Guinness Atkinson China Fund Price on September 19, 2024
| ICHKX Fund | USD 12.68 0.37 2.84% |
Below is the normalized historical share price chart for Guinness Atkinson China extending back to January 11, 1995. 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 Guinness Atkinson stands at 12.68, as last reported on the 24th of November, with the highest price reaching 12.68 and the lowest price hitting 12.68 during the day.
If you're considering investing in Guinness Mutual Fund, it is important to understand the factors that can impact its price. Guinness Atkinson appears to be not too volatile, given 3 months investment horizon. Guinness Atkinson China holds Efficiency (Sharpe) Ratio of 0.0913, which attests that the entity had a 0.0913% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Guinness Atkinson China, which you can use to evaluate the volatility of the entity. Please utilize Guinness Atkinson's Market Risk Adjusted Performance of 1.34, downside deviation of 2.18, and Risk Adjusted Performance of 0.0855 to validate if our risk estimates are consistent with your expectations.
Guinness Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Guinness |
Sharpe Ratio = 0.0913
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ICHKX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Guinness Atkinson is performing at about 7% 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 Guinness Atkinson by adding it to a well-diversified portfolio.
Guinness Atkinson Valuation on September 19, 2024
It is possible to determine the worth of Guinness Atkinson on a given historical date. On September 19, 2024 Guinness was worth 11.41 at the beginning of the trading date compared to the closed value of 11.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guinness Atkinson mutual fund. Still, in general, we apply an absolute valuation method to find Guinness Atkinson'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 Guinness Atkinson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guinness Atkinson's related companies.
| Open | High | Low | Close | Volume | |
| 11.05 | 11.05 | 11.05 | 11.05 | 1.00 | |
09/19/2024 | 11.41 | 11.41 | 11.41 | 11.41 | 1.00 |
| 11.54 | 11.54 | 11.54 | 11.54 | 1.00 |
| Backtest Guinness Atkinson | | | Guinness Atkinson History | | | Guinness Atkinson Valuation | Previous | Next |
Guinness Atkinson Trading Date Momentum on September 19, 2024
| On September 20 2024 Guinness Atkinson China was traded for 11.54 at the closing time. The highest daily price throughout the period was 11.54 and the lowest price was 11.54 . There was no trading activity during the period 1.0. Lack of trading volume on 09/20/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.14% . The overall trading delta to current closing price is 24.98% . |
Guinness Atkinson China Fundamentals Correlations and Trends
By evaluating Guinness Atkinson'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 Guinness Atkinson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guinness financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guinness Atkinson Mutual Fund history
Guinness Atkinson 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 Guinness is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guinness Atkinson China 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 Guinness Atkinson stock prices may prove useful in developing a viable investing in Guinness Atkinson
The fund invests at least 80 percent of its net assets in publicly-traded equity securities of companies that are either primarily traded on the China or Hong Kong exchanges or that derive at least 50 percent of their revenues from business activities in China andor Hong Kong, but which may be listed and traded elsewhere. The fund will invest in companies with a minimum market capitalization of 500 million, including companies in emerging markets.
Guinness Atkinson Mutual Fund Technical Analysis
Guinness Atkinson 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
Guinness Atkinson Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Guinness Atkinson China 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.
Guinness Atkinson November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Guinness Atkinson 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 Guinness Atkinson shares will generate the highest return on investment. By undertsting and applying Guinness Atkinson mutual fund market strength indicators, traders can identify Guinness Atkinson China entry and exit signals to maximize returns
Guinness Atkinson Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guinness Atkinson's price direction in advance. Along with the technical and fundamental analysis of Guinness Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guinness 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 | 0.0855 | |||
| Jensen Alpha | 0.2069 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0491 | |||
| Treynor Ratio | 1.33 |
| 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 Guinness Mutual Fund
Guinness Atkinson financial ratios help investors to determine whether Guinness 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 Guinness with respect to the benefits of owning Guinness Atkinson security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |