Rmb Fund I Fund Price on November 22, 2024
| RMBGX Fund | USD 37.76 0.11 0.29% |
Below is the normalized historical share price chart for Rmb Fund I extending back to February 01, 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 Rmb Fund stands at 37.76, as last reported on the 24th of November, with the highest price reaching 37.76 and the lowest price hitting 37.76 during the day.
If you're considering investing in Rmb Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Rmb Mutual Fund to be very steady. Rmb Fund I maintains Sharpe Ratio (i.e., Efficiency) of 0.0893, which implies the entity had a 0.0893% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rmb Fund I, which you can use to evaluate the volatility of the fund. Please check Rmb Fund's Coefficient Of Variation of 1217.22, semi deviation of 0.6122, and Risk Adjusted Performance of 0.0617 to confirm if the risk estimate we provide is consistent with the expected return of 0.0604%.
Rmb Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Rmb |
Sharpe Ratio = 0.0893
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Rmb Fund is performing at about 7% 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 Rmb Fund by adding it to a well-diversified portfolio.
Rmb Fund Valuation on November 22, 2024
It is possible to determine the worth of Rmb Fund on a given historical date. On November 22, 2024 Rmb was worth 37.87 at the beginning of the trading date compared to the closed value of 37.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rmb Fund mutual fund. Still, in general, we apply an absolute valuation method to find Rmb Fund'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 Rmb Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rmb Fund's related companies.
| Open | High | Low | Close | Volume | |
| 37.76 | 37.76 | 37.76 | 37.76 | 1.00 | |
11/22/2024 | 37.87 | 37.87 | 37.87 | 37.87 | 1.00 |
| 37.76 | 37.76 | 37.76 | 37.76 | 0.00 |
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Rmb Fund Trading Date Momentum on November 22, 2024
| On November 24 2024 Rmb Fund I was traded for 37.76 at the closing time. The highest daily price throughout the period was 37.76 and the lowest price was 37.76 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 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 0.29% . |
Rmb Fund I Fundamentals Correlations and Trends
By evaluating Rmb Fund'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 Rmb Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rmb financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rmb Fund Mutual Fund history
Rmb Fund 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 Rmb is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rmb Fund I 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 Rmb Fund stock prices may prove useful in developing a viable investing in Rmb Fund
The fund pursues its investment objective by investing in a diverse portfolio primarily consisting of common stocks of U.S. companies. It generally invests in high quality companies of all market capitalizations with a focus on businesses that have sustainable, long term competitive advantages.
Rmb Fund Mutual Fund Technical Analysis
Rmb Fund 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
Rmb Fund Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Rmb Fund I 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.
Rmb Fund November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Rmb Fund 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 Rmb Fund shares will generate the highest return on investment. By undertsting and applying Rmb Fund mutual fund market strength indicators, traders can identify Rmb Fund I entry and exit signals to maximize returns
Rmb Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rmb Fund's price direction in advance. Along with the technical and fundamental analysis of Rmb Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rmb 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 | 0.0617 | |||
| Jensen Alpha | 0.0506 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (1.14) |
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| Volume Indicators |
Other Information on Investing in Rmb Mutual Fund
Rmb Fund financial ratios help investors to determine whether Rmb 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 Rmb with respect to the benefits of owning Rmb Fund security.
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