Alternative Credit Income Fund Price on November 20, 2024
| RCILX Fund | USD 9.29 0.01 0.11% |
Below is the normalized historical share price chart for Alternative Credit Income extending back to July 28, 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 Alternative Credit stands at 9.29, as last reported on the 25th of February, with the highest price reaching 9.29 and the lowest price hitting 9.29 during the day.
If you're considering investing in Alternative Mutual Fund, it is important to understand the factors that can impact its price. Alternative Credit Income secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the fund had a -0.17 % return per unit of risk over the last 3 months. Alternative Credit Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alternative Credit's Mean Deviation of 0.1994, standard deviation of 0.4377, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
Alternative Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alternative |
Sharpe Ratio = -0.1726
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| Negative Returns | RCILX |
Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alternative Credit 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 Alternative Credit by adding Alternative Credit to a well-diversified portfolio.
Alternative Credit Valuation on November 20, 2024
It is possible to determine the worth of Alternative Credit on a given historical date. On November 20, 2024 Alternative was worth 9.75 at the beginning of the trading date compared to the closed value of 9.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alternative Credit mutual fund. Still, in general, we apply an absolute valuation method to find Alternative Credit'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 Alternative Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alternative Credit's related companies.
| Open | High | Low | Close | Volume | |
| 9.75 | 9.75 | 9.75 | 9.75 | 1.00 | |
11/20/2024 | 9.75 | 9.75 | 9.75 | 9.75 | 1.00 |
| 9.75 | 9.75 | 9.75 | 9.75 | 1.00 |
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Alternative Credit Trading Date Momentum on November 20, 2024
| On November 21 2024 Alternative Credit Income was traded for 9.75 at the closing time. The highest daily price throughout the period was 9.75 and the lowest price was 9.75 . There was no trading activity during the period 1.0. Lack of trading volume on 11/21/2024 did not affect price variability. The overall trading delta to current closing price is 0.21% . |
About Alternative Credit Mutual Fund history
Alternative Credit 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 Alternative is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alternative Credit Income 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 Alternative Credit stock prices may prove useful in developing a viable investing in Alternative Credit
Alternative Credit Mutual Fund Technical Analysis
Alternative Credit 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
Alternative Credit Period Price Range
Low | February 25, 2025
| High |
0.00 | 0.00 |
Alternative Credit Income 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.
Alternative Credit February 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Alternative Credit 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 Alternative Credit shares will generate the highest return on investment. By undertsting and applying Alternative Credit mutual fund market strength indicators, traders can identify Alternative Credit Income entry and exit signals to maximize returns
Alternative Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alternative Credit's price direction in advance. Along with the technical and fundamental analysis of Alternative Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alternative 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 | (0.13) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 9.38 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Alternative Mutual Fund
Alternative Credit financial ratios help investors to determine whether Alternative 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 Alternative with respect to the benefits of owning Alternative Credit security.
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