Gotham Index Plus Fund Price on May 31, 2024
| GINDX Fund | USD 29.47 0.19 0.65% |
Below is the normalized historical share price chart for Gotham Index Plus extending back to April 01, 2015. 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 Gotham Index stands at 29.47, as last reported on the 1st of December, with the highest price reaching 29.47 and the lowest price hitting 29.47 during the day.
If you're considering investing in Gotham Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Gotham Mutual Fund to be very steady. Gotham Index Plus holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gotham Index Plus, which you can use to evaluate the volatility of the entity. Please check out Gotham Index's Downside Deviation of 0.822, risk adjusted performance of 0.1213, and Market Risk Adjusted Performance of 0.1471 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Gotham Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Gotham |
Sharpe Ratio = 0.197
| Best Portfolio | Best Equity | |||
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| Cash | GINDX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Gotham Index is performing at about 15% 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 Gotham Index by adding it to a well-diversified portfolio.
Gotham Index Valuation on May 31, 2024
It is possible to determine the worth of Gotham Index on a given historical date. On May 31, 2024 Gotham was worth 25.27 at the beginning of the trading date compared to the closed value of 25.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gotham Index mutual fund. Still, in general, we apply an absolute valuation method to find Gotham Index'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 Gotham Index where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gotham Index's related companies.
| Open | High | Low | Close | Volume | |
| 25.07 | 25.07 | 25.07 | 25.07 | 1.00 | |
05/31/2024 | 25.27 | 25.27 | 25.27 | 25.27 | 1.00 |
| 25.14 | 25.14 | 25.14 | 25.14 | 1.00 |
| Backtest Gotham Index | | | Gotham Index History | | | Gotham Index Valuation | Previous | Next |
Gotham Index Trading Date Momentum on May 31, 2024
| On June 03 2024 Gotham Index Plus was traded for 25.14 at the closing time. The highest daily price throughout the period was 25.14 and the lowest price was 25.14 . There was no trading activity during the period 1.0. Lack of trading volume on 06/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.51% . The overall trading delta to current closing price is 1.07% . |
Gotham Index Plus Fundamentals Correlations and Trends
By evaluating Gotham Index'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 Gotham Index's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gotham financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gotham Index Mutual Fund history
Gotham Index 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 Gotham is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gotham Index Plus 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 Gotham Index stock prices may prove useful in developing a viable investing in Gotham Index
The fund invests in long and short positions of equity and equity-related securities. The Adviser will invest a portion of the assets in securities intended to track the performance of the SP 500 Index and additional exposure to a longshort portfolio, consisting of long and short positions, generally selected from the largest 500 to 700 U.S. companies by market capitalization. The fund is not a passive index fund, but instead utilizes an enhanced index or index plus strategy.
Gotham Index Mutual Fund Technical Analysis
Gotham Index 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
Gotham Index Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Gotham Index Plus 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.
Gotham Index December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Gotham Index 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 Gotham Index shares will generate the highest return on investment. By undertsting and applying Gotham Index mutual fund market strength indicators, traders can identify Gotham Index Plus entry and exit signals to maximize returns
Gotham Index Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gotham Index's price direction in advance. Along with the technical and fundamental analysis of Gotham Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gotham 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 | 0.1213 | |||
| Jensen Alpha | 0.0081 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1371 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Gotham Mutual Fund
Gotham Index financial ratios help investors to determine whether Gotham 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 Gotham with respect to the benefits of owning Gotham Index security.
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