Global Healthcare Income Fund Price on October 29, 2024
| HIG Fund | CAD 8.19 0.08 0.99% |
Below is the normalized historical share price chart for Global Healthcare Income extending back to September 24, 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 Global Healthcare stands at 8.19, as last reported on the 27th of November, with the highest price reaching 8.19 and the lowest price hitting 8.19 during the day.
If you're considering investing in Global Fund, it is important to understand the factors that can impact its price. Global Healthcare Income holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Global Healthcare Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Healthcare's Market Risk Adjusted Performance of (0.35), risk adjusted performance of (0.07), and Standard Deviation of 0.9329 to validate the risk estimate we provide.
Global Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.1156
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HIG |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Healthcare 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 Global Healthcare by adding Global Healthcare to a well-diversified portfolio.
Market Capitalization 48.7 M |
Global Healthcare Valuation on October 29, 2024
It is possible to determine the worth of Global Healthcare on a given historical date. On October 29, 2024 Global was worth 8.29 at the beginning of the trading date compared to the closed value of 8.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Healthcare fund. Still, in general, we apply an absolute valuation method to find Global Healthcare'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 Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 8.27 | 8.27 | 8.27 | 8.27 | 1.00 | |
10/29/2024 | 8.29 | 8.29 | 8.29 | 8.29 | 1.00 |
| 8.22 | 8.24 | 8.18 | 8.24 | 11,550 |
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Global Healthcare Trading Date Momentum on October 29, 2024
| On October 30 2024 Global Healthcare Income was traded for 8.24 at the closing time. The maximum traded price for the trading interval was 8.24 and the lowest daily price was 8.18 . The daily volume was recorded at 11.6 K. The volume of trading on 30th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.60% . The overall trading delta to the closing price today is 0.72% . |
Global Healthcare Income Fundamentals Correlations and Trends
By evaluating Global Healthcare'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 Healthcare'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 Healthcare Fund history
Global Healthcare 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 Healthcare Income 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 Healthcare stock prices may prove useful in developing a viable investing in Global Healthcare
The investment objectives of HIG are to provide holders of Units of HIG with stable monthly cash distributions the opportunity for capital appreciation and lower overall volatility of portfolio returns than would otherwise be experienced by owning securities of Healthcare Companies directly. BROMPTON GLOBAL is traded on Toronto Stock Exchange in Canada.
Global Healthcare Fund Technical Analysis
Global Healthcare technical 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 Healthcare Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Global Healthcare Income cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 Healthcare November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Healthcare 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 Healthcare shares will generate the highest return on investment. By undertsting and applying Global Healthcare fund market strength indicators, traders can identify Global Healthcare Income entry and exit signals to maximize returns
Global Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Healthcare's price direction in advance. Along with the technical and fundamental analysis of Global 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 | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.36) |
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| Volume Indicators |
Other Information on Investing in Global Fund
Global Healthcare financial ratios help investors to determine whether Global 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 Healthcare security.
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