Capital Income Builder Fund Price on February 26, 2024
RIRGX Fund | USD 72.42 0.39 0.54% |
If you're considering investing in Capital Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Capital Income stands at 72.42, as last reported on the 23rd of November, with the highest price reaching 72.42 and the lowest price hitting 72.42 during the day. Capital Income Builder secures Sharpe Ratio (or Efficiency) of -0.0183, which signifies that the fund had a -0.0183% return per unit of risk over the last 3 months. Capital Income Builder exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capital Income's Risk Adjusted Performance of (0.02), standard deviation of 0.4252, and Mean Deviation of 0.3405 to double-check the risk estimate we provide.
Capital Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Capital |
Sharpe Ratio = -0.0183
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Negative Returns | RIRGX |
Estimated Market Risk
0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Capital Income 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 Capital Income by adding Capital Income to a well-diversified portfolio.
Capital Income Valuation on February 26, 2024
It is possible to determine the worth of Capital Income on a given historical date. On February 26, 2024 Capital was worth 65.25 at the beginning of the trading date compared to the closed value of 65.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Capital Income mutual fund. Still, in general, we apply an absolute valuation method to find Capital Income'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 Capital Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Capital Income's related companies.
Open | High | Low | Close | Volume | |
65.49 | 65.49 | 65.49 | 65.49 | 1.00 | |
02/26/2024 | 65.25 | 65.25 | 65.25 | 65.25 | 1.00 |
65.23 | 65.23 | 65.23 | 65.23 | 1.00 |
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Capital Income Trading Date Momentum on February 26, 2024
On February 27 2024 Capital Income Builder was traded for 65.23 at the closing time. The highest daily price throughout the period was 65.23 and the lowest price was 65.23 . There was no trading activity during the period 1.0. Lack of trading volume on 02/27/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.03% . The overall trading delta to current closing price is 1.92% . |
Capital Income Builder Fundamentals Correlations and Trends
By evaluating Capital Income'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 Capital Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Capital financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Capital Income Mutual Fund history
Capital Income 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 Capital is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Capital Income Builder 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 Capital Income stock prices may prove useful in developing a viable investing in Capital Income
Capital Income Mutual Fund Technical Analysis
Capital Income 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
Capital Income Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Capital Income Builder 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.
Capital Income November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Capital Income 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 Capital Income shares will generate the highest return on investment. By undertsting and applying Capital Income mutual fund market strength indicators, traders can identify Capital Income Builder entry and exit signals to maximize returns
Capital Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Capital Income's price direction in advance. Along with the technical and fundamental analysis of Capital Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Capital 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 | (0.02) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.05) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Capital Mutual Fund
Capital Income financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital Income security.
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