Rainier International Discovery Fund Price on October 2, 2023

RAIRX Fund  USD 23.84  0.27  1.15%   
If you're considering investing in RAINIER Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Rainier International stands at 23.84, as last reported on the 1st of December, with the highest price reaching 23.84 and the lowest price hitting 23.84 during the day. Rainier International maintains Sharpe Ratio (i.e., Efficiency) of -0.0107, which implies the entity had a -0.0107% return per unit of risk over the last 3 months. Rainier International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rainier International's Coefficient Of Variation of (9,362), variance of 0.5354, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
RAINIER Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0107

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Estimated Market Risk

 0.73
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rainier International 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 Rainier International by adding Rainier International to a well-diversified portfolio.

Rainier International Valuation on October 2, 2023

It is possible to determine the worth of Rainier International on a given historical date. On October 2, 2023 RAINIER was worth 20.74 at the beginning of the trading date compared to the closed value of 20.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rainier International mutual fund. Still, in general, we apply an absolute valuation method to find Rainier International'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 Rainier International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rainier International's related companies.
 Open High Low Close Volume
  21.04    21.04    21.04    21.04    1.00  
10/02/2023
  20.74    20.74    20.74    20.74    1.00  
  20.48    20.48    20.48    20.48    1.00  
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Open Value
20.74
20.74
Closing Value
22.94
Upside

Rainier International Trading Date Momentum on October 2, 2023

On October 03 2023 Rainier International Discovery was traded for  20.48  at the closing time. The highest daily price throughout the period was 20.48  and the lowest price was  20.48 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.25% . The trading delta at closing time to current closing price is 0.39% .

Rainier International Fundamentals Correlations and Trends

By evaluating Rainier International'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 Rainier International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RAINIER financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rainier International Mutual Fund history

Rainier International 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 RAINIER is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rainier International 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 Rainier International stock prices may prove useful in developing a viable investing in Rainier International
The fund will invest primarily in equity securities of foreign developed and emerging market companies that are small- to mid- sized at the time of purchase. Rainier International is traded on NASDAQ Exchange in the United States.

Rainier International Mutual Fund Technical Analysis

Rainier International 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.
A focus of Rainier International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rainier International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Rainier International Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Rainier International Discovery 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.

Rainier International December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Rainier International 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 Rainier International shares will generate the highest return on investment. By undertsting and applying Rainier International mutual fund market strength indicators, traders can identify Rainier International Discovery entry and exit signals to maximize returns

Rainier International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rainier International's price direction in advance. Along with the technical and fundamental analysis of RAINIER Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of RAINIER 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.

Other Information on Investing in RAINIER Mutual Fund

Rainier International financial ratios help investors to determine whether RAINIER 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 RAINIER with respect to the benefits of owning Rainier International security.
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