James Alpha Global Fund Price on November 8, 2024
| JARIX Fund | USD 14.74 0.14 0.96% |
Below is the normalized historical share price chart for James Alpha Global extending back to August 01, 2011. 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 James Alpha stands at 14.74, as last reported on the 25th of November, with the highest price reaching 14.74 and the lowest price hitting 14.74 during the day.
If you're considering investing in James Mutual Fund, it is important to understand the factors that can impact its price. James Alpha Global holds Efficiency (Sharpe) Ratio of -0.0966, which attests that the entity had a -0.0966% return per unit of risk over the last 3 months. James Alpha Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out James Alpha's Standard Deviation of 0.7148, market risk adjusted performance of (0.13), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
James Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
James |
Sharpe Ratio = -0.0966
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JARIX |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average James Alpha 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 James Alpha by adding James Alpha to a well-diversified portfolio.
James Alpha Valuation on November 8, 2024
It is possible to determine the worth of James Alpha on a given historical date. On November 8, 2024 James was worth 14.88 at the beginning of the trading date compared to the closed value of 14.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of James Alpha mutual fund. Still, in general, we apply an absolute valuation method to find James Alpha'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 James Alpha where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against James Alpha's related companies.
| Open | High | Low | Close | Volume | |
| 14.86 | 14.86 | 14.86 | 14.86 | 1.00 | |
11/08/2024 | 14.88 | 14.88 | 14.88 | 14.88 | 1.00 |
| 14.89 | 14.89 | 14.89 | 14.89 | 1.00 |
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James Alpha Trading Date Momentum on November 8, 2024
| On November 11 2024 James Alpha Global 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 11/11/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.07% . The trading delta at closing time to current closing price is 2.22% . |
James Alpha Global Fundamentals Correlations and Trends
By evaluating James Alpha'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 James Alpha's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. James financial account trend analysis is a perfect complement when working with valuation or volatility modules.About James Alpha Mutual Fund history
James Alpha 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 James is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in James Alpha Global 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 James Alpha stock prices may prove useful in developing a viable investing in James Alpha
Under normal circumstances, the fund invests at least 80 percent of its net assets in real estate and real estate-related issuers or investments that provide exposure to real estate and real estate-related issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. Under normal circumstances, it invests at least 40 percent of its net assets in the securities of issuers located in at least three foreign countries.
James Alpha Mutual Fund Technical Analysis
James Alpha 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
James Alpha Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
James Alpha Global 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.
James Alpha November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how James Alpha 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 James Alpha shares will generate the highest return on investment. By undertsting and applying James Alpha mutual fund market strength indicators, traders can identify James Alpha Global entry and exit signals to maximize returns
James Alpha Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for James Alpha's price direction in advance. Along with the technical and fundamental analysis of James Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of James 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 | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.14) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in James Mutual Fund
James Alpha financial ratios help investors to determine whether James 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 James with respect to the benefits of owning James Alpha security.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |