Tributary Smallmid Cap Fund Price on November 13, 2024
| FSMBX Fund | USD 18.32 0.02 0.11% |
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 Small/mid stands at 18.32, as last reported on the 27th of November, with the highest price reaching 18.32 and the lowest price hitting 18.32 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 0.1, which indicates the fund had a 0.1% 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 Small/mid's Coefficient Of Variation of 1018.5, semi deviation of 0.7898, and Risk Adjusted Performance of 0.0777 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Tributary Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tributary |
Sharpe Ratio = 0.1008
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Tributary Small/mid is performing at about 7% 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 Small/mid by adding it to a well-diversified portfolio.
Tributary Small/mid Valuation on November 13, 2024
It is possible to determine the worth of Tributary Small/mid on a given historical date. On November 13, 2024 Tributary was worth 18.05 at the beginning of the trading date compared to the closed value of 18.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tributary Small/mid mutual fund. Still, in general, we apply an absolute valuation method to find Tributary Small/mid'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 Small/mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tributary Small/mid's related companies.
| Open | High | Low | Close | Volume | |
| 18.20 | 18.20 | 18.20 | 18.20 | 1.00 | |
11/13/2024 | 18.05 | 18.05 | 18.05 | 18.05 | 1.00 |
| 17.82 | 17.82 | 17.82 | 17.82 | 1.00 |
| Backtest Tributary Small/mid | | | Tributary Small/mid History | | | Tributary Small/mid Valuation | Previous | Next |
Tributary Small/mid Trading Date Momentum on November 13, 2024
| On November 14 2024 Tributary Smallmid Cap was traded for 17.82 at the closing time. The highest daily price throughout the period was 17.82 and the lowest price was 17.82 . There was no trading activity during the period 1.0. Lack of trading volume on 11/14/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.27% . The trading price change to current closing price is 2.22% . |
Tributary Smallmid Cap Fundamentals Correlations and Trends
By evaluating Tributary Small/mid'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 Small/mid'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 Small/mid Mutual Fund history
Tributary Small/mid 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 Small/mid stock prices may prove useful in developing a viable investing in Tributary Small/mid
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 Small/mid Mutual Fund Technical Analysis
Tributary Small/mid 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 Small/mid Period Price Range
Low | November 27, 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 Small/mid November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Tributary Small/mid 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 Small/mid shares will generate the highest return on investment. By undertsting and applying Tributary Small/mid mutual fund market strength indicators, traders can identify Tributary Smallmid Cap entry and exit signals to maximize returns
Tributary Small/mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tributary Small/mid'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 | 0.0777 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0766 |
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Other Information on Investing in Tributary Mutual Fund
Tributary Small/mid 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 Small/mid security.
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