Strategic Bond Fund Price on November 8, 2024
RFDAX Fund | USD 9.25 0.12 0.11% |
If you're considering investing in Strategic Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Strategic Bond stands at 9.12, as last reported on the 27th of November, with the highest price reaching 9.12 and the lowest price hitting 9.12 during the day. Strategic Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0813, which indicates the fund had a -0.0813% return per unit of risk over the last 3 months. Strategic Bond Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Strategic Bond's Risk Adjusted Performance of (0.08), variance of 0.0947, and Coefficient Of Variation of (1,230) to confirm the risk estimate we provide.
Strategic Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Strategic |
Sharpe Ratio = -0.0813
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | RFDAX |
Estimated Market Risk
0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Strategic Bond 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 Strategic Bond by adding Strategic Bond to a well-diversified portfolio.
Strategic Bond Valuation on November 8, 2024
It is possible to determine the worth of Strategic Bond on a given historical date. On November 8, 2024 Strategic was worth 9.11 at the beginning of the trading date compared to the closed value of 9.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Strategic Bond mutual fund. Still, in general, we apply an absolute valuation method to find Strategic Bond'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 Strategic Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Strategic Bond's related companies.
Open | High | Low | Close | Volume | |
9.09 | 9.09 | 9.09 | 9.09 | 1.00 | |
11/08/2024 | 9.11 | 9.11 | 9.11 | 9.11 | 1.00 |
9.10 | 9.10 | 9.10 | 9.10 | 1.00 |
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Strategic Bond Trading Date Momentum on November 8, 2024
On November 11 2024 Strategic Bond Fund was traded for 9.10 at the closing time. The highest daily price throughout the period was 9.10 and the lowest price was 9.10 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.11% . The trading price change to current closing price is 0.55% . |
Strategic Bond Fundamentals Correlations and Trends
By evaluating Strategic Bond'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 Strategic Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Strategic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Strategic Bond Mutual Fund history
Strategic Bond 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 Strategic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Strategic Bond 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 Strategic Bond stock prices may prove useful in developing a viable investing in Strategic Bond
The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in bonds. Strategic Bond is traded on NASDAQ Exchange in the United States.
Strategic Bond Mutual Fund Technical Analysis
Strategic Bond 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
Strategic Bond Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Strategic Bond Fund 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.
Strategic Bond November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Strategic Bond 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 Strategic Bond shares will generate the highest return on investment. By undertsting and applying Strategic Bond mutual fund market strength indicators, traders can identify Strategic Bond Fund entry and exit signals to maximize returns
Strategic Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Strategic Bond's price direction in advance. Along with the technical and fundamental analysis of Strategic Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Strategic 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 | (0.08) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.68) |
Cycle Indicators | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Strategic Mutual Fund
Strategic Bond financial ratios help investors to determine whether Strategic 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 Strategic with respect to the benefits of owning Strategic Bond security.
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