Redwood Alphafactor Tactical Fund Price on September 4, 2024
| RWIIX Fund | USD 14.48 0.09 0.63% |
Below is the normalized historical share price chart for Redwood Alphafactor Tactical extending back to November 02, 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 Redwood Alphafactor stands at 14.48, as last reported on the 27th of November, with the highest price reaching 14.48 and the lowest price hitting 14.48 during the day.
If you're considering investing in Redwood Mutual Fund, it is important to understand the factors that can impact its price. Redwood Alphafactor maintains Sharpe Ratio (i.e., Efficiency) of -0.0512, which implies the entity had a -0.0512% return per unit of risk over the last 3 months. Redwood Alphafactor exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Redwood Alphafactor's Risk Adjusted Performance of (0.05), coefficient of variation of (1,412), and Variance of 0.5802 to confirm the risk estimate we provide.
Redwood Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Redwood |
Sharpe Ratio = -0.0512
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RWIIX |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Redwood Alphafactor 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 Redwood Alphafactor by adding Redwood Alphafactor to a well-diversified portfolio.
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Redwood Alphafactor Valuation on September 4, 2024
It is possible to determine the worth of Redwood Alphafactor on a given historical date. On September 4, 2024 Redwood was worth 14.57 at the beginning of the trading date compared to the closed value of 14.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Redwood Alphafactor mutual fund. Still, in general, we apply an absolute valuation method to find Redwood Alphafactor'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 Redwood Alphafactor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Redwood Alphafactor's related companies.
| Open | High | Low | Close | Volume | |
| 14.75 | 14.75 | 14.75 | 14.75 | 1.00 | |
09/04/2024 | 14.57 | 14.57 | 14.57 | 14.57 | 1.00 |
| 14.55 | 14.55 | 14.55 | 14.55 | 1.00 |
| Backtest Redwood Alphafactor | | | Redwood Alphafactor History | | | Redwood Alphafactor Valuation | Previous | Next |
Redwood Alphafactor Trading Date Momentum on September 4, 2024
| On September 05 2024 Redwood Alphafactor Tactical was traded for 14.55 at the closing time. The highest daily price throughout the period was 14.55 and the lowest price was 14.55 . There was no trading activity during the period 1.0. Lack of trading volume on 09/05/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.14% . The trading delta at closing time to current closing price is 0.07% . |
Redwood Alphafactor Fundamentals Correlations and Trends
By evaluating Redwood Alphafactor'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 Redwood Alphafactor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Redwood financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Redwood Alphafactor Mutual Fund history
Redwood Alphafactor 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 Redwood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Redwood Alphafactor 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 Redwood Alphafactor stock prices may prove useful in developing a viable investing in Redwood Alphafactor
The Adviser employs an investment approach designed to track the performance of the Advisers proprietary index, the Redwood AlphaFactor Tactical International Index. The index utilizes a quantitative, factor-based, investment methodology focused on large and middle capitalization common stocks of both developed and emerging markets outside of the United States, typically of companies with market capitalizations of greater than 2 billion.
Redwood Alphafactor Mutual Fund Technical Analysis
Redwood Alphafactor 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
Redwood Alphafactor Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Redwood Alphafactor Tactical 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.
Redwood Alphafactor November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Redwood Alphafactor 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 Redwood Alphafactor shares will generate the highest return on investment. By undertsting and applying Redwood Alphafactor mutual fund market strength indicators, traders can identify Redwood Alphafactor Tactical entry and exit signals to maximize returns
Redwood Alphafactor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Redwood Alphafactor's price direction in advance. Along with the technical and fundamental analysis of Redwood Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Redwood 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 | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.27) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Redwood Mutual Fund
Redwood Alphafactor financial ratios help investors to determine whether Redwood 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 Redwood with respect to the benefits of owning Redwood Alphafactor security.
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