Alphacentric Strategic Income Fund Price on May 22, 2024
SIIIX Fund | USD 16.82 0.06 0.36% |
If you're considering investing in Alphacentric Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Alphacentric Strategic stands at 16.82, as last reported on the 28th of November, with the highest price reaching 16.82 and the lowest price hitting 16.82 during the day. Alphacentric Strategic secures Sharpe Ratio (or Efficiency) of -0.021, which signifies that the fund had a -0.021% return per unit of risk over the last 3 months. Alphacentric Strategic Income exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alphacentric Strategic's Mean Deviation of 0.2709, downside deviation of 0.4616, and Risk Adjusted Performance of 0.0074 to double-check the risk estimate we provide.
Alphacentric Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alphacentric |
Sharpe Ratio = -0.021
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Estimated Market Risk
0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alphacentric Strategic 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 Alphacentric Strategic by adding Alphacentric Strategic to a well-diversified portfolio.
Alphacentric Strategic Valuation on May 22, 2024
It is possible to determine the worth of Alphacentric Strategic on a given historical date. On May 22, 2024 Alphacentric was worth 15.81 at the beginning of the trading date compared to the closed value of 15.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alphacentric Strategic mutual fund. Still, in general, we apply an absolute valuation method to find Alphacentric Strategic'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 Alphacentric Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alphacentric Strategic's related companies.
Open | High | Low | Close | Volume | |
15.86 | 15.86 | 15.86 | 15.86 | 1.00 | |
05/22/2024 | 15.81 | 15.81 | 15.81 | 15.81 | 1.00 |
15.63 | 15.63 | 15.63 | 15.63 | 1.00 |
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Alphacentric Strategic Trading Date Momentum on May 22, 2024
On May 23 2024 Alphacentric Strategic Income was traded for 15.63 at the closing time. The highest daily price throughout the period was 15.63 and the lowest price was 15.63 . There was no trading activity during the period 1.0. Lack of trading volume on 05/23/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.14% . The overall trading delta to current closing price is 0.32% . |
Alphacentric Strategic Fundamentals Correlations and Trends
By evaluating Alphacentric Strategic'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 Alphacentric Strategic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alphacentric financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alphacentric Strategic Mutual Fund history
Alphacentric Strategic 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 Alphacentric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alphacentric Strategic 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 Alphacentric Strategic stock prices may prove useful in developing a viable investing in Alphacentric Strategic
The fund seeks to achieve its investment objective by investing primarily in interest-bearing fixed income securities, including convertible bonds, and dividend paying equity securities. It may also invest in senior and subordinate collateralized debt obligations and collateralized loan obligations , and the senior and subordinate debt securities and equity securities of businesses unrelated to real estate and mortgages. The fund is non-diversified.
Alphacentric Strategic Mutual Fund Technical Analysis
Alphacentric Strategic 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
Alphacentric Strategic Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Alphacentric Strategic Income 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.
Alphacentric Strategic November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Alphacentric Strategic 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 Alphacentric Strategic shares will generate the highest return on investment. By undertsting and applying Alphacentric Strategic mutual fund market strength indicators, traders can identify Alphacentric Strategic Income entry and exit signals to maximize returns
Alphacentric Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alphacentric Strategic's price direction in advance. Along with the technical and fundamental analysis of Alphacentric Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alphacentric 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 | 0.0074 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.26) | |||
Treynor Ratio | (0.01) |
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Volume Indicators |
Other Information on Investing in Alphacentric Mutual Fund
Alphacentric Strategic financial ratios help investors to determine whether Alphacentric 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 Alphacentric with respect to the benefits of owning Alphacentric Strategic security.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Global Correlations Find global opportunities by holding instruments from different markets |