Precious Metals Fund Price on October 23, 2024
| RYZCX Fund | USD 29.73 0.15 0.51% |
Below is the normalized historical share price chart for Precious Metals Fund extending back to June 09, 2003. 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 Precious Metals stands at 29.73, as last reported on the 2nd of December, with the highest price reaching 29.73 and the lowest price hitting 29.73 during the day.
If you're considering investing in Precious Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Precious Mutual Fund to be very steady. Precious Metals maintains Sharpe Ratio (i.e., Efficiency) of 0.0321, which implies the entity had a 0.0321% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Precious Metals, which you can use to evaluate the volatility of the fund. Please check Precious Metals' Risk Adjusted Performance of 0.008, semi deviation of 1.97, and Coefficient Of Variation of 43893.88 to confirm if the risk estimate we provide is consistent with the expected return of 0.0636%.
Precious Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Precious |
Sharpe Ratio = 0.0321
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| Cash | Small Risk | RYZCX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Precious Metals is performing at about 2% 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 Precious Metals by adding it to a well-diversified portfolio.
Precious Metals Valuation on October 23, 2024
It is possible to determine the worth of Precious Metals on a given historical date. On October 23, 2024 Precious was worth 34.32 at the beginning of the trading date compared to the closed value of 34.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Precious Metals mutual fund. Still, in general, we apply an absolute valuation method to find Precious Metals' 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 Precious Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Precious Metals' related companies.
| Open | High | Low | Close | Volume | |
| 34.97 | 34.97 | 34.97 | 34.97 | 1.00 | |
10/23/2024 | 34.32 | 34.32 | 34.32 | 34.32 | 1.00 |
| 33.66 | 33.66 | 33.66 | 33.66 | 1.00 |
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Precious Metals Trading Date Momentum on October 23, 2024
| On October 24 2024 Precious Metals Fund was traded for 33.66 at the closing time. The highest daily price throughout the period was 33.66 and the lowest price was 33.66 . There was no trading activity during the period 1.0. Lack of trading volume on 10/24/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.92% . The trading delta at closing time to current closing price is 8.25% . |
Precious Metals Fundamentals Correlations and Trends
By evaluating Precious Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Precious Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Precious financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Precious Metals Mutual Fund history
Precious Metals 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 Precious is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Precious Metals 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 Precious Metals stock prices may prove useful in developing a viable investing in Precious Metals
Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Precious Metals 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 Precious Metals Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts to gain exposure to foreign Precious Metals Companies and U.S. government securities. It is non-diversified.
Precious Metals Mutual Fund Technical Analysis
Precious Metals 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
Precious Metals Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Precious Metals 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.
Precious Metals December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Precious Metals 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 Precious Metals shares will generate the highest return on investment. By undertsting and applying Precious Metals mutual fund market strength indicators, traders can identify Precious Metals Fund entry and exit signals to maximize returns
Precious Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Precious Metals' price direction in advance. Along with the technical and fundamental analysis of Precious Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Precious 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 | 0.008 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.02) |
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| Volume Indicators |
Other Information on Investing in Precious Mutual Fund
Precious Metals financial ratios help investors to determine whether Precious 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 Precious with respect to the benefits of owning Precious Metals security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |