3087
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Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average K2 Alternative is performing at about 24% 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 K2 Alternative by adding it to a well-diversified portfolio.
K2 Alternative Valuation on September 18, 2024
It is possible to determine the worth of K2 Alternative on a given historical date. On September 18, 2024 FABZX was worth 11.87 at the beginning of the trading date compared to the closed value of 11.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of K2 Alternative mutual fund. Still, in general, we apply an absolute valuation method to find K2 Alternative'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 K2 Alternative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against K2 Alternative's related companies.
| Open | High | Low | Close | Volume | |
| 11.87 | 11.87 | 11.87 | 11.87 | 1.00 | |
09/18/2024 | 11.87 | 11.87 | 11.87 | 11.87 | 1.00 |
| 11.92 | 11.92 | 11.92 | 11.92 | 1.00 |
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K2 Alternative Trading Date Momentum on September 18, 2024
| On September 19 2024 K2 Alternative Strategies was traded for 11.92 at the closing time. The highest daily price throughout the period was 11.92 and the lowest price was 11.92 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.42% . The trading delta at closing time to current closing price is 1.10% . |
K2 Alternative Strategies Fundamentals Correlations and Trends
By evaluating K2 Alternative'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 K2 Alternative's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FABZX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About K2 Alternative Mutual Fund history
K2 Alternative 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 FABZX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in K2 Alternative Strategies 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 K2 Alternative stock prices may prove useful in developing a viable investing in K2 Alternative
The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative strategies, including, but not limited to, some or all of the following strategies Long Short Equity, Relative Value, Event Driven and Global Macro. It may invest in a wide range of securities and other investments including, but not limited to equity securities and debt securities.
K2 Alternative Mutual Fund Technical Analysis
K2 Alternative 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
K2 Alternative Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
K2 Alternative Strategies 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.
K2 Alternative November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how K2 Alternative 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 K2 Alternative shares will generate the highest return on investment. By undertsting and applying K2 Alternative mutual fund market strength indicators, traders can identify K2 Alternative Strategies entry and exit signals to maximize returns
K2 Alternative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for K2 Alternative's price direction in advance. Along with the technical and fundamental analysis of FABZX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of FABZX 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 | 0.1763 | |||
| Jensen Alpha | 0.0215 | |||
| Total Risk Alpha | 0.0092 | |||
| Sortino Ratio | (0.42) | |||
| Treynor Ratio | 0.2795 |
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Other Information on Investing in FABZX Mutual Fund
K2 Alternative financial ratios help investors to determine whether FABZX 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 FABZX with respect to the benefits of owning K2 Alternative security.
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| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |