Kinetics Spin Off And Fund Price on October 31, 2024
| LSHEX Fund | USD 48.08 2.66 5.24% |
Below is the normalized historical share price chart for Kinetics Spin Off And extending back to December 12, 2017. 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 Spin-off stands at 48.08, as last reported on the 26th of November, with the highest price reaching 48.08 and the lowest price hitting 48.08 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 Spin-off appears to be very steady, given 3 months investment horizon. Kinetics Spin Off has Sharpe Ratio of 0.35, which conveys that the entity had a 0.35% return per unit of risk over the last 3 months. By analyzing Kinetics Spin-off's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise Kinetics Spin-off's Risk Adjusted Performance of 0.3293, mean deviation of 1.41, and Downside Deviation of 1.79 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 = 0.3495
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LSHEX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average Kinetics Spin-off is performing at about 27% 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 Spin-off by adding it to a well-diversified portfolio.
Kinetics Spin-off Valuation on October 31, 2024
It is possible to determine the worth of Kinetics Spin-off on a given historical date. On October 31, 2024 Kinetics was worth 36.96 at the beginning of the trading date compared to the closed value of 36.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kinetics Spin-off mutual fund. Still, in general, we apply an absolute valuation method to find Kinetics Spin-off'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 Spin-off where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kinetics Spin-off's related companies.
| Open | High | Low | Close | Volume | |
| 36.73 | 36.73 | 36.73 | 36.73 | 1.00 | |
10/31/2024 | 36.96 | 36.96 | 36.96 | 36.96 | 1.00 |
| 37.14 | 37.14 | 37.14 | 37.14 | 1.00 |
| Backtest Kinetics Spin-off | | | Kinetics Spin-off History | | | Kinetics Spin-off Valuation | Previous | Next |
Kinetics Spin-off Trading Date Momentum on October 31, 2024
| On November 01 2024 Kinetics Spin Off And was traded for 37.14 at the closing time. The highest daily price throughout the period was 37.14 and the lowest price was 37.14 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.49% . The trading delta at closing time to current closing price is 16.59% . |
Kinetics Spin Off Fundamentals Correlations and Trends
By evaluating Kinetics Spin-off'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 Spin-off'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 Spin-off Mutual Fund history
Kinetics Spin-off 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 Spin Off 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 Spin-off stock prices may prove useful in developing a viable investing in Kinetics Spin-off
The fund will pursue its investment objective by investing at least 80 percent of its net assets in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, parents of any such companies, and publicly traded shareholder activist holding companies which, by way of their shareholder ownership in other companies, have caused such other companies to undergo spin-offs and other forms of corporate restructurings. It may invest in any size company, including small- and medium-sized companies. The fund is non-diversified.
Kinetics Spin-off Mutual Fund Technical Analysis
Kinetics Spin-off 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 Spin-off Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Kinetics Spin Off And 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 Spin-off November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Kinetics Spin-off 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 Spin-off shares will generate the highest return on investment. By undertsting and applying Kinetics Spin-off mutual fund market strength indicators, traders can identify Kinetics Spin Off And entry and exit signals to maximize returns
Kinetics Spin-off Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kinetics Spin-off'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 | 0.3293 | |||
| Jensen Alpha | 0.7349 | |||
| Total Risk Alpha | 0.5595 | |||
| Sortino Ratio | 0.4359 | |||
| Treynor Ratio | 0.6588 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Kinetics Mutual Fund
Kinetics Spin-off 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 Spin-off security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |