Tributary Smallmid Cap Fund Price on May 16, 2023
| FSMBX Fund | USD 18.11 0.27 1.51% |
Below is the normalized historical share price chart for Tributary Smallmid Cap extending back to August 01, 2019. 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 Tributary Smallmid stands at 18.11, as last reported on the 24th of November, with the highest price reaching 18.11 and the lowest price hitting 18.11 during the day.
If you're considering investing in Tributary Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Tributary Mutual Fund to be very steady. Tributary Smallmid Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0822, which indicates the fund had a 0.0822% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tributary Smallmid Cap, which you can use to evaluate the volatility of the fund. Please validate Tributary Smallmid's Coefficient Of Variation of 924.53, risk adjusted performance of 0.0856, and Semi Deviation of 0.7768 to confirm if the risk estimate we provide is consistent with the expected return of 0.0835%.
Tributary Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tributary |
Sharpe Ratio = 0.0822
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| Cash | FSMBX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Tributary Smallmid is performing at about 6% 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 Tributary Smallmid by adding it to a well-diversified portfolio.
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Tributary Smallmid Valuation on May 16, 2023
It is possible to determine the worth of Tributary Smallmid on a given historical date. On May 16, 2023 Tributary was worth 13.3 at the beginning of the trading date compared to the closed value of 13.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tributary Smallmid mutual fund. Still, in general, we apply an absolute valuation method to find Tributary Smallmid'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 Tributary Smallmid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tributary Smallmid's related companies.
| Open | High | Low | Close | Volume | |
| 13.47 | 13.47 | 13.47 | 13.47 | 1.00 | |
05/16/2023 | 13.30 | 13.30 | 13.30 | 13.30 | 1.00 |
| 13.52 | 13.52 | 13.52 | 13.52 | 1.00 |
| Backtest Tributary Smallmid | | | Tributary Smallmid History | | | Tributary Smallmid Valuation | Previous | Next |
Tributary Smallmid Trading Date Momentum on May 16, 2023
| On May 17 2023 Tributary Smallmid Cap was traded for 13.52 at the closing time. The highest daily price throughout the period was 13.52 and the lowest price was 13.52 . There was no trading activity during the period 1.0. Lack of trading volume on 05/17/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.65% . The trading price change to current closing price is 1.20% . |
Tributary Smallmid Cap Fundamentals Correlations and Trends
By evaluating Tributary Smallmid'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 Tributary Smallmid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tributary financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tributary Smallmid Mutual Fund history
Tributary Smallmid 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 Tributary is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tributary Smallmid Cap 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 Tributary Smallmid stock prices may prove useful in developing a viable investing in Tributary Smallmid
Under normal market conditions, the Advisor intends to invest at least 80 percent of its assets in common stocks and securities that can be converted into common stocks, such as convertible bonds, convertible preferred stocks, options, and rights of companies with small- or mid-market capitalizations. The advisor defines small- and mid-market capitalization companies as companies with market capitalizations of up to 30 billion.
Tributary Smallmid Mutual Fund Technical Analysis
Tributary Smallmid 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
Tributary Smallmid Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Tributary Smallmid Cap 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.
Tributary Smallmid November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Tributary Smallmid 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 Tributary Smallmid shares will generate the highest return on investment. By undertsting and applying Tributary Smallmid mutual fund market strength indicators, traders can identify Tributary Smallmid Cap entry and exit signals to maximize returns
Tributary Smallmid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tributary Smallmid's price direction in advance. Along with the technical and fundamental analysis of Tributary Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tributary 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 | 0.0856 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0852 |
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Other Information on Investing in Tributary Mutual Fund
Tributary Smallmid financial ratios help investors to determine whether Tributary 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 Tributary with respect to the benefits of owning Tributary Smallmid security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |