Gnma Fund Institutional Fund Price on November 21, 2024

PDMIX Fund  USD 9.34  0.02  0.21%   
If you're considering investing in GNMA Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Gnma Fund stands at 9.34, as last reported on the 28th of November, with the highest price reaching 9.34 and the lowest price hitting 9.34 during the day. Gnma Fund Institutional holds Efficiency (Sharpe) Ratio of -0.0668, which attests that the entity had a -0.0668% return per unit of risk over the last 3 months. Gnma Fund Institutional exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gnma Fund's Standard Deviation of 0.297, market risk adjusted performance of 1.34, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
  
GNMA Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0668

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Negative ReturnsPDMIX

Estimated Market Risk

 0.3
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gnma Fund 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 Gnma Fund by adding Gnma Fund to a well-diversified portfolio.

Gnma Fund Valuation on November 21, 2024

It is possible to determine the worth of Gnma Fund on a given historical date. On November 21, 2024 GNMA was worth 9.25 at the beginning of the trading date compared to the closed value of 9.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gnma Fund mutual fund. Still, in general, we apply an absolute valuation method to find Gnma 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 Gnma Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gnma Fund's related companies.
 Open High Low Close Volume
  9.24    9.24    9.24    9.24    1.00  
11/21/2024
  9.25    9.25    9.25    9.25    1.00  
  9.26    9.26    9.26    9.26    1.00  
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Open Value
9.25
9.25
Closing Value
10.14
Upside

Gnma Fund Trading Date Momentum on November 21, 2024

On November 22 2024 Gnma Fund Institutional was traded for  9.26  at the closing time. The highest daily price throughout the period was 9.26  and the lowest price was  9.26 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.97% .

Gnma Fund Institutional Fundamentals Correlations and Trends

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

About Gnma Fund Mutual Fund history

Gnma 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 GNMA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gnma Fund Institutional 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 Gnma Fund stock prices may prove useful in developing a viable investing in Gnma Fund

Gnma Fund Mutual Fund Technical Analysis

Gnma 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.
A focus of Gnma Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gnma Fund 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

Gnma Fund Period Price Range

Low
November 28, 2024
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High

 0.00 

     

 0.00 

Gnma Fund Institutional 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.

Gnma Fund November 28, 2024 Market Strength

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

Gnma Fund Technical and Predictive Indicators

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

Gnma Fund financial ratios help investors to determine whether GNMA 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 GNMA with respect to the benefits of owning Gnma Fund security.
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