Government Street Equity Fund Price on July 12, 2023
| GVEQX Fund | USD 128.92 2.00 1.58% |
Below is the normalized historical share price chart for Government Street Equity extending back to September 20, 1993. 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 Government Street stands at 128.92, as last reported on the 5th of January, with the highest price reaching 128.92 and the lowest price hitting 128.92 during the day.
If you're considering investing in Government Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Government Mutual Fund to be very steady. Government Street Equity holds Efficiency (Sharpe) Ratio of 0.0785, which attests that the entity had a 0.0785% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Government Street Equity, which you can use to evaluate the volatility of the entity. Please check out Government Street's Market Risk Adjusted Performance of 0.2963, risk adjusted performance of 0.0722, and Downside Deviation of 0.8145 to validate if the risk estimate we provide is consistent with the expected return of 0.0646%.
Government Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Government |
Sharpe Ratio = 0.0785
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| Cash | GVEQX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Government Street is performing at about 6% 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 Government Street by adding it to a well-diversified portfolio.
Government Street Valuation on July 12, 2023
It is possible to determine the worth of Government Street on a given historical date. On July 12, 2023 Government was worth 95.85 at the beginning of the trading date compared to the closed value of 95.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Government Street mutual fund. Still, in general, we apply an absolute valuation method to find Government Street'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 Government Street where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Government Street's related companies.
| Open | High | Low | Close | Volume | |
| 95.05 | 95.05 | 95.05 | 95.05 | 1.00 | |
07/12/2023 | 95.85 | 95.85 | 95.85 | 95.85 | 1.00 |
| 96.89 | 96.89 | 96.89 | 96.89 | 1.00 |
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Government Street Trading Date Momentum on July 12, 2023
| On July 13 2023 Government Street Equity was traded for 96.89 at the closing time. The highest daily price throughout the period was 96.89 and the lowest price was 96.89 . There was no trading activity during the period 1.0. Lack of trading volume on 07/13/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.09% . The overall trading delta to current closing price is 1.86% . |
Government Street Equity Fundamentals Correlations and Trends
By evaluating Government Street'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 Government Street's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Government financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Government Street Mutual Fund history
Government Street 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 Government is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Government Street Equity 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 Government Street stock prices may prove useful in developing a viable investing in Government Street
The fund invests at least 80 percent of its net assets in common stocks and shares of ETFs that invest primarily in common stocks. Its portfolio will generally consist of securities whose market capitalizations fall within the range of the market capitalizations of the SP 500 Index.
Government Street Mutual Fund Technical Analysis
Government Street 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
Government Street Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Government Street Equity 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.
Government Street January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Government Street 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 Government Street shares will generate the highest return on investment. By undertsting and applying Government Street mutual fund market strength indicators, traders can identify Government Street Equity entry and exit signals to maximize returns
Government Street Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Government Street's price direction in advance. Along with the technical and fundamental analysis of Government Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Government 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 | 0.0722 | |||
| Jensen Alpha | 0.0596 | |||
| Total Risk Alpha | 0.0499 | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | 0.2863 |
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| Volume Indicators |
Other Information on Investing in Government Mutual Fund
Government Street financial ratios help investors to determine whether Government 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 Government with respect to the benefits of owning Government Street security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
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