Alphacentric Income Opportunities Fund Price on November 19, 2024
| IOFAX Fund | USD 7.50 0.01 0.13% |
Below is the normalized historical share price chart for Alphacentric Income Opportunities extending back to May 28, 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 Alphacentric Income stands at 7.50, as last reported on the 24th of November, with the highest price reaching 7.50 and the lowest price hitting 7.50 during the day.
If you're considering investing in Alphacentric Mutual Fund, it is important to understand the factors that can impact its price. Alphacentric Income secures Sharpe Ratio (or Efficiency) of -0.0561, which signifies that the fund had a -0.0561% return per unit of risk over the last 3 months. Alphacentric Income Opportunities exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alphacentric Income's Mean Deviation of 0.2079, standard deviation of 0.2882, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Alphacentric Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alphacentric |
Sharpe Ratio = -0.0561
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| Negative Returns | IOFAX |
Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alphacentric Income 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 Alphacentric Income by adding Alphacentric Income to a well-diversified portfolio.
Alphacentric Income Valuation on November 19, 2024
It is possible to determine the worth of Alphacentric Income on a given historical date. On November 19, 2024 Alphacentric was worth 7.5 at the beginning of the trading date compared to the closed value of 7.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alphacentric Income mutual fund. Still, in general, we apply an absolute valuation method to find Alphacentric Income'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 Alphacentric Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alphacentric Income's related companies.
| Open | High | Low | Close | Volume | |
| 7.48 | 7.48 | 7.48 | 7.48 | 1.00 | |
11/19/2024 | 7.50 | 7.50 | 7.50 | 7.50 | 1.00 |
| 7.50 | 7.50 | 7.50 | 7.50 | 1.00 |
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Alphacentric Income Trading Date Momentum on November 19, 2024
| On November 20 2024 Alphacentric Income Opportunities was traded for 7.50 at the closing time. The highest daily price throughout the period was 7.50 and the lowest price was 7.50 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Alphacentric Income Fundamentals Correlations and Trends
By evaluating Alphacentric Income'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 Alphacentric Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alphacentric financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alphacentric Income Mutual Fund history
Alphacentric Income 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 Alphacentric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alphacentric 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 Alphacentric Income stock prices may prove useful in developing a viable investing in Alphacentric Income
The fund seeks to achieve its investment objective by primarily investing in asset-backed fixed income securities, such as securities backed by credit card receivables, automobiles, aircraft, student loans, equipment leases, and agency and non-agency residential and commercial mortgages. Asset-backed securities in which the fund may invest also include collateralized debt obligations , collateralized loan obligations and privately-offered collateralized loans.
Alphacentric Income Mutual Fund Technical Analysis
Alphacentric Income 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
Alphacentric Income Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Alphacentric Income Opportunities 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.
Alphacentric Income November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Alphacentric Income 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 Alphacentric Income shares will generate the highest return on investment. By undertsting and applying Alphacentric Income mutual fund market strength indicators, traders can identify Alphacentric Income Opportunities entry and exit signals to maximize returns
Alphacentric Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alphacentric Income's price direction in advance. Along with the technical and fundamental analysis of Alphacentric Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alphacentric 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 | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 3.55 |
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Other Information on Investing in Alphacentric Mutual Fund
Alphacentric Income financial ratios help investors to determine whether Alphacentric 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 Alphacentric with respect to the benefits of owning Alphacentric Income security.
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