Kinetics Paradigm Fund Price on October 7, 2024
| KNPAX Fund | USD 184.29 18.25 10.99% |
Below is the normalized historical share price chart for Kinetics Paradigm Fund extending back to April 30, 2001. 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 Kinetics Paradigm stands at 184.29, as last reported on the 24th of November, with the highest price reaching 184.29 and the lowest price hitting 184.29 during the day.
If you're considering investing in Kinetics Mutual Fund, it is important to understand the factors that can impact its price. Kinetics Paradigm appears to be very steady, given 3 months investment horizon. Kinetics Paradigm has Sharpe Ratio of 0.42, which conveys that the entity had a 0.42% return per unit of risk over the last 3 months. By analyzing Kinetics Paradigm's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please exercise Kinetics Paradigm's Risk Adjusted Performance of 0.3433, downside deviation of 1.73, and Mean Deviation of 1.42 to check out if our risk estimates are consistent with your expectations.
Kinetics Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Kinetics |
Sharpe Ratio = 0.4236
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Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.42 actual daily | 33 67% of assets perform better |
Based on monthly moving average Kinetics Paradigm is performing at about 33% 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 Kinetics Paradigm by adding it to a well-diversified portfolio.
Kinetics Paradigm Valuation on October 7, 2024
It is possible to determine the worth of Kinetics Paradigm on a given historical date. On October 7, 2024 Kinetics was worth 114.9 at the beginning of the trading date compared to the closed value of 114.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kinetics Paradigm mutual fund. Still, in general, we apply an absolute valuation method to find Kinetics Paradigm'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 Kinetics Paradigm where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kinetics Paradigm's related companies.
| Open | High | Low | Close | Volume | |
| 114.55 | 114.55 | 114.55 | 114.55 | 1.00 | |
10/07/2024 | 114.90 | 114.90 | 114.90 | 114.90 | 1.00 |
| 113.60 | 113.60 | 113.60 | 113.60 | 1.00 |
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Kinetics Paradigm Trading Date Momentum on October 7, 2024
| On October 08 2024 Kinetics Paradigm Fund was traded for 113.60 at the closing time. The highest daily price throughout the period was 113.60 and the lowest price was 113.60 . There was no trading activity during the period 1.0. Lack of trading volume on 10/08/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.13% . The trading delta at closing time to current closing price is 7.34% . |
Kinetics Paradigm Fundamentals Correlations and Trends
By evaluating Kinetics Paradigm'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 Kinetics Paradigm's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kinetics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kinetics Paradigm Mutual Fund history
Kinetics Paradigm 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 Kinetics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kinetics Paradigm 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 Kinetics Paradigm stock prices may prove useful in developing a viable investing in Kinetics Paradigm
The fund is a non-diversified fund that invests all of its investable assets in the Paradigm Portfolio, a series of Kinetics Portfolios Trust. The Paradigm Portfolio invests at least 65 percent of its net assets in common stocks, ETFs, convertible securities, warrants, and other equity securities having the characteristics of common stocks , Global Depositary Receipts and International Depositary Receipts of U.S. and foreign companies that the Investment Adviser believes are undervalued. The fund is non-diversified.
Kinetics Paradigm Mutual Fund Technical Analysis
Kinetics Paradigm 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
Kinetics Paradigm Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Kinetics Paradigm Fund 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.
Kinetics Paradigm November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Kinetics Paradigm 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 Kinetics Paradigm shares will generate the highest return on investment. By undertsting and applying Kinetics Paradigm mutual fund market strength indicators, traders can identify Kinetics Paradigm Fund entry and exit signals to maximize returns
Kinetics Paradigm Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kinetics Paradigm's price direction in advance. Along with the technical and fundamental analysis of Kinetics Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kinetics 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 | 0.3433 | |||
| Jensen Alpha | 0.7617 | |||
| Total Risk Alpha | 0.5984 | |||
| Sortino Ratio | 0.4734 | |||
| Treynor Ratio | 0.6411 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Kinetics Mutual Fund
Kinetics Paradigm financial ratios help investors to determine whether Kinetics 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 Kinetics with respect to the benefits of owning Kinetics Paradigm security.
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