Fpa New Income Fund Price on December 2, 2024
FPNRX Fund | 9.90 0.02 0.20% |
If you're considering investing in Fpa Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Fpa New stands at 9.90, as last reported on the 2nd of December, with the highest price reaching 9.90 and the lowest price hitting 9.90 during the day. Fpa New Income secures Sharpe Ratio (or Efficiency) of -0.0162, which denotes the fund had a -0.0162% return per unit of standard deviation over the last 3 months. Fpa New Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fpa New's Standard Deviation of 0.1835, mean deviation of 0.1304, and Coefficient Of Variation of (13,457) to check the risk estimate we provide.
Fpa Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Fpa |
Sharpe Ratio = -0.0162
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Estimated Market Risk
0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fpa New 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 Fpa New by adding Fpa New to a well-diversified portfolio.
Fpa New Valuation on December 2, 2024
It is possible to determine the worth of Fpa New on a given historical date. On December 2, 2024 Fpa was worth 9.9 at the beginning of the trading date compared to the closed value of 9.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fpa New mutual fund. Still, in general, we apply an absolute valuation method to find Fpa New'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 Fpa New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fpa New's related companies.
Open | High | Low | Close | Volume | |
9.90 | 9.90 | 9.90 | 9.90 | 1.00 | |
12/02/2024 | 9.90 | 9.90 | 9.90 | 9.90 | 0.00 |
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Fpa New Trading Date Momentum on December 2, 2024
On December 02 2024 Fpa New Income was traded for 9.90 at the closing time. The highest daily price throughout the period was 9.90 and the lowest price was 9.90 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
About Fpa New Mutual Fund history
Fpa New 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 Fpa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fpa New 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 Fpa New stock prices may prove useful in developing a viable investing in Fpa New
The fund primarily invests in a diversified portfolio of debt securities, cash and cash equivalents. It generally invests in highly rated debt securities and invests at least 75 percent of its total assets, calculated at market value at the time of purchase, in debt securities rated at least A- or its equivalent by a NRSRO and in cash equivalent securities.
Fpa New Mutual Fund Technical Analysis
Fpa New 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
Fpa New Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Fpa New Income 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.
Fpa New December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Fpa New 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 Fpa New shares will generate the highest return on investment. By undertsting and applying Fpa New mutual fund market strength indicators, traders can identify Fpa New Income entry and exit signals to maximize returns
Fpa New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fpa New's price direction in advance. Along with the technical and fundamental analysis of Fpa Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fpa 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 | (0.04) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | 0.4638 |
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Volume Indicators |
Other Information on Investing in Fpa Mutual Fund
Fpa New financial ratios help investors to determine whether Fpa 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 Fpa with respect to the benefits of owning Fpa New security.
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