Power Momentum Index Fund Price on June 8, 2023

MOJOX Fund  USD 15.45  0.14  0.91%   
Below is the normalized historical share price chart for Power Momentum Index extending back to December 23, 2016. 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 Power Momentum stands at 15.45, as last reported on the 4th of December, with the highest price reaching 15.45 and the lowest price hitting 15.45 during the day.
 
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If you're considering investing in Power Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Power Mutual Fund to be very steady. Power Momentum Index maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Power Momentum Index, which you can use to evaluate the volatility of the fund. Please check Power Momentum's Semi Deviation of 0.9145, coefficient of variation of 902.83, and Risk Adjusted Performance of 0.0865 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
  
Power Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1957

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Estimated Market Risk

 0.86
  actual daily
7
93% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Power Momentum is performing at about 15% 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 Power Momentum by adding it to a well-diversified portfolio.

Power Momentum Valuation on June 8, 2023

It is possible to determine the worth of Power Momentum on a given historical date. On June 8, 2023 Power was worth 10.54 at the beginning of the trading date compared to the closed value of 10.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Power Momentum mutual fund. Still, in general, we apply an absolute valuation method to find Power Momentum'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 Power Momentum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Power Momentum's related companies.
 Open High Low Close Volume
  10.49    10.49    10.49    10.49    1.00  
06/08/2023
  10.54    10.54    10.54    10.54    1.00  
  10.54    10.54    10.54    10.54    1.00  
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Open Value
10.54
10.54
Closing Value
13.11
Upside

Power Momentum Trading Date Momentum on June 8, 2023

On June 09 2023 Power Momentum Index was traded for  10.54  at the closing time. The highest daily price throughout the period was 10.54  and the lowest price was  10.54 . There was no trading activity during the period 1.0. Lack of trading volume on 06/09/2023 did not cause price change. The trading delta at closing time to current closing price is 1.99% .

Power Momentum Index Fundamentals Correlations and Trends

By evaluating Power Momentum'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 Power Momentum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Power financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Power Momentum Mutual Fund history

Power Momentum 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 Power is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Power Momentum Index 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 Power Momentum stock prices may prove useful in developing a viable investing in Power Momentum
The adviser seeks to achieve the funds objectives by seeking to track the FCF Risk Managed Sector Neutral Momentum Index that provides a formulaic methodology for allocating investments between securities of issuers who demonstrate higher free cash flow and positive momentum and short-term treasuries. The index and the fund will allocate 100 percent to the equity portfolio when the shorter-term exponential moving average indicator is in a bullish position.

Power Momentum Mutual Fund Technical Analysis

Power Momentum 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.
A focus of Power Momentum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Power Momentum trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Power Momentum Period Price Range

Low
December 4, 2024
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High

 0.00 

     

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Power Momentum Index 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.

Power Momentum December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Power Momentum 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 Power Momentum shares will generate the highest return on investment. By undertsting and applying Power Momentum mutual fund market strength indicators, traders can identify Power Momentum Index entry and exit signals to maximize returns

Power Momentum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Power Momentum's price direction in advance. Along with the technical and fundamental analysis of Power Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Power 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.

Other Information on Investing in Power Mutual Fund

Power Momentum financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Momentum security.
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