Ridgeworth Innovative Growth Fund Price on September 5, 2024
| SAGAX Fund | USD 55.63 0.44 0.80% |
Below is the normalized historical share price chart for Ridgeworth Innovative Growth extending back to March 01, 2004. 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 Ridgeworth Innovative stands at 55.63, as last reported on the 25th of November, with the highest price reaching 55.63 and the lowest price hitting 55.63 during the day.
If you're considering investing in Ridgeworth Mutual Fund, it is important to understand the factors that can impact its price. Ridgeworth Innovative appears to be very steady, given 3 months investment horizon. Ridgeworth Innovative maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ridgeworth Innovative, which you can use to evaluate the volatility of the fund. Please evaluate Ridgeworth Innovative's Risk Adjusted Performance of 0.1606, coefficient of variation of 491.15, and Semi Deviation of 1.21 to confirm if our risk estimates are consistent with your expectations.
Ridgeworth Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ridgeworth |
Sharpe Ratio = 0.2054
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SAGAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Ridgeworth Innovative is performing at about 16% 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 Ridgeworth Innovative by adding it to a well-diversified portfolio.
Ridgeworth Innovative Valuation on September 5, 2024
It is possible to determine the worth of Ridgeworth Innovative on a given historical date. On September 5, 2024 Ridgeworth was worth 45.23 at the beginning of the trading date compared to the closed value of 45.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ridgeworth Innovative mutual fund. Still, in general, we apply an absolute valuation method to find Ridgeworth Innovative'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 Ridgeworth Innovative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ridgeworth Innovative's related companies.
| Open | High | Low | Close | Volume | |
| 44.76 | 44.76 | 44.76 | 44.76 | 1.00 | |
09/05/2024 | 45.23 | 45.23 | 45.23 | 45.23 | 1.00 |
| 43.74 | 43.74 | 43.74 | 43.74 | 1.00 |
| Backtest Ridgeworth Innovative | | | Ridgeworth Innovative History | | | Ridgeworth Innovative Valuation | Previous | Next |
Ridgeworth Innovative Trading Date Momentum on September 5, 2024
| On September 06 2024 Ridgeworth Innovative Growth was traded for 43.74 at the closing time. The highest daily price throughout the period was 43.74 and the lowest price was 43.74 . There was no trading activity during the period 1.0. Lack of trading volume on 09/06/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 3.29% . The trading delta at closing time to current closing price is 4.40% . |
Ridgeworth Innovative Fundamentals Correlations and Trends
By evaluating Ridgeworth Innovative'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 Ridgeworth Innovative's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ridgeworth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ridgeworth Innovative Mutual Fund history
Ridgeworth Innovative 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 Ridgeworth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ridgeworth Innovative 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 Ridgeworth Innovative stock prices may prove useful in developing a viable investing in Ridgeworth Innovative
The fund invests at least 80 percent of its net assets in common stocks of U.S. companies and other U.S.-traded equity securities. The Adviser considers U.S.-traded equity securities to include ADRs, as well as securities that are traded in the U.S. that have been issued by companies established, domiciled or operating in foreign countries. It may invest in companies of any size and may invest a portion of its assets in U.S. or non-U.S. issued securities of foreign companies.
Ridgeworth Innovative Mutual Fund Technical Analysis
Ridgeworth Innovative 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
Ridgeworth Innovative Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Ridgeworth Innovative Growth 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.
Ridgeworth Innovative November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Ridgeworth Innovative 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 Ridgeworth Innovative shares will generate the highest return on investment. By undertsting and applying Ridgeworth Innovative mutual fund market strength indicators, traders can identify Ridgeworth Innovative Growth entry and exit signals to maximize returns
Ridgeworth Innovative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ridgeworth Innovative's price direction in advance. Along with the technical and fundamental analysis of Ridgeworth Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ridgeworth 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 | 0.1606 | |||
| Jensen Alpha | 0.1381 | |||
| Total Risk Alpha | 0.054 | |||
| Sortino Ratio | 0.0932 | |||
| Treynor Ratio | 0.2449 |
| 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 Ridgeworth Mutual Fund
Ridgeworth Innovative financial ratios help investors to determine whether Ridgeworth 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 Ridgeworth with respect to the benefits of owning Ridgeworth Innovative security.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |