Kayne Anderson Renewable Fund Price on November 13, 2024
| KARRX Fund | USD 9.83 0.09 0.91% |
If you're considering investing in Kayne Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Kayne Anderson stands at 9.83, as last reported on the 2nd of December, with the highest price reaching 9.83 and the lowest price hitting 9.83 during the day. At this stage we consider Kayne Mutual Fund to be very steady. Kayne Anderson Renewable has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Kayne Anderson, which you can use to evaluate the volatility of the fund. Please verify Kayne Anderson's Downside Deviation of 0.8041, mean deviation of 0.5985, and Risk Adjusted Performance of 0.1348 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Kayne Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Kayne |
Sharpe Ratio = 0.1788
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Kayne Anderson is performing at about 14% 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 Kayne Anderson by adding it to a well-diversified portfolio.
Kayne Anderson Valuation on November 13, 2024
It is possible to determine the worth of Kayne Anderson on a given historical date. On November 13, 2024 Kayne was worth 9.5 at the beginning of the trading date compared to the closed value of 9.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kayne Anderson mutual fund. Still, in general, we apply an absolute valuation method to find Kayne Anderson'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 Kayne Anderson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kayne Anderson's related companies.
| Open | High | Low | Close | Volume | |
| 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
11/13/2024 | 9.50 | 9.50 | 9.50 | 9.50 | 1.00 |
| 9.53 | 9.53 | 9.53 | 9.53 | 1.00 |
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Kayne Anderson Trading Date Momentum on November 13, 2024
| On November 14 2024 Kayne Anderson Renewable was traded for 9.53 at the closing time. The highest daily price throughout the period was 9.53 and the lowest price was 9.53 . There was no trading activity during the period 1.0. Lack of trading volume on 11/14/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.32% . The trading delta at closing time to current closing price is 3.05% . |
Kayne Anderson Renewable Fundamentals Correlations and Trends
By evaluating Kayne Anderson'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 Kayne Anderson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kayne financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kayne Anderson Mutual Fund history
Kayne Anderson 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 Kayne is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kayne Anderson Renewable 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 Kayne Anderson stock prices may prove useful in developing a viable investing in Kayne Anderson
The fund, under normal market conditions, invests at least 80 percent of its net assets in a portfolio of renewable infrastructure companies that are involved in business activities related to renewable energy production, storage and transmission. Its investments in renewable infrastructure companies will typically be in the form of common stocks, but may also include preferred stocks. The fund may also invest in shares of companies through new issues or initial public offerings. It is non-diversified.
Kayne Anderson Mutual Fund Technical Analysis
Kayne Anderson 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
Kayne Anderson Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Kayne Anderson Renewable 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.
Kayne Anderson December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Kayne Anderson 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 Kayne Anderson shares will generate the highest return on investment. By undertsting and applying Kayne Anderson mutual fund market strength indicators, traders can identify Kayne Anderson Renewable entry and exit signals to maximize returns
Kayne Anderson Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kayne Anderson's price direction in advance. Along with the technical and fundamental analysis of Kayne Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kayne 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 | 0.1348 | |||
| Jensen Alpha | 0.0986 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.6679 |
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Other Information on Investing in Kayne Mutual Fund
Kayne Anderson financial ratios help investors to determine whether Kayne 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 Kayne with respect to the benefits of owning Kayne Anderson security.
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