Bond Market Index Fund Price on October 22, 2024
| PNIIX Fund | USD 8.74 0.04 0.46% |
Below is the normalized historical share price chart for Bond Market Index extending back to December 30, 2009. 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 Bond Market stands at 8.74, as last reported on the 2nd of December, with the highest price reaching 8.74 and the lowest price hitting 8.74 during the day.
If you're considering investing in Bond Mutual Fund, it is important to understand the factors that can impact its price. Bond Market Index secures Sharpe Ratio (or Efficiency) of -0.0272, which signifies that the fund had a -0.0272% return per unit of risk over the last 3 months. Bond Market Index exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bond Market's Risk Adjusted Performance of (0.03), standard deviation of 0.3141, and Mean Deviation of 0.2348 to double-check the risk estimate we provide.
Bond Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Bond |
Sharpe Ratio = -0.0272
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| Negative Returns | PNIIX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bond Market 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 Bond Market by adding Bond Market to a well-diversified portfolio.
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Bond Market Valuation on October 22, 2024
It is possible to determine the worth of Bond Market on a given historical date. On October 22, 2024 Bond was worth 8.68 at the beginning of the trading date compared to the closed value of 8.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bond Market mutual fund. Still, in general, we apply an absolute valuation method to find Bond Market'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 Bond Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bond Market's related companies.
| Open | High | Low | Close | Volume | |
| 8.69 | 8.69 | 8.69 | 8.69 | 1.00 | |
10/22/2024 | 8.68 | 8.68 | 8.68 | 8.68 | 1.00 |
| 8.66 | 8.66 | 8.66 | 8.66 | 1.00 |
| Backtest Bond Market | | | Bond Market History | | | Bond Market Valuation | Previous | Next |
Bond Market Trading Date Momentum on October 22, 2024
| On October 23 2024 Bond Market Index was traded for 8.66 at the closing time. The highest daily price throughout the period was 8.66 and the lowest price was 8.66 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.23% . The overall trading delta to current closing price is 0.92% . |
Bond Market Index Fundamentals Correlations and Trends
By evaluating Bond Market'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 Bond Market's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bond financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bond Market Mutual Fund history
Bond Market 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 Bond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bond Market 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 Bond Market stock prices may prove useful in developing a viable investing in Bond Market
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in investments designed to track the Bloomberg U.S. Aggregate Bond Index at the time of purchase. The index is composed of investment grade, fixed-rate debt issues with maturities of one year or more, including government securities, corporate securities, and asset-backed and mortgage-backed securities .
Bond Market Mutual Fund Technical Analysis
Bond Market 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
Bond Market Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Bond Market 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.
Bond Market December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Bond Market 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 Bond Market shares will generate the highest return on investment. By undertsting and applying Bond Market mutual fund market strength indicators, traders can identify Bond Market Index entry and exit signals to maximize returns
Bond Market Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bond Market's price direction in advance. Along with the technical and fundamental analysis of Bond Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bond 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 | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.29 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Bond Mutual Fund
Bond Market financial ratios help investors to determine whether Bond 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 Bond with respect to the benefits of owning Bond Market security.
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