Core Plus Bond Fund Price on October 31, 2024
| PRBDX Fund | USD 9.00 0.03 0.33% |
Below is the normalized historical share price chart for Core Plus Bond extending back to May 11, 1990. 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 Core Plus stands at 9.00, as last reported on the 25th of November, with the highest price reaching 9.00 and the lowest price hitting 9.00 during the day.
If you're considering investing in Core Mutual Fund, it is important to understand the factors that can impact its price. Core Plus Bond secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the fund had a -0.15% return per unit of risk over the last 3 months. Core Plus Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Core Plus' Mean Deviation of 0.231, standard deviation of 0.297, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
Core Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Core |
Sharpe Ratio = -0.1478
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PRBDX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Core Plus 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 Core Plus by adding Core Plus to a well-diversified portfolio.
Core Plus Valuation on October 31, 2024
It is possible to determine the worth of Core Plus on a given historical date. On October 31, 2024 Core was worth 9.07 at the beginning of the trading date compared to the closed value of 9.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Core Plus mutual fund. Still, in general, we apply an absolute valuation method to find Core Plus' 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 Core Plus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Core Plus' related companies.
| Open | High | Low | Close | Volume | |
| 9.08 | 9.08 | 9.08 | 9.08 | 1.00 | |
10/31/2024 | 9.07 | 9.07 | 9.07 | 9.07 | 1.00 |
| 9.03 | 9.03 | 9.03 | 9.03 | 1.00 |
| Backtest Core Plus | | | Core Plus History | | | Core Plus Valuation | Previous | Next |
Core Plus Trading Date Momentum on October 31, 2024
| On November 01 2024 Core Plus Bond was traded for 9.03 at the closing time. The highest daily price throughout the period was 9.03 and the lowest price was 9.03 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.44% . The overall trading delta to current closing price is 0.22% . |
Core Plus Bond Fundamentals Correlations and Trends
By evaluating Core Plus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Core Plus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Core financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Core Plus Mutual Fund history
Core Plus 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 Core is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Core Plus Bond 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 Core Plus stock prices may prove useful in developing a viable investing in Core Plus
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in bonds or other debt securities at the time of purchase. Under normal circumstances, the fund maintains an average portfolio duration that is within 25 percent of the duration of the Bloomberg U.S. Aggregate Bond Index.
Core Plus Mutual Fund Technical Analysis
Core Plus 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
Core Plus Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Core Plus Bond 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.
Core Plus November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Core Plus 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 Core Plus shares will generate the highest return on investment. By undertsting and applying Core Plus mutual fund market strength indicators, traders can identify Core Plus Bond entry and exit signals to maximize returns
Core Plus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Core Plus' price direction in advance. Along with the technical and fundamental analysis of Core Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Core 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 | (0.11) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.7721 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Core Mutual Fund
Core Plus financial ratios help investors to determine whether Core 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 Core with respect to the benefits of owning Core Plus security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |