Multi Asset Growth Strategy Fund Price on June 25, 2024
| RAZAX Fund | USD 11.01 0.04 0.36% |
Below is the normalized historical share price chart for Multi Asset Growth Strategy extending back to September 29, 2017. 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 Multi-asset Growth stands at 11.01, as last reported on the 30th of November, with the highest price reaching 11.01 and the lowest price hitting 11.01 during the day.
If you're considering investing in Multi-asset Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Multi-asset Mutual Fund to be very steady. Multi Asset Growth has Sharpe Ratio of 0.083, which conveys that the entity had a 0.083% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Multi-asset Growth, which you can use to evaluate the volatility of the fund. Please verify Multi-asset Growth's Risk Adjusted Performance of 0.0399, downside deviation of 0.4728, and Mean Deviation of 0.3065 to check out if the risk estimate we provide is consistent with the expected return of 0.0328%.
Multi-asset Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Multi-asset |
Sharpe Ratio = 0.083
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RAZAX |
Estimated Market Risk
| 0.4 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Multi-asset Growth is performing at about 6% 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 Multi-asset Growth by adding it to a well-diversified portfolio.
Multi-asset Growth Valuation on June 25, 2024
It is possible to determine the worth of Multi-asset Growth on a given historical date. On June 25, 2024 Multi-asset was worth 10.46 at the beginning of the trading date compared to the closed value of 10.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multi-asset Growth mutual fund. Still, in general, we apply an absolute valuation method to find Multi-asset Growth'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 Multi-asset Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multi-asset Growth's related companies.
| Open | High | Low | Close | Volume | |
| 10.45 | 10.45 | 10.45 | 10.45 | 1.00 | |
06/25/2024 | 10.46 | 10.46 | 10.46 | 10.46 | 1.00 |
| 10.43 | 10.43 | 10.43 | 10.43 | 1.00 |
| Backtest Multi-asset Growth | | | Multi-asset Growth History | | | Multi-asset Growth Valuation | Previous | Next |
Multi-asset Growth Trading Date Momentum on June 25, 2024
| On June 26 2024 Multi Asset Growth Strategy was traded for 10.43 at the closing time. The highest daily price throughout the period was 10.43 and the lowest price was 10.43 . There was no trading activity during the period 1.0. Lack of trading volume on 06/26/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.29% . The trading delta at closing time to current closing price is 1.05% . |
Multi Asset Growth Fundamentals Correlations and Trends
By evaluating Multi-asset Growth'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 Multi-asset Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Multi-asset financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Multi-asset Growth Mutual Fund history
Multi-asset Growth 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 Multi-asset is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multi Asset Growth 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 Multi-asset Growth stock prices may prove useful in developing a viable investing in Multi-asset Growth
The funds target strategic asset allocation is 60 percent to global equity or equity-related securities or instruments, including equity securities of real assets-related companies, and 40 percent global fixed income or fixed income-related securities or instruments, including high yield debt. However, the fund is not required to allocate its investments in any set proportion and RIM will dynamically manage the funds asset allocation based on market conditions generally by up to plusminus 10 percent from the funds target strategic asset allocations.
Multi-asset Growth Mutual Fund Technical Analysis
Multi-asset Growth 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
Multi-asset Growth Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Multi Asset Growth Strategy 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.
Multi-asset Growth November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Multi-asset Growth 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 Multi-asset Growth shares will generate the highest return on investment. By undertsting and applying Multi-asset Growth mutual fund market strength indicators, traders can identify Multi Asset Growth Strategy entry and exit signals to maximize returns
Multi-asset Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Multi-asset Growth's price direction in advance. Along with the technical and fundamental analysis of Multi-asset Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multi-asset 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 | 0.0399 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.0561 |
| 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 Multi-asset Mutual Fund
Multi-asset Growth financial ratios help investors to determine whether Multi-asset 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 Multi-asset with respect to the benefits of owning Multi-asset Growth security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |