Rmb International Fund Price on September 19, 2024
| RMBTX Fund | USD 9.83 0.11 1.13% |
Below is the normalized historical share price chart for Rmb International Fund extending back to December 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 Rmb International stands at 9.83, as last reported on the 30th of November, with the highest price reaching 9.83 and the lowest price hitting 9.83 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 International maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the entity had a -0.14% return per unit of risk over the last 3 months. Rmb International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rmb International's Variance of 0.8334, coefficient of variation of (702.53), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
Rmb Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Rmb |
Sharpe Ratio = -0.1391
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RMBTX |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rmb International 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 Rmb International by adding Rmb International to a well-diversified portfolio.
Rmb International Valuation on September 19, 2024
It is possible to determine the worth of Rmb International on a given historical date. On September 19, 2024 Rmb was worth 10.7 at the beginning of the trading date compared to the closed value of 10.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rmb International mutual fund. Still, in general, we apply an absolute valuation method to find Rmb International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rmb International's related companies.
| Open | High | Low | Close | Volume | |
| 10.46 | 10.46 | 10.46 | 10.46 | 1.00 | |
09/19/2024 | 10.70 | 10.70 | 10.70 | 10.70 | 1.00 |
| 10.55 | 10.55 | 10.55 | 10.55 | 1.00 |
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Rmb International Trading Date Momentum on September 19, 2024
| On September 20 2024 Rmb International Fund was traded for 10.55 at the closing time. The highest daily price throughout the period was 10.55 and the lowest price was 10.55 . There was no trading activity during the period 1.0. Lack of trading volume on 09/20/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.40% . The trading delta at closing time to current closing price is 0.65% . |
Rmb International Fundamentals Correlations and Trends
By evaluating Rmb International'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 International'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 International Mutual Fund history
Rmb International 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 International 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 International stock prices may prove useful in developing a viable investing in Rmb International
The fund invests, under normal conditions, in at least three different countries and at least 40 percent of its total assets in securities of non-U.S. issuers organized or having their principal place of business outside the U.S. or doing a substantial amount of business outside the U.S. Investments in ETFs based on non-U.S. market indices are considered investments outside the U.S. for purposes of the 40 percent requirement.
Rmb International Mutual Fund Technical Analysis
Rmb International 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 International Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Rmb International 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.
Rmb International November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Rmb International 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 International shares will generate the highest return on investment. By undertsting and applying Rmb International mutual fund market strength indicators, traders can identify Rmb International Fund entry and exit signals to maximize returns
Rmb International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rmb International'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 | (0.11) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.26) |
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| Volume Indicators |
Other Information on Investing in Rmb Mutual Fund
Rmb International 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 International security.
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