Ultimus Managers Trust Fund Price on August 23, 2023
| INVTX Fund | USD 22.51 0.36 1.63% |
If you're considering investing in Ultimus Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Ultimus Managers stands at 22.51, as last reported on the 11th of December 2024, with the highest price reaching 22.51 and the lowest price hitting 22.51 during the day. Ultimus Managers appears to be very steady, given 3 months investment horizon. Ultimus Managers Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ultimus Managers Trust, which you can use to evaluate the volatility of the fund. Please review Ultimus Managers' Semi Deviation of 0.7542, coefficient of variation of 386.7, and Risk Adjusted Performance of 0.1901 to confirm if our risk estimates are consistent with your expectations.
Ultimus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultimus |
Sharpe Ratio = 0.2204
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Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Ultimus Managers is performing at about 17% 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 Ultimus Managers by adding it to a well-diversified portfolio.
Ultimus Managers Valuation on August 23, 2023
It is possible to determine the worth of Ultimus Managers on a given historical date. On August 23, 2023 Ultimus was worth 15.22 at the beginning of the trading date compared to the closed value of 15.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultimus Managers mutual fund. Still, in general, we apply an absolute valuation method to find Ultimus Managers' 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 Ultimus Managers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultimus Managers' related companies.
| Open | High | Low | Close | Volume | |
| 15.04 | 15.04 | 15.04 | 15.04 | 1.00 | |
08/23/2023 | 15.22 | 15.22 | 15.22 | 15.22 | 1.00 |
| 14.89 | 14.89 | 14.89 | 14.89 | 1.00 |
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Ultimus Managers Trading Date Momentum on August 23, 2023
| On August 24 2023 Ultimus Managers Trust was traded for 14.89 at the closing time. The highest daily price throughout the period was 14.89 and the lowest price was 14.89 . There was no trading activity during the period 1.0. Lack of trading volume on 08/24/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.17% . The trading price change to current closing price is 4.27% . |
About Ultimus Managers Mutual Fund history
Ultimus Managers 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 Ultimus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultimus Managers Trust 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 Ultimus Managers stock prices may prove useful in developing a viable investing in Ultimus Managers
The fund seeks to achieve its investment objective by investing principally in 25-35 growth-oriented equity securities, including domestic securities and foreign securities trading as American Depository Receipts . The Adviser selects leading innovative businesses that benefit from various types of innovation, including new products, new services, and innovative business models, for inclusion in the funds portfolio. It is non-diversified.
Ultimus Managers Mutual Fund Technical Analysis
Ultimus Managers 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
Ultimus Managers Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ultimus Managers Trust 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.
Ultimus Managers December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultimus Managers 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 Ultimus Managers shares will generate the highest return on investment. By undertsting and applying Ultimus Managers mutual fund market strength indicators, traders can identify Ultimus Managers Trust entry and exit signals to maximize returns
Ultimus Managers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultimus Managers' price direction in advance. Along with the technical and fundamental analysis of Ultimus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultimus 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 | 0.1901 | |||
| Jensen Alpha | 0.2524 | |||
| Total Risk Alpha | 0.0983 | |||
| Sortino Ratio | 0.1366 | |||
| Treynor Ratio | 1.78 |
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| Volume Indicators |
Other Information on Investing in Ultimus Mutual Fund
Ultimus Managers financial ratios help investors to determine whether Ultimus 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 Ultimus with respect to the benefits of owning Ultimus Managers security.
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