Quantex Fund Institutional Fund Price on October 30, 2024
| QNTIX Fund | USD 42.22 0.21 0.50% |
Below is the normalized historical share price chart for Quantex Fund Institutional extending back to October 31, 2016. 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 Quantex Fund stands at 42.22, as last reported on the 27th of November, with the highest price reaching 42.22 and the lowest price hitting 42.22 during the day.
If you're considering investing in Quantex Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Quantex Mutual Fund to be very steady. Quantex Fund Institu maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Quantex Fund Institu, which you can use to evaluate the volatility of the fund. Please check Quantex Fund's Semi Deviation of 0.6773, coefficient of variation of 940.25, and Risk Adjusted Performance of 0.081 to confirm if the risk estimate we provide is consistent with the expected return of 0.0821%.
Quantex Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Quantex |
Sharpe Ratio = 0.111
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Quantex Fund is performing at about 8% 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 Quantex Fund by adding it to a well-diversified portfolio.
Quantex Fund Valuation on October 30, 2024
It is possible to determine the worth of Quantex Fund on a given historical date. On October 30, 2024 Quantex was worth 41.22 at the beginning of the trading date compared to the closed value of 41.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quantex Fund mutual fund. Still, in general, we apply an absolute valuation method to find Quantex 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 Quantex Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quantex Fund's related companies.
| Open | High | Low | Close | Volume | |
| 41.38 | 41.38 | 41.38 | 41.38 | 1.00 | |
10/30/2024 | 41.22 | 41.22 | 41.22 | 41.22 | 1.00 |
| 40.57 | 40.57 | 40.57 | 40.57 | 1.00 |
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Quantex Fund Trading Date Momentum on October 30, 2024
| On October 31 2024 Quantex Fund Institutional was traded for 40.57 at the closing time. The highest daily price throughout the period was 40.57 and the lowest price was 40.57 . There was no trading activity during the period 1.0. Lack of trading volume on 10/31/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.58% . The trading delta at closing time to current closing price is 2.77% . |
Quantex Fund Institu Fundamentals Correlations and Trends
By evaluating Quantex 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 Quantex Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quantex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quantex Fund Mutual Fund history
Quantex 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 Quantex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quantex Fund Institu 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 Quantex Fund stock prices may prove useful in developing a viable investing in Quantex Fund
Under normal circumstances, the fund will invest at least 80 percent of its net assets in common stocks or underlying funds investing in equity securities. The fund will also typically invest between 10 percent and 40 percent of its net assets in international equity securities or underlying funds primarily investing in international equities, including companies that conduct their principal business activities in emerging markets.
Quantex Fund Mutual Fund Technical Analysis
Quantex 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.
Price Boundaries
Quantex Fund Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Quantex 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.
Quantex Fund November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Quantex 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 Quantex Fund shares will generate the highest return on investment. By undertsting and applying Quantex Fund mutual fund market strength indicators, traders can identify Quantex Fund Institutional entry and exit signals to maximize returns
Quantex Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quantex Fund's price direction in advance. Along with the technical and fundamental analysis of Quantex Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quantex 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 | 0.081 | |||
| Jensen Alpha | 0.069 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 21.67 |
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| Volume Indicators |
Other Information on Investing in Quantex Mutual Fund
Quantex Fund financial ratios help investors to determine whether Quantex 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 Quantex with respect to the benefits of owning Quantex Fund security.
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