Marketfield Fund Marketfield Fund Price on November 5, 2024
| MFADX Fund | USD 23.38 0.01 0.04% |
Below is the normalized historical share price chart for Marketfield Fund Marketfield extending back to October 08, 2012. 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 Marketfield Fund stands at 23.38, as last reported on the 23rd of November, with the highest price reaching 23.38 and the lowest price hitting 23.38 during the day.
If you're considering investing in Marketfield Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Marketfield Mutual Fund to be very steady. Marketfield Fund Mar has Sharpe Ratio of 0.0799, which conveys that the entity had a 0.0799% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Marketfield Fund, which you can use to evaluate the volatility of the fund. Please verify Marketfield Fund's Downside Deviation of 0.6867, mean deviation of 0.4469, and Risk Adjusted Performance of 0.0671 to check out if the risk estimate we provide is consistent with the expected return of 0.0523%.
Marketfield Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Marketfield |
Sharpe Ratio = 0.0799
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Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Marketfield Fund is performing at about 6% 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 Marketfield Fund by adding it to a well-diversified portfolio.
Marketfield Fund Valuation on November 5, 2024
It is possible to determine the worth of Marketfield Fund on a given historical date. On November 5, 2024 Marketfield was worth 22.93 at the beginning of the trading date compared to the closed value of 22.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marketfield Fund mutual fund. Still, in general, we apply an absolute valuation method to find Marketfield Fund'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 Marketfield Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marketfield Fund's related companies.
| Open | High | Low | Close | Volume | |
| 22.69 | 22.69 | 22.69 | 22.69 | 1.00 | |
11/05/2024 | 22.93 | 22.93 | 22.93 | 22.93 | 1.00 |
| 23.52 | 23.52 | 23.52 | 23.52 | 1.00 |
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Marketfield Fund Trading Date Momentum on November 5, 2024
| On November 06 2024 Marketfield Fund Marketfield was traded for 23.52 at the closing time. The highest daily price throughout the period was 23.52 and the lowest price was 23.52 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.57% . The trading delta at closing time to current closing price is 1.35% . |
Marketfield Fund Mar Fundamentals Correlations and Trends
By evaluating Marketfield Fund'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 Marketfield Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marketfield financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marketfield Fund Mutual Fund history
Marketfield Fund 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 Marketfield is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marketfield Fund Mar 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 Marketfield Fund stock prices may prove useful in developing a viable investing in Marketfield Fund
To achieve the funds investment objective, the Sub-Adviser employs a longshort strategy and allocates the funds assets by primarily investing in equity securities and exchange-traded funds , while also investing in fixed-income securities and other investment companies in proportions consistent with the Sub-Advisers evaluation of their expected risks and returns. The funds equity securities investments may include common and preferred stocks of United States companies of any size.
Marketfield Fund Mutual Fund Technical Analysis
Marketfield Fund 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
Marketfield Fund Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Marketfield Fund Marketfield 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.
Marketfield Fund November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Marketfield Fund 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 Marketfield Fund shares will generate the highest return on investment. By undertsting and applying Marketfield Fund mutual fund market strength indicators, traders can identify Marketfield Fund Marketfield entry and exit signals to maximize returns
Marketfield Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marketfield Fund's price direction in advance. Along with the technical and fundamental analysis of Marketfield Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marketfield 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 | 0.0671 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.068 |
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Other Information on Investing in Marketfield Mutual Fund
Marketfield Fund financial ratios help investors to determine whether Marketfield 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 Marketfield with respect to the benefits of owning Marketfield Fund security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
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| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |