Fs Multi Strategy Alt Fund Price on November 18, 2024
| FSMMX Fund | USD 11.27 0.03 0.27% |
Below is the normalized historical share price chart for Fs Multi Strategy Alt extending back to May 16, 2017. 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 Fs Multi-strategy stands at 11.27, as last reported on the 28th of November, with the highest price reaching 11.27 and the lowest price hitting 11.27 during the day.
If you're considering investing in FSMMX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider FSMMX Mutual Fund to be very steady. Fs Multi Strategy retains Efficiency (Sharpe Ratio) of 0.0893, which denotes the fund had a 0.0893% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Fs Multi-strategy, which you can use to evaluate the volatility of the entity. Please confirm Fs Multi-strategy's Standard Deviation of 0.1741, market risk adjusted performance of 0.0209, and Downside Deviation of 0.1942 to check if the risk estimate we provide is consistent with the expected return of 0.0157%.
FSMMX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
FSMMX |
Sharpe Ratio = 0.0893
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FSMMX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Fs Multi-strategy 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 Fs Multi-strategy by adding it to a well-diversified portfolio.
Fs Multi-strategy Valuation on November 18, 2024
It is possible to determine the worth of Fs Multi-strategy on a given historical date. On November 18, 2024 FSMMX was worth 11.25 at the beginning of the trading date compared to the closed value of 11.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fs Multi-strategy mutual fund. Still, in general, we apply an absolute valuation method to find Fs Multi-strategy'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 Fs Multi-strategy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fs Multi-strategy's related companies.
| Open | High | Low | Close | Volume | |
| 11.21 | 11.21 | 11.21 | 11.21 | 1.00 | |
11/18/2024 | 11.25 | 11.25 | 11.25 | 11.25 | 1.00 |
| 11.23 | 11.23 | 11.23 | 11.23 | 1.00 |
| Backtest Fs Multi-strategy | | | Fs Multi-strategy History | | | Fs Multi-strategy Valuation | Previous | Next |
Fs Multi-strategy Trading Date Momentum on November 18, 2024
| On November 19 2024 Fs Multi Strategy Alt was traded for 11.23 at the closing time. The highest daily price throughout the period was 11.23 and the lowest price was 11.23 . There was no trading activity during the period 1.0. Lack of trading volume on 11/19/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.18% . The overall trading delta to current closing price is 0.18% . |
Fs Multi Strategy Fundamentals Correlations and Trends
By evaluating Fs Multi-strategy'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 Fs Multi-strategy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FSMMX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fs Multi-strategy Mutual Fund history
Fs Multi-strategy 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 FSMMX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fs Multi Strategy 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 Fs Multi-strategy stock prices may prove useful in developing a viable investing in Fs Multi-strategy
The fund seeks to achieve its investment objective by actively allocating its assets across a broad spectrum of alternative investment strategies. It will seek to provide exposure to alternative strategies with low correlation to traditional equity and fixed income markets, which can enhance portfolio diversification. The strategy will be implemented through a rigorous quantitative and qualitative process intended to select high quality Underlying Managers and Alternative Beta Strategies. The fund is non-diversified.
Fs Multi-strategy Mutual Fund Technical Analysis
Fs Multi-strategy 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
Fs Multi-strategy Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Fs Multi Strategy Alt 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.
Fs Multi-strategy November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Fs Multi-strategy 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 Fs Multi-strategy shares will generate the highest return on investment. By undertsting and applying Fs Multi-strategy mutual fund market strength indicators, traders can identify Fs Multi Strategy Alt entry and exit signals to maximize returns
Fs Multi-strategy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fs Multi-strategy's price direction in advance. Along with the technical and fundamental analysis of FSMMX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of FSMMX 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 | 0.0141 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.62) | |||
| Treynor Ratio | 0.0109 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in FSMMX Mutual Fund
Fs Multi-strategy financial ratios help investors to determine whether FSMMX 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 FSMMX with respect to the benefits of owning Fs Multi-strategy security.
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