Alphacentric Lifesci Healthcare Fund Price on December 2, 2024
LYFCX Fund | USD 13.05 0.07 0.53% |
If you're considering investing in Alphacentric Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Alphacentric Lifesci stands at 13.05, as last reported on the 11th of December 2024, with the highest price reaching 13.05 and the lowest price hitting 13.05 during the day. Alphacentric Lifesci secures Sharpe Ratio (or Efficiency) of -0.0817, which signifies that the fund had a -0.0817% return per unit of risk over the last 3 months. Alphacentric Lifesci Healthcare exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alphacentric Lifesci's Risk Adjusted Performance of (0.06), mean deviation of 0.6196, and Standard Deviation of 0.7988 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 = -0.0817
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Estimated Market Risk
0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alphacentric Lifesci 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 Lifesci by adding Alphacentric Lifesci to a well-diversified portfolio.
Alphacentric Lifesci Valuation on December 2, 2024
It is possible to determine the worth of Alphacentric Lifesci on a given historical date. On December 2, 2024 Alphacentric was worth 13.32 at the beginning of the trading date compared to the closed value of 13.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alphacentric Lifesci mutual fund. Still, in general, we apply an absolute valuation method to find Alphacentric Lifesci'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 Lifesci where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alphacentric Lifesci's related companies.
Open | High | Low | Close | Volume | |
13.35 | 13.35 | 13.35 | 13.35 | 1.00 | |
12/02/2024 | 13.32 | 13.32 | 13.32 | 13.32 | 1.00 |
13.28 | 13.28 | 13.28 | 13.28 | 1.00 |
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Alphacentric Lifesci Trading Date Momentum on December 2, 2024
On December 03 2024 Alphacentric Lifesci Healthcare was traded for 13.28 at the closing time. The highest daily price throughout the period was 13.28 and the lowest price was 13.28 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.30% . The overall trading delta to current closing price is 2.03% . |
Alphacentric Lifesci Fundamentals Correlations and Trends
By evaluating Alphacentric Lifesci'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 Lifesci'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 Lifesci Mutual Fund history
Alphacentric Lifesci 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 Lifesci 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 Lifesci stock prices may prove useful in developing a viable investing in Alphacentric Lifesci
Under normal market conditions, the fund invests at least 80 percent of its net assets plus borrowings for investment purposes in the securities of companies in the life sciences and healthcare sectors, which the managers define to be the category of companies related to producing or supplying facilities, supplies, technology, pharmaceuticals, equipment, devices or services for the preservation and care of a persons health. AlphaCentric LifeSci is traded on NASDAQ Exchange in the United States.
Alphacentric Lifesci Mutual Fund Technical Analysis
Alphacentric Lifesci 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 Lifesci Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Alphacentric Lifesci Healthcare 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 Lifesci December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Alphacentric Lifesci 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 Lifesci shares will generate the highest return on investment. By undertsting and applying Alphacentric Lifesci mutual fund market strength indicators, traders can identify Alphacentric Lifesci Healthcare entry and exit signals to maximize returns
Alphacentric Lifesci Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alphacentric Lifesci'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 | (0.06) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.13) |
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Other Information on Investing in Alphacentric Mutual Fund
Alphacentric Lifesci 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 Lifesci security.
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