Electronics Fund Class Fund Price on September 4, 2024
| RYELX Fund | USD 382.22 5.90 1.57% |
Below is the normalized historical share price chart for Electronics Fund Class extending back to June 21, 2005. 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 Electronics Fund stands at 382.22, as last reported on the 22nd of November, with the highest price reaching 382.22 and the lowest price hitting 382.22 during the day.
If you're considering investing in Electronics Mutual Fund, it is important to understand the factors that can impact its price. Electronics Fund Class secures Sharpe Ratio (or Efficiency) of -0.0168, which denotes the fund had a -0.0168% return per unit of risk over the last 3 months. Electronics Fund Class exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electronics Fund's Variance of 4.65, mean deviation of 1.6, and Standard Deviation of 2.16 to check the risk estimate we provide.
Electronics Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Electronics |
Sharpe Ratio = -0.0168
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RYELX |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electronics Fund 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 Electronics Fund by adding Electronics Fund to a well-diversified portfolio.
Electronics Fund Valuation on September 4, 2024
It is possible to determine the worth of Electronics Fund on a given historical date. On September 4, 2024 Electronics was worth 369.04 at the beginning of the trading date compared to the closed value of 369.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electronics Fund mutual fund. Still, in general, we apply an absolute valuation method to find Electronics 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 Electronics Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electronics Fund's related companies.
| Open | High | Low | Close | Volume | |
| 368.42 | 368.42 | 368.42 | 368.42 | 1.00 | |
09/04/2024 | 369.04 | 369.04 | 369.04 | 369.04 | 1.00 |
| 367.02 | 367.02 | 367.02 | 367.02 | 1.00 |
| Backtest Electronics Fund | | | Electronics Fund History | | | Electronics Fund Valuation | Previous | Next |
Electronics Fund Trading Date Momentum on September 4, 2024
| On September 05 2024 Electronics Fund Class was traded for 367.02 at the closing time. The highest daily price throughout the period was 367.02 and the lowest price was 367.02 . 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 0.55% . The overall trading delta to current closing price is 3.10% . |
Electronics Fund Class Fundamentals Correlations and Trends
By evaluating Electronics 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 Electronics Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electronics Fund Mutual Fund history
Electronics 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 Electronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electronics 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 Electronics Fund stock prices may prove useful in developing a viable investing in Electronics Fund
Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Electronics 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 may invest to a significant extent in the securities of Electronics Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts to gain exposure to foreign Electronics Companies and U.S. government securities. It is non-diversified.
Electronics Fund Mutual Fund Technical Analysis
Electronics 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
Electronics Fund Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Electronics 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.
Electronics Fund November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Electronics 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 Electronics Fund shares will generate the highest return on investment. By undertsting and applying Electronics Fund mutual fund market strength indicators, traders can identify Electronics Fund Class entry and exit signals to maximize returns
Electronics Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electronics Fund's price direction in advance. Along with the technical and fundamental analysis of Electronics Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electronics 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 | (0.02) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.05) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Electronics Mutual Fund
Electronics Fund financial ratios help investors to determine whether Electronics 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 Electronics with respect to the benefits of owning Electronics Fund security.
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