Plumb Equity Fund Price on August 31, 2023
| PLIEX Fund | USD 32.12 0.35 1.08% |
Below is the normalized historical share price chart for Plumb Equity extending back to August 03, 2020. 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 Plumb Equity stands at 32.12, as last reported on the 11th of December 2024, with the highest price reaching 32.12 and the lowest price hitting 32.12 during the day.
If you're considering investing in Plumb Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Plumb Mutual Fund to be not too volatile. Plumb Equity maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Plumb Equity, which you can use to evaluate the volatility of the fund. Please check Plumb Equity's Risk Adjusted Performance of 0.1446, semi deviation of 0.626, and Coefficient Of Variation of 506.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Plumb Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Plumb |
Sharpe Ratio = 0.1303
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| Cash | PLIEX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Plumb Equity is performing at about 10% 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 Plumb Equity by adding it to a well-diversified portfolio.
Plumb Equity Valuation on August 31, 2023
It is possible to determine the worth of Plumb Equity on a given historical date. On August 31, 2023 Plumb was worth 24.24 at the beginning of the trading date compared to the closed value of 24.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Plumb Equity mutual fund. Still, in general, we apply an absolute valuation method to find Plumb Equity'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 Plumb Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Plumb Equity's related companies.
| Open | High | Low | Close | Volume | |
| 24.22 | 24.22 | 24.22 | 24.22 | 1.00 | |
08/31/2023 | 24.24 | 24.24 | 24.24 | 24.24 | 1.00 |
| 24.42 | 24.42 | 24.42 | 24.42 | 1.00 |
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Plumb Equity Trading Date Momentum on August 31, 2023
| On September 01 2023 Plumb Equity was traded for 24.42 at the closing time. The highest daily price throughout the period was 24.42 and the lowest price was 24.42 . There was no trading activity during the period 1.0. Lack of trading volume on 09/01/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.74% . The trading delta at closing time to current closing price is 0.25% . |
Plumb Equity Fundamentals Correlations and Trends
By evaluating Plumb Equity'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 Plumb Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Plumb financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Plumb Equity Mutual Fund history
Plumb Equity 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 Plumb is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Plumb Equity 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 Plumb Equity stock prices may prove useful in developing a viable investing in Plumb Equity
The fund normally invests at least 80 percent of its assets, including borrowings for investment purposes, in common stocks and other equity securities, such as exchange-traded funds , options, preferred stocks and securities convertible into such equity securities. It generally invests in higher quality companies that are trading at significant discounts to portfolio managers estimates of their intrinsic value. These companies may include large, medium, and smaller-sized companies.
Plumb Equity Mutual Fund Technical Analysis
Plumb Equity 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
Plumb Equity Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Plumb Equity 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.
Plumb Equity December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Plumb Equity 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 Plumb Equity shares will generate the highest return on investment. By undertsting and applying Plumb Equity mutual fund market strength indicators, traders can identify Plumb Equity entry and exit signals to maximize returns
Plumb Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Plumb Equity's price direction in advance. Along with the technical and fundamental analysis of Plumb Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Plumb 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 | 0.1446 | |||
| Jensen Alpha | 0.1531 | |||
| Total Risk Alpha | 0.0251 | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | 1.35 |
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| Volume Indicators |
Other Information on Investing in Plumb Mutual Fund
Plumb Equity financial ratios help investors to determine whether Plumb 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 Plumb with respect to the benefits of owning Plumb Equity security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |