Rmb Mendon Financial Fund Price on September 10, 2024
| RMBKX Fund | USD 54.48 0.88 1.59% |
Below is the normalized historical share price chart for Rmb Mendon Financial extending back to December 29, 2000. 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 Mendon stands at 54.48, as last reported on the 24th of November, with the highest price reaching 54.48 and the lowest price hitting 54.48 during the day.
If you're considering investing in Rmb Mutual Fund, it is important to understand the factors that can impact its price. Rmb Mendon appears to be very steady, given 3 months investment horizon. Rmb Mendon Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rmb Mendon Financial, which you can use to evaluate the volatility of the fund. Please evaluate Rmb Mendon's Semi Deviation of 0.8649, risk adjusted performance of 0.1177, and Coefficient Of Variation of 686.15 to confirm if our risk estimates are consistent with your expectations.
Rmb Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Rmb |
Sharpe Ratio = 0.1156
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Rmb Mendon is performing at about 9% 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 Mendon by adding it to a well-diversified portfolio.
Rmb Mendon Valuation on September 10, 2024
It is possible to determine the worth of Rmb Mendon on a given historical date. On September 10, 2024 Rmb was worth 46.32 at the beginning of the trading date compared to the closed value of 46.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rmb Mendon mutual fund. Still, in general, we apply an absolute valuation method to find Rmb Mendon'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 Mendon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rmb Mendon's related companies.
| Open | High | Low | Close | Volume | |
| 46.32 | 46.32 | 46.32 | 46.32 | 1.00 | |
09/10/2024 | 46.32 | 46.32 | 46.32 | 46.32 | 1.00 |
| 45.95 | 45.95 | 45.95 | 45.95 | 1.00 |
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Rmb Mendon Trading Date Momentum on September 10, 2024
| On September 11 2024 Rmb Mendon Financial was traded for 45.95 at the closing time. The highest daily price throughout the period was 45.95 and the lowest price was 45.95 . There was no trading activity during the period 1.0. Lack of trading volume on 09/11/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.80% . The trading delta at closing time to current closing price is 4.58% . |
Rmb Mendon Financial Fundamentals Correlations and Trends
By evaluating Rmb Mendon'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 Mendon'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 Mendon Mutual Fund history
Rmb Mendon 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 Mendon Financial 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 Mendon stock prices may prove useful in developing a viable investing in Rmb Mendon
The fund pursues its investment objective by investing at least 80 percent of its net assets in stocks of U.S. companies that are in the financial services industry. It may invest in companies of any size, but, under normal conditions, the fund invests primarily in mid, small and micro capitalization financial services companies.
Rmb Mendon Mutual Fund Technical Analysis
Rmb Mendon 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 Mendon Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Rmb Mendon Financial 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 Mendon November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Rmb Mendon 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 Mendon shares will generate the highest return on investment. By undertsting and applying Rmb Mendon mutual fund market strength indicators, traders can identify Rmb Mendon Financial entry and exit signals to maximize returns
Rmb Mendon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rmb Mendon'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 | 0.1177 | |||
| Jensen Alpha | 0.252 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1198 | |||
| Treynor Ratio | 2.88 |
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Other Information on Investing in Rmb Mutual Fund
Rmb Mendon 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 Mendon security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |