Grandeur Peak Emerging Fund Price on April 1, 2024
GPEIX Fund | USD 12.20 0.06 0.49% |
If you're considering investing in Grandeur Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Grandeur Peak stands at 12.20, as last reported on the 1st of December, with the highest price reaching 12.20 and the lowest price hitting 12.20 during the day. Grandeur Peak Emerging holds Efficiency (Sharpe) Ratio of -0.0778, which attests that the entity had a -0.0778% return per unit of standard deviation over the last 3 months. Grandeur Peak Emerging exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grandeur Peak's market risk adjusted performance of (0.69), and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
Grandeur Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Grandeur |
Sharpe Ratio = -0.0778
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Estimated Market Risk
0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.05 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 Grandeur Peak 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 Grandeur Peak by adding Grandeur Peak to a well-diversified portfolio.
Grandeur Peak Valuation on April 1, 2024
It is possible to determine the worth of Grandeur Peak on a given historical date. On April 1, 2024 Grandeur was worth 12.88 at the beginning of the trading date compared to the closed value of 12.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grandeur Peak mutual fund. Still, in general, we apply an absolute valuation method to find Grandeur Peak'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 Grandeur Peak where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grandeur Peak's related companies.
Open | High | Low | Close | Volume | |
12.86 | 12.86 | 12.86 | 12.86 | 1.00 | |
04/01/2024 | 12.88 | 12.88 | 12.88 | 12.88 | 1.00 |
12.86 | 12.86 | 12.86 | 12.86 | 1.00 |
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Grandeur Peak Trading Date Momentum on April 1, 2024
On April 02 2024 Grandeur Peak Emerging was traded for 12.86 at the closing time. The highest daily price throughout the period was 12.86 and the lowest price was 12.86 . There was no trading activity during the period 1.0. Lack of trading volume on 04/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.16% . The overall trading delta to current closing price is 0.62% . |
Grandeur Peak Emerging Fundamentals Correlations and Trends
By evaluating Grandeur Peak'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 Grandeur Peak's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grandeur financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grandeur Peak Mutual Fund history
Grandeur Peak 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 Grandeur is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grandeur Peak Emerging 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 Grandeur Peak stock prices may prove useful in developing a viable investing in Grandeur Peak
Grandeur Peak Mutual Fund Technical Analysis
Grandeur Peak 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
Grandeur Peak Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Grandeur Peak Emerging 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.
Grandeur Peak December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Grandeur Peak 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 Grandeur Peak shares will generate the highest return on investment. By undertsting and applying Grandeur Peak mutual fund market strength indicators, traders can identify Grandeur Peak Emerging entry and exit signals to maximize returns
Grandeur Peak Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grandeur Peak's price direction in advance. Along with the technical and fundamental analysis of Grandeur Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grandeur 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 | (0.06) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (0.70) |
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Other Information on Investing in Grandeur Mutual Fund
Grandeur Peak financial ratios help investors to determine whether Grandeur 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 Grandeur with respect to the benefits of owning Grandeur Peak security.
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