Global Bond Fund Price on December 4, 2024
| GGBFX Fund | USD 8.68 0.01 0.12% |
Below is the normalized historical share price chart for Global Bond Fund extending back to December 29, 2006. 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 Global Bond stands at 8.68, as last reported on the 4th of December, with the highest price reaching 8.68 and the lowest price hitting 8.68 during the day.
If you're considering investing in Global Mutual Fund, it is important to understand the factors that can impact its price. Global Bond Fund holds Efficiency (Sharpe) Ratio of -0.0823, which attests that the entity had a -0.0823% return per unit of risk over the last 3 months. Global Bond Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Bond's Market Risk Adjusted Performance of 0.7658, risk adjusted performance of (0.04), and Standard Deviation of 0.2617 to validate the risk estimate we provide.
Global Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.0823
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Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Bond 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 Global Bond by adding Global Bond to a well-diversified portfolio.
Global Bond Valuation on December 4, 2024
It is possible to determine the worth of Global Bond on a given historical date. On December 4, 2024 Global was worth 8.68 at the beginning of the trading date compared to the closed value of 8.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Bond mutual fund. Still, in general, we apply an absolute valuation method to find Global Bond'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 Global Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Bond's related companies.
| Open | High | Low | Close | Volume | |
| 8.68 | 8.68 | 8.68 | 8.68 | 1.00 | |
12/04/2024 | 8.68 | 8.68 | 8.68 | 8.68 | 0.00 |
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Global Bond Trading Date Momentum on December 4, 2024
| On December 04 2024 Global Bond Fund was traded for 8.68 at the closing time. The highest daily price throughout the period was 8.68 and the lowest price was 8.68 . There was no trading activity during the period 0.0. Lack of trading volume on 12/04/2024 did not cause price change. The overall trading delta to current closing price is 0.00% . |
Global Bond Fund Fundamentals Correlations and Trends
By evaluating Global Bond'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 Global Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Bond Mutual Fund history
Global Bond 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Bond Fund 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 Global Bond stock prices may prove useful in developing a viable investing in Global Bond
The fund invests mainly in a diversified portfolio of fixed income instruments of varying maturities and quality across different industries and sectors of the fixed income market. It may invest up to 30 percent of its assets in U.S. and non-U.S. below-investment grade securities . The average dollar-weighted duration of the fund normally varies between three and 10 years.
Global Bond Mutual Fund Technical Analysis
Global Bond 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
Global Bond Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Global Bond Fund 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.
Global Bond December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Bond 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 Global Bond shares will generate the highest return on investment. By undertsting and applying Global Bond mutual fund market strength indicators, traders can identify Global Bond Fund entry and exit signals to maximize returns
Global Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Bond's price direction in advance. Along with the technical and fundamental analysis of Global Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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 | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.7558 |
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| Volume Indicators |
Other Information on Investing in Global Mutual Fund
Global Bond financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Bond security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |