Summit Global Investments Fund Price on September 30, 8024
| SGLIX Fund | USD 40.49 0.03 0.07% |
Below is the normalized historical share price chart for Summit Global Investments extending back to April 01, 2009. 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 Summit Global stands at 40.49, as last reported on the 30th of November, with the highest price reaching 40.49 and the lowest price hitting 40.49 during the day.
If you're considering investing in Summit Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Summit Mutual Fund to be very steady. Summit Global Investments owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0389, which indicates the fund had a 0.0389% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Summit Global Investments, which you can use to evaluate the volatility of the fund. Please validate Summit Global's Semi Deviation of 0.5697, risk adjusted performance of 0.0247, and Coefficient Of Variation of 2638.37 to confirm if the risk estimate we provide is consistent with the expected return of 0.0204%.
Summit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Summit |
Sharpe Ratio = 0.0389
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SGLIX |
Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Summit Global is performing at about 3% 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 Summit Global by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Summit Global Mutual Fund history
Summit Global 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 Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit Global Investments 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 Summit Global stock prices may prove useful in developing a viable investing in Summit Global
Under normal market conditions, the fund invests at least 80 percent of the value of its net assets, plus any borrowings for investment purposes, in equity securities. It invests, under normal market conditions, significantly in non-U.S. companies. The funds investments in equity securities include, without limitation, common stocks, preferred stocks, warrants to acquire common stock, and securities convertible into common stock.
Summit Global Mutual Fund Technical Analysis
Summit Global 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
Summit Global Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Summit Global Investments 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.
Summit Global November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Summit Global 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 Summit Global shares will generate the highest return on investment. By undertsting and applying Summit Global mutual fund market strength indicators, traders can identify Summit Global Investments entry and exit signals to maximize returns
Summit Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summit Global's price direction in advance. Along with the technical and fundamental analysis of Summit Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit 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 | 0.0247 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.0173 |
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| Volume Indicators |
Other Information on Investing in Summit Mutual Fund
Summit Global financial ratios help investors to determine whether Summit 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 Summit with respect to the benefits of owning Summit Global security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |