Fam Equity Income Fund Price on November 20, 2024
| FAMEX Fund | USD 62.47 0.03 0.05% |
Below is the normalized historical share price chart for Fam Equity Income Fund extending back to May 04, 1998. 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 Fam Equity-income stands at 62.47, as last reported on the 27th of November, with the highest price reaching 62.47 and the lowest price hitting 62.47 during the day.
If you're considering investing in Fam Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Fam Mutual Fund to be very steady. Fam Equity Income secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fam Equity Income Fund, which you can use to evaluate the volatility of the entity. Please confirm Fam Equity-income's Coefficient Of Variation of 988.39, downside deviation of 0.7708, and Mean Deviation of 0.6031 to check if the risk estimate we provide is consistent with the expected return of 0.0881%.
Fam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fam |
Sharpe Ratio = 0.1127
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| Cash | FAMEX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Fam Equity-income is performing at about 8% 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 Fam Equity-income by adding it to a well-diversified portfolio.
Fam Equity-income Valuation on November 20, 2024
It is possible to determine the worth of Fam Equity-income on a given historical date. On November 20, 2024 Fam was worth 60.49 at the beginning of the trading date compared to the closed value of 60.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fam Equity-income mutual fund. Still, in general, we apply an absolute valuation method to find Fam Equity-income'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 Fam Equity-income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fam Equity-income's related companies.
| Open | High | Low | Close | Volume | |
| 60.28 | 60.28 | 60.28 | 60.28 | 1.00 | |
11/20/2024 | 60.49 | 60.49 | 60.49 | 60.49 | 1.00 |
| 61.36 | 61.36 | 61.36 | 61.36 | 1.00 |
| Backtest Fam Equity-income | | | Fam Equity-income History | | | Fam Equity-income Valuation | Previous | Next |
Fam Equity-income Trading Date Momentum on November 20, 2024
| On November 21 2024 Fam Equity Income Fund was traded for 61.36 at the closing time. The highest daily price throughout the period was 61.36 and the lowest price was 61.36 . There was no trading activity during the period 1.0. Lack of trading volume on 11/21/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.44% . The overall trading delta to current closing price is 3.27% . |
Fam Equity Income Fundamentals Correlations and Trends
By evaluating Fam Equity-income'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 Fam Equity-income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fam Equity-income Mutual Fund history
Fam Equity-income 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 Fam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fam Equity Income 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 Fam Equity-income stock prices may prove useful in developing a viable investing in Fam Equity-income
The funds adviser employs a value approach in making its common stock selections. Generally, the adviser will attempt to remain fully invested in common stocks and securities that are convertible into common stocks, such as convertible bonds and convertible preferred stocks. The fund may invest in the securities of issuers of all sizes and market capitalizations.
Fam Equity-income Mutual Fund Technical Analysis
Fam Equity-income 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
Fam Equity-income Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Fam Equity Income 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.
Fam Equity-income November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Fam Equity-income 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 Fam Equity-income shares will generate the highest return on investment. By undertsting and applying Fam Equity-income mutual fund market strength indicators, traders can identify Fam Equity Income Fund entry and exit signals to maximize returns
Fam Equity-income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fam Equity-income's price direction in advance. Along with the technical and fundamental analysis of Fam Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fam 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 | 0.0774 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0813 |
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Other Information on Investing in Fam Mutual Fund
Fam Equity-income financial ratios help investors to determine whether Fam 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 Fam with respect to the benefits of owning Fam Equity-income security.
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