Health Biotchnology Portfolio Fund Price on November 12, 2024
| SHPCX Fund | USD 13.85 0.04 0.29% |
Below is the normalized historical share price chart for Health Biotchnology Portfolio extending back to January 19, 2000. 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 Health Biotchnology stands at 13.85, as last reported on the 27th of November, with the highest price reaching 13.85 and the lowest price hitting 13.85 during the day.
If you're considering investing in Health Mutual Fund, it is important to understand the factors that can impact its price. Health Biotchnology holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of standard deviation over the last 3 months. Health Biotchnology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Health Biotchnology's market risk adjusted performance of (0.13), and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
Health Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Health |
Sharpe Ratio = -0.1095
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| Negative Returns | SHPCX |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Health Biotchnology is not performing at its full potential. However, 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 Health Biotchnology by adding Health Biotchnology to a well-diversified portfolio.
Health Biotchnology Valuation on November 12, 2024
It is possible to determine the worth of Health Biotchnology on a given historical date. On November 12, 2024 Health was worth 14.26 at the beginning of the trading date compared to the closed value of 14.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Health Biotchnology mutual fund. Still, in general, we apply an absolute valuation method to find Health Biotchnology'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 Health Biotchnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Health Biotchnology's related companies.
| Open | High | Low | Close | Volume | |
| 14.42 | 14.42 | 14.42 | 14.42 | 1.00 | |
11/12/2024 | 14.26 | 14.26 | 14.26 | 14.26 | 1.00 |
| 14.22 | 14.22 | 14.22 | 14.22 | 1.00 |
| Backtest Health Biotchnology | | | Health Biotchnology History | | | Health Biotchnology Valuation | Previous | Next |
Health Biotchnology Trading Date Momentum on November 12, 2024
| On November 13 2024 Health Biotchnology Portfolio was traded for 14.22 at the closing time. The highest daily price throughout the period was 14.22 and the lowest price was 14.22 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.28% . The trading delta at closing time to current closing price is 3.44% . |
Health Biotchnology Fundamentals Correlations and Trends
By evaluating Health Biotchnology'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 Health Biotchnology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Health financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Health Biotchnology Mutual Fund history
Health Biotchnology 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 Health is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Health Biotchnology 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 Health Biotchnology stock prices may prove useful in developing a viable investing in Health Biotchnology
The fund will normally invest at least 80 percent of its total assets in equity securities of U.S. and foreign healthcare companies and biotechnology companies, regardless of their stock market value . Equity securities include common stocks, preferred stocks, securities convertible into common stocks and warrants. The Adviser utilizes a top-down investment approach focused on long-term economic trends.
Health Biotchnology Mutual Fund Technical Analysis
Health Biotchnology 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
Health Biotchnology Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Health Biotchnology Portfolio 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.
Health Biotchnology November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Health Biotchnology 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 Health Biotchnology shares will generate the highest return on investment. By undertsting and applying Health Biotchnology mutual fund market strength indicators, traders can identify Health Biotchnology Portfolio entry and exit signals to maximize returns
Health Biotchnology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Health Biotchnology's price direction in advance. Along with the technical and fundamental analysis of Health Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Health 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 | (0.07) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.14) |
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| Volume Indicators |
Other Information on Investing in Health Mutual Fund
Health Biotchnology financial ratios help investors to determine whether Health 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 Health with respect to the benefits of owning Health Biotchnology security.
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