Global Hard Assets Fund Price on September 13, 2024
| GHACX Fund | USD 34.17 0.26 0.77% |
Below is the normalized historical share price chart for Global Hard Assets extending back to March 07, 1997. 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 Hard stands at 34.17, as last reported on the 30th of November, with the highest price reaching 34.17 and the lowest price hitting 34.17 during the day.
If you're considering investing in Global Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Global Mutual Fund to be very steady. Global Hard Assets holds Efficiency (Sharpe) Ratio of 0.0634, which attests that the entity had a 0.0634% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global Hard Assets, which you can use to evaluate the volatility of the entity. Please check out Global Hard's Risk Adjusted Performance of 0.0155, downside deviation of 1.06, and Market Risk Adjusted Performance of 0.0208 to validate if the risk estimate we provide is consistent with the expected return of 0.0532%.
Global Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.0634
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Global Hard is performing at about 4% 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 Global Hard by adding it to a well-diversified portfolio.
Global Hard Valuation on September 13, 2024
It is possible to determine the worth of Global Hard on a given historical date. On September 13, 2024 Global was worth 33.08 at the beginning of the trading date compared to the closed value of 33.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Hard mutual fund. Still, in general, we apply an absolute valuation method to find Global Hard'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 Hard where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Hard's related companies.
| Open | High | Low | Close | Volume | |
| 32.76 | 32.76 | 32.76 | 32.76 | 1.00 | |
09/13/2024 | 33.08 | 33.08 | 33.08 | 33.08 | 1.00 |
| 33.25 | 33.25 | 33.25 | 33.25 | 1.00 |
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Global Hard Trading Date Momentum on September 13, 2024
| On September 16 2024 Global Hard Assets was traded for 33.25 at the closing time. The highest daily price throughout the period was 33.25 and the lowest price was 33.25 . There was no trading activity during the period 1.0. Lack of trading volume on 09/16/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.51% . The overall trading delta to current closing price is 2.66% . |
Global Hard Assets Fundamentals Correlations and Trends
By evaluating Global Hard'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 Hard'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 Hard Mutual Fund history
Global Hard 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 Hard Assets 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 Hard stock prices may prove useful in developing a viable investing in Global Hard
Under normal conditions, the fund invests at least 80 percent of its net assets in securities of global resource companies and instruments that derive their value from global resources. Global resources include precious metals , base and industrial metals, energy, natural resources and other commodities. A global resource company is a company that derives, directly or indirectly, at least 50 percent of its revenues from exploration, development, production, distribution or facilitation of processes relating to global resources.
Global Hard Mutual Fund Technical Analysis
Global Hard 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 Hard Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Global Hard Assets 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 Hard November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Hard 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 Hard shares will generate the highest return on investment. By undertsting and applying Global Hard mutual fund market strength indicators, traders can identify Global Hard Assets entry and exit signals to maximize returns
Global Hard Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Hard'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 | 0.0155 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0108 |
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| Volume Indicators |
Other Information on Investing in Global Mutual Fund
Global Hard 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 Hard security.
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