Alphacentric Global Innovations Fund Price on May 10, 2023
| GNXAX Fund | USD 13.68 0.49 3.71% |
Below is the normalized historical share price chart for Alphacentric Global Innovations extending back to May 31, 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 Alphacentric Global stands at 13.68, as last reported on the 30th of November, with the highest price reaching 13.68 and the lowest price hitting 13.68 during the day.
If you're considering investing in Alphacentric Mutual Fund, it is important to understand the factors that can impact its price. Alphacentric Global appears to be very steady, given 3 months investment horizon. Alphacentric Global secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Alphacentric Global Innovations, which you can use to evaluate the volatility of the entity. Please makes use of Alphacentric Global's Mean Deviation of 1.15, downside deviation of 1.39, and Risk Adjusted Performance of 0.1202 to double-check if our risk estimates are consistent with your expectations.
Alphacentric Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alphacentric |
Sharpe Ratio = 0.1934
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GNXAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Alphacentric Global 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 Alphacentric Global by adding it to a well-diversified portfolio.
Alphacentric Global Valuation on May 10, 2023
It is possible to determine the worth of Alphacentric Global on a given historical date. On May 10, 2023 Alphacentric was worth 11.7 at the beginning of the trading date compared to the closed value of 11.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alphacentric Global mutual fund. Still, in general, we apply an absolute valuation method to find Alphacentric Global'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 Alphacentric Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alphacentric Global's related companies.
| Open | High | Low | Close | Volume | |
| 11.62 | 11.62 | 11.62 | 11.62 | 1.00 | |
05/10/2023 | 11.70 | 11.70 | 11.70 | 11.70 | 1.00 |
| 11.59 | 11.59 | 11.59 | 11.59 | 1.00 |
| Backtest Alphacentric Global | | | Alphacentric Global History | | | Alphacentric Global Valuation | Previous | Next |
Alphacentric Global Trading Date Momentum on May 10, 2023
| On May 11 2023 Alphacentric Global Innovations was traded for 11.59 at the closing time. The highest daily price throughout the period was 11.59 and the lowest price was 11.59 . There was no trading activity during the period 1.0. Lack of trading volume on 05/11/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.94% . The overall trading delta to current closing price is 3.93% . |
Alphacentric Global Fundamentals Correlations and Trends
By evaluating Alphacentric Global'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 Alphacentric Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alphacentric financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alphacentric Global Mutual Fund history
Alphacentric Global 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 Alphacentric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alphacentric Global 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 Alphacentric Global stock prices may prove useful in developing a viable investing in Alphacentric Global
The fund seeks to achieve its investment objective by investing in a portfolio of U.S. and foreign common stock of companies involved in innovative and breakthrough technologies across multiple sectors. Under normal market conditions, the fund invests at least 80 percent of its net assets plus any borrowings for investment purposes in companies involved in robotics-related andor automation-related products andor services.
Alphacentric Global Mutual Fund Technical Analysis
Alphacentric Global 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
Alphacentric Global Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Alphacentric Global Innovations 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.
Alphacentric Global November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Alphacentric Global 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 Alphacentric Global shares will generate the highest return on investment. By undertsting and applying Alphacentric Global mutual fund market strength indicators, traders can identify Alphacentric Global Innovations entry and exit signals to maximize returns
Alphacentric Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alphacentric Global's price direction in advance. Along with the technical and fundamental analysis of Alphacentric Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alphacentric 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 | 0.1202 | |||
| Jensen Alpha | 0.0923 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0668 | |||
| Treynor Ratio | 0.2194 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Alphacentric Mutual Fund
Alphacentric Global financial ratios help investors to determine whether Alphacentric 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 Alphacentric with respect to the benefits of owning Alphacentric Global security.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |