The Fairholme Fund Price on November 11, 2024
| FAIRX Fund | USD 33.06 0.02 0.06% |
Below is the normalized historical share price chart for The Fairholme Fund extending back to August 25, 2000. 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 The Fairholme stands at 33.06, as last reported on the 26th of November, with the highest price reaching 33.06 and the lowest price hitting 33.06 during the day.
If you're considering investing in The Mutual Fund, it is important to understand the factors that can impact its price. The Fairholme owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the fund had a -0.11% return per unit of risk over the last 3 months. The Fairholme Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate The Fairholme's Risk Adjusted Performance of (0.11), variance of 1.27, and Coefficient Of Variation of (700.58) to confirm the risk estimate we provide.
The Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
The |
Sharpe Ratio = -0.1135
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FAIRX |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.13 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 The Fairholme 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 The Fairholme by adding The Fairholme to a well-diversified portfolio.
The Fairholme Valuation on November 11, 2024
It is possible to determine the worth of The Fairholme on a given historical date. On November 11, 2024 The was worth 33.34 at the beginning of the trading date compared to the closed value of 33.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of The Fairholme mutual fund. Still, in general, we apply an absolute valuation method to find The Fairholme'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 The Fairholme where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against The Fairholme's related companies.
| Open | High | Low | Close | Volume | |
| 33.49 | 33.49 | 33.49 | 33.49 | 1.00 | |
11/11/2024 | 33.34 | 33.34 | 33.34 | 33.34 | 1.00 |
| 32.71 | 32.71 | 32.71 | 32.71 | 1.00 |
| Backtest The Fairholme | | | The Fairholme History | | | The Fairholme Valuation | Previous | Next |
The Fairholme Trading Date Momentum on November 11, 2024
| On November 12 2024 The Fairholme Fund was traded for 32.71 at the closing time. The highest daily price throughout the period was 32.71 and the lowest price was 32.71 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.89% . The trading price change to current closing price is 2.85% . |
The Fairholme Fundamentals Correlations and Trends
By evaluating The Fairholme'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 The Fairholme's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. The financial account trend analysis is a perfect complement when working with valuation or volatility modules.About The Fairholme Mutual Fund history
The Fairholme 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 The is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in The Fairholme 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 The Fairholme stock prices may prove useful in developing a viable investing in The Fairholme
Under normal circumstances, to achieve the funds investment objective by investing in a focused portfolio of equity and fixed-income securities. It may invest in common and preferred stock, interests in PTPs, business trust shares, depository receipts, rights and warrants to subscribe for the purchase of equity securities, and interests in REITs. The fund may invest in U.S. corporate debt securities, non-U.S. corporate debt securities, bank debt, U.S. government and agency debt securities, short-term debt obligations of foreign governments and foreign money market instruments. It is non-diversified.
The Fairholme Mutual Fund Technical Analysis
The Fairholme 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
The Fairholme Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
The Fairholme Fund 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.
The Fairholme November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how The Fairholme 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 The Fairholme shares will generate the highest return on investment. By undertsting and applying The Fairholme mutual fund market strength indicators, traders can identify The Fairholme Fund entry and exit signals to maximize returns
The Fairholme Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for The Fairholme's price direction in advance. Along with the technical and fundamental analysis of The Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of The 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 | (0.11) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.21) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in The Mutual Fund
The Fairholme financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Fairholme security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |