Nova Fund Class Fund Price on December 3, 2024

RYNHX Fund  USD 137.89  0.62  0.45%   
Below is the normalized historical share price chart for Nova Fund Class extending back to September 18, 2014. 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 Nova Fund stands at 137.89, as last reported on the 11th of December 2024, with the highest price reaching 137.89 and the lowest price hitting 137.89 during the day.
 
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If you're considering investing in Nova Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nova Mutual Fund to be very steady. Nova Fund Class has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nova Fund, which you can use to evaluate the volatility of the fund. Please verify Nova Fund's Risk Adjusted Performance of 0.1818, downside deviation of 1.01, and Mean Deviation of 0.7206 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Nova Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1805

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Estimated Market Risk

 0.99
  actual daily
8
92% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Nova Fund is performing at about 14% 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 Nova Fund by adding it to a well-diversified portfolio.

Nova Fund Valuation on December 3, 2024

It is possible to determine the worth of Nova Fund on a given historical date. On December 3, 2024 Nova was worth 137.8 at the beginning of the trading date compared to the closed value of 137.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nova Fund mutual fund. Still, in general, we apply an absolute valuation method to find Nova 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 Nova Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nova Fund's related companies.
 Open High Low Close Volume
  137.72    137.72    137.72    137.72    1.00  
12/03/2024
  137.80    137.80    137.80    137.80    1.00  
  139.04    139.04    139.04    139.04    1.00  
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Open Value
137.8
134.84
Downside
137.8
Closing Value
140.76
Upside

Nova Fund Trading Date Momentum on December 3, 2024

On December 04 2024 Nova Fund Class was traded for  139.04  at the closing time. The highest daily price throughout the period was 139.04  and the lowest price was  139.04 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.90% . The trading delta at closing time to current closing price is 0.07% .

Nova Fund Class Fundamentals Correlations and Trends

By evaluating Nova 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 Nova Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nova financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nova Fund Mutual Fund history

Nova 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 Nova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nova 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 Nova Fund stock prices may prove useful in developing a viable investing in Nova Fund
The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and leveraged derivative instruments. The index is a capitalization-weighted index composed of 500 common stocks, which are chosen by the Standard Poors Corporation on a statistical basis, and which generally represent large-capitalization companies with capitalizations ranging from 6.7 billion to 3. The fund is non-diversified.

Nova Fund Mutual Fund Technical Analysis

Nova 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.
A focus of Nova Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nova Fund trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nova Fund Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nova 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.

Nova Fund December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Nova 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 Nova Fund shares will generate the highest return on investment. By undertsting and applying Nova Fund mutual fund market strength indicators, traders can identify Nova Fund Class entry and exit signals to maximize returns

Nova Fund Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nova Fund's price direction in advance. Along with the technical and fundamental analysis of Nova Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nova 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.

Other Information on Investing in Nova Mutual Fund

Nova Fund financial ratios help investors to determine whether Nova 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 Nova with respect to the benefits of owning Nova Fund security.
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