Energy Fund Class Fund Price on September 27, 2024
| RYEAX Fund | USD 246.01 1.06 0.43% |
Below is the normalized historical share price chart for Energy Fund Class extending back to November 05, 1998. 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 Energy Fund stands at 246.01, as last reported on the 26th of November, with the highest price reaching 246.01 and the lowest price hitting 246.01 during the day.
If you're considering investing in Energy Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Energy Mutual Fund to be very steady. Energy Fund Class secures Sharpe Ratio (or Efficiency) of 0.0595, which denotes the fund had a 0.0595% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Energy Fund Class, which you can use to evaluate the volatility of the entity. Please confirm Energy Fund's Coefficient Of Variation of 2155.37, downside deviation of 1.38, and Mean Deviation of 0.9411 to check if the risk estimate we provide is consistent with the expected return of 0.0733%.
Energy Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Energy |
Sharpe Ratio = 0.0595
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| Cash | RYEAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Energy Fund 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 Energy Fund by adding it to a well-diversified portfolio.
Energy Fund Valuation on September 27, 2024
It is possible to determine the worth of Energy Fund on a given historical date. On September 27, 2024 Energy was worth 230.86 at the beginning of the trading date compared to the closed value of 230.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Energy Fund mutual fund. Still, in general, we apply an absolute valuation method to find Energy Fund'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 Energy Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Energy Fund's related companies.
| Open | High | Low | Close | Volume | |
| 226.54 | 226.54 | 226.54 | 226.54 | 1.00 | |
09/27/2024 | 230.86 | 230.86 | 230.86 | 230.86 | 1.00 |
| 231.47 | 231.47 | 231.47 | 231.47 | 1.00 |
| Backtest Energy Fund | | | Energy Fund History | | | Energy Fund Valuation | Previous | Next |
Energy Fund Trading Date Momentum on September 27, 2024
| On September 30 2024 Energy Fund Class was traded for 231.47 at the closing time. The highest daily price throughout the period was 231.47 and the lowest price was 231.47 . There was no trading activity during the period 1.0. Lack of trading volume on 09/30/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.26% . The overall trading delta to current closing price is 6.18% . |
Energy Fund Class Fundamentals Correlations and Trends
By evaluating Energy Fund'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 Energy Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Energy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Energy Fund Mutual Fund history
Energy Fund 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 Energy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Energy Fund Class 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 Energy Fund stock prices may prove useful in developing a viable investing in Energy Fund
Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Energy Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It will invest to a significant extent in the securities of Energy Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts to gain exposure to foreign Energy Companies and U.S. government securities.
Energy Fund Mutual Fund Technical Analysis
Energy Fund 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
Energy Fund Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Energy Fund Class 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.
Energy Fund November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Energy Fund 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 Energy Fund shares will generate the highest return on investment. By undertsting and applying Energy Fund mutual fund market strength indicators, traders can identify Energy Fund Class entry and exit signals to maximize returns
Energy Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Energy Fund's price direction in advance. Along with the technical and fundamental analysis of Energy Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Energy 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 | 0.0392 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0625 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Energy Mutual Fund
Energy Fund financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Fund security.
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