Multifactor Equity Fund Price on October 31, 2024
| RTDCX Fund | USD 20.78 0.09 0.43% |
Below is the normalized historical share price chart for Multifactor Equity Fund extending back to April 30, 2018. 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 Multifactor stands at 20.78, as last reported on the 27th of November, with the highest price reaching 20.78 and the lowest price hitting 20.78 during the day.
If you're considering investing in Multifactor Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Multifactor Mutual Fund to be very steady. Multifactor Equity has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Multifactor, which you can use to evaluate the volatility of the fund. Please verify Multifactor's Risk Adjusted Performance of 0.1089, downside deviation of 0.8308, and Mean Deviation of 0.5578 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
Multifactor Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Multifactor |
Sharpe Ratio = 0.172
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Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Multifactor is performing at about 13% 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 Multifactor by adding it to a well-diversified portfolio.
Multifactor Valuation on October 31, 2024
It is possible to determine the worth of Multifactor on a given historical date. On October 31, 2024 Multifactor was worth 19.49 at the beginning of the trading date compared to the closed value of 19.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multifactor mutual fund. Still, in general, we apply an absolute valuation method to find Multifactor'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 Multifactor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multifactor's related companies.
| Open | High | Low | Close | Volume | |
| 19.85 | 19.85 | 19.85 | 19.85 | 1.00 | |
10/31/2024 | 19.49 | 19.49 | 19.49 | 19.49 | 1.00 |
| 19.56 | 19.56 | 19.56 | 19.56 | 1.00 |
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Multifactor Trading Date Momentum on October 31, 2024
| On November 01 2024 Multifactor Equity Fund was traded for 19.56 at the closing time. The highest daily price throughout the period was 19.56 and the lowest price was 19.56 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.36% . The trading delta at closing time to current closing price is 5.80% . |
Multifactor Equity Fundamentals Correlations and Trends
By evaluating Multifactor'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 Multifactor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Multifactor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Multifactor Mutual Fund history
Multifactor 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 Multifactor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multifactor Equity 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 Multifactor stock prices may prove useful in developing a viable investing in Multifactor
The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in equity securities economically tied to the U.S. It invests principally in common stocks of large and medium capitalization U.S. companies but may also invest in small capitalization U.S. companies. The manager defines large and medium capitalization stocks as stocks of those companies represented by the Russell 1000 Index or within the capitalization range of the Russell 1000 Index.
Multifactor Mutual Fund Technical Analysis
Multifactor 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
Multifactor Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Multifactor Equity 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.
Multifactor November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Multifactor 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 Multifactor shares will generate the highest return on investment. By undertsting and applying Multifactor mutual fund market strength indicators, traders can identify Multifactor Equity Fund entry and exit signals to maximize returns
Multifactor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Multifactor's price direction in advance. Along with the technical and fundamental analysis of Multifactor Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multifactor 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 | 0.1089 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1142 |
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Other Information on Investing in Multifactor Mutual Fund
Multifactor financial ratios help investors to determine whether Multifactor 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 Multifactor with respect to the benefits of owning Multifactor security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
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