Aqr Long Short Equity Fund Price on September 16, 2024
| QLEIX Fund | USD 16.90 0.08 0.48% |
Below is the normalized historical share price chart for Aqr Long Short Equity extending back to July 16, 2013. 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 Aqr Long-short stands at 16.90, as last reported on the 24th of November, with the highest price reaching 16.90 and the lowest price hitting 16.90 during the day.
If you're considering investing in Aqr Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Aqr Mutual Fund to be very steady. Aqr Long Short secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aqr Long Short Equity, which you can use to evaluate the volatility of the entity. Please confirm Aqr Long-short's Downside Deviation of 0.4775, risk adjusted performance of 0.1841, and Mean Deviation of 0.301 to double-check if the risk estimate we provide is consistent with the expected return of 0.0967%.
Aqr Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Aqr |
Sharpe Ratio = 0.2269
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| Cash | QLEIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Aqr Long-short is performing at about 17% 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 Aqr Long-short by adding it to a well-diversified portfolio.
Aqr Long-short Valuation on September 16, 2024
It is possible to determine the worth of Aqr Long-short on a given historical date. On September 16, 2024 Aqr was worth 15.94 at the beginning of the trading date compared to the closed value of 15.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aqr Long-short mutual fund. Still, in general, we apply an absolute valuation method to find Aqr Long-short'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 Aqr Long-short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aqr Long-short's related companies.
| Open | High | Low | Close | Volume | |
| 15.88 | 15.88 | 15.88 | 15.88 | 1.00 | |
09/16/2024 | 15.94 | 15.94 | 15.94 | 15.94 | 1.00 |
| 15.95 | 15.95 | 15.95 | 15.95 | 1.00 |
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Aqr Long-short Trading Date Momentum on September 16, 2024
| On September 17 2024 Aqr Long Short Equity was traded for 15.95 at the closing time. The highest daily price throughout the period was 15.95 and the lowest price was 15.95 . There was no trading activity during the period 1.0. Lack of trading volume on 09/17/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.06% . The overall trading delta to current closing price is 1.25% . |
Aqr Long Short Fundamentals Correlations and Trends
By evaluating Aqr Long-short'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 Aqr Long-short's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aqr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aqr Long-short Mutual Fund history
Aqr Long-short 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 Aqr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aqr Long Short 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 Aqr Long-short stock prices may prove useful in developing a viable investing in Aqr Long-short
Under normal market conditions, the fund pursues its investment objective by investing at least 80 percent of its net assets in equity instruments and equity related andor derivative instruments. Equity related andor derivative instruments are investments that provide exposure to the performance of equity instruments, including equity swaps , equity index futures and exchange-traded funds and similar pooled investment vehicles .
Aqr Long-short Mutual Fund Technical Analysis
Aqr Long-short 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
Aqr Long-short Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Aqr Long Short 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.
Aqr Long-short November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Aqr Long-short 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 Aqr Long-short shares will generate the highest return on investment. By undertsting and applying Aqr Long-short mutual fund market strength indicators, traders can identify Aqr Long Short Equity entry and exit signals to maximize returns
Aqr Long-short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aqr Long-short's price direction in advance. Along with the technical and fundamental analysis of Aqr Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aqr 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 | 0.1841 | |||
| Jensen Alpha | 0.104 | |||
| Total Risk Alpha | 0.0299 | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (1.88) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Aqr Mutual Fund
Aqr Long-short financial ratios help investors to determine whether Aqr 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 Aqr with respect to the benefits of owning Aqr Long-short security.
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