Defense And Aerospace Fund Price on January 9, 2024
| FSDAX Fund | USD 20.15 0.21 1.05% |
Below is the normalized historical share price chart for Defense And Aerospace extending back to May 15, 1986. 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 Defense And stands at 20.15, as last reported on the 2nd of December, with the highest price reaching 20.15 and the lowest price hitting 20.15 during the day.
If you're considering investing in Defense Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Defense Mutual Fund to be very steady. Defense And Aerospace 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 Defense And Aerospace, which you can use to evaluate the volatility of the entity. Please confirm Defense And's Mean Deviation of 0.8347, coefficient of variation of 1478.99, and Downside Deviation of 1.43 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Defense Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Defense |
Sharpe Ratio = 0.1058
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Defense And 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 Defense And by adding it to a well-diversified portfolio.
Defense And Valuation on January 9, 2024
It is possible to determine the worth of Defense And on a given historical date. On January 9, 2024 Defense was worth 16.18 at the beginning of the trading date compared to the closed value of 16.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Defense And mutual fund. Still, in general, we apply an absolute valuation method to find Defense And'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 Defense And where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Defense And's related companies.
| Open | High | Low | Close | Volume | |
| 16.31 | 16.31 | 16.31 | 16.31 | 1.00 | |
01/09/2024 | 16.18 | 16.18 | 16.18 | 16.18 | 1.00 |
| 16.33 | 16.33 | 16.33 | 16.33 | 1.00 |
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Defense And Trading Date Momentum on January 9, 2024
| On January 10 2024 Defense And Aerospace was traded for 16.33 at the closing time. The highest daily price throughout the period was 16.33 and the lowest price was 16.33 . There was no trading activity during the period 1.0. Lack of trading volume on 01/10/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.93% . The overall trading delta to current closing price is 0.06% . |
Defense And Aerospace Fundamentals Correlations and Trends
By evaluating Defense And'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 Defense And's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Defense financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Defense And Mutual Fund history
Defense And 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 Defense is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Defense And Aerospace 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 Defense And stock prices may prove useful in developing a viable investing in Defense And
The fund invests primarily in common stocks. It invests at least 80 percent of assets in securities of companies principally engaged in the research, manufacture, or sale of products or services related to the defense or aerospace industries. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.
Defense And Mutual Fund Technical Analysis
Defense And 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
Defense And Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Defense And Aerospace 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.
Defense And December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Defense And 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 Defense And shares will generate the highest return on investment. By undertsting and applying Defense And mutual fund market strength indicators, traders can identify Defense And Aerospace entry and exit signals to maximize returns
Defense And Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Defense And's price direction in advance. Along with the technical and fundamental analysis of Defense Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Defense 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 | 0.0552 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0703 |
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Other Information on Investing in Defense Mutual Fund
Defense And financial ratios help investors to determine whether Defense 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 Defense with respect to the benefits of owning Defense And security.
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