American Independence Kansas Fund Price on November 20, 2024
| SEKSX Fund | USD 10.15 0.02 0.20% |
Below is the normalized historical share price chart for American Independence Kansas extending back to December 01, 1992. 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 American Independence stands at 10.15, as last reported on the 27th of November, with the highest price reaching 10.15 and the lowest price hitting 10.15 during the day.
If you're considering investing in American Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider American Mutual Fund to be very steady. American Independence secures Sharpe Ratio (or Efficiency) of 0.0353, which signifies that the fund had a 0.0353% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for American Independence Kansas, which you can use to evaluate the volatility of the entity. Please confirm American Independence's mean deviation of 0.1124, and Risk Adjusted Performance of (0.01) to double-check if the risk estimate we provide is consistent with the expected return of 0.0064%.
American Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
American |
Sharpe Ratio = 0.0353
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SEKSX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average American Independence 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 American Independence by adding it to a well-diversified portfolio.
American Independence Valuation on November 20, 2024
It is possible to determine the worth of American Independence on a given historical date. On November 20, 2024 American was worth 10.13 at the beginning of the trading date compared to the closed value of 10.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Independence mutual fund. Still, in general, we apply an absolute valuation method to find American Independence'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 American Independence where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Independence's related companies.
| Open | High | Low | Close | Volume | |
| 10.13 | 10.13 | 10.13 | 10.13 | 1.00 | |
11/20/2024 | 10.13 | 10.13 | 10.13 | 10.13 | 1.00 |
| 10.12 | 10.12 | 10.12 | 10.12 | 1.00 |
| Backtest American Independence | | | American Independence History | | | American Independence Valuation | Previous | Next |
American Independence Trading Date Momentum on November 20, 2024
| On November 21 2024 American Independence Kansas was traded for 10.12 at the closing time. The highest daily price throughout the period was 10.12 and the lowest price was 10.12 . There was no trading activity during the period 1.0. Lack of trading volume on 11/21/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.10% . The overall trading delta to current closing price is 0.20% . |
American Independence Fundamentals Correlations and Trends
By evaluating American Independence'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 American Independence's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.About American Independence Mutual Fund history
American Independence 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 American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Independence 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 American Independence stock prices may prove useful in developing a viable investing in American Independence
The fund seeks to preserve capital while producing current income for the investor that is exempt from both federal and Kansas state income taxes by investing in bonds issued by Kansas municipalities. It will invest in municipal bonds with maturities ranging up to 20 years and which are rated, at time of purchase, investment grade. The fund is non-diversified.
American Independence Mutual Fund Technical Analysis
American Independence 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
American Independence Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
American Independence Kansas 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.
American Independence November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how American Independence 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 American Independence shares will generate the highest return on investment. By undertsting and applying American Independence mutual fund market strength indicators, traders can identify American Independence Kansas entry and exit signals to maximize returns
American Independence Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Independence's price direction in advance. Along with the technical and fundamental analysis of American Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of American 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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.47) | |||
| Treynor Ratio | (0.09) |
| 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 American Mutual Fund
American Independence financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Independence security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |