T Rowe Price Fund Price on July 19, 2024
RRTMX Fund | USD 12.97 0.03 0.23% |
Below is the normalized historical share price chart for T Rowe Price extending back to May 31, 2007. 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 T Rowe stands at 12.97, as last reported on the 23rd of November, with the highest price reaching 12.97 and the lowest price hitting 12.97 during the day.
If you're considering investing in RRTMX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider RRTMX Mutual Fund to be very steady. T Rowe Price owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.059, which indicates the fund had a 0.059% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for T Rowe Price, which you can use to evaluate the volatility of the entity. Please validate T Rowe's Risk Adjusted Performance of 0.052, downside deviation of 0.3964, and Market Risk Adjusted Performance of 0.0635 to confirm if the risk estimate we provide is consistent with the expected return of 0.0196%.
RRTMX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
RRTMX |
Sharpe Ratio = 0.059
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Estimated Market Risk
0.33 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
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average T Rowe is performing at about 4% 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 T Rowe by adding it to a well-diversified portfolio.
T Rowe Valuation on July 19, 2024
It is possible to determine the worth of T Rowe on a given historical date. On July 19, 2024 RRTMX was worth 12.52 at the beginning of the trading date compared to the closed value of 12.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of T Rowe mutual fund. Still, in general, we apply an absolute valuation method to find T Rowe'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 T Rowe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against T Rowe's related companies.
Open | High | Low | Close | Volume | |
12.58 | 12.58 | 12.58 | 12.58 | 1.00 | |
07/19/2024 | 12.52 | 12.52 | 12.52 | 12.52 | 1.00 |
12.58 | 12.58 | 12.58 | 12.58 | 1.00 |
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T Rowe Trading Date Momentum on July 19, 2024
On July 22 2024 T Rowe Price was traded for 12.58 at the closing time. The highest daily price throughout the period was 12.58 and the lowest price was 12.58 . There was no trading activity during the period 1.0. Lack of trading volume on 07/22/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.48% . The trading price change to current closing price is 0.00% . |
T Rowe Price Fundamentals Correlations and Trends
By evaluating T Rowe'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 T Rowe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RRTMX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About T Rowe Mutual Fund history
T Rowe 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 RRTMX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in T Rowe Price 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 T Rowe stock prices may prove useful in developing a viable investing in T Rowe
The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price mutual funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year included in its name and assumes a retirement age of 65.
T Rowe Mutual Fund Technical Analysis
T Rowe 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
T Rowe Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
T Rowe Price 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.
T Rowe November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how T Rowe 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 T Rowe shares will generate the highest return on investment. By undertsting and applying T Rowe mutual fund market strength indicators, traders can identify T Rowe Price entry and exit signals to maximize returns
T Rowe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for T Rowe's price direction in advance. Along with the technical and fundamental analysis of RRTMX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of RRTMX 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 | 0.052 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.26) | |||
Treynor Ratio | 0.0535 |
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Volume Indicators |
Other Information on Investing in RRTMX Mutual Fund
T Rowe financial ratios help investors to determine whether RRTMX 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 RRTMX with respect to the benefits of owning T Rowe security.
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