Selected American Shares Fund Price on October 8, 2024
| SLADX Fund | USD 44.81 0.15 0.34% |
Below is the normalized historical share price chart for Selected American Shares extending back to May 12, 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 Selected American stands at 44.81, as last reported on the 30th of November, with the highest price reaching 44.81 and the lowest price hitting 44.81 during the day.
If you're considering investing in Selected Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Selected Mutual Fund to be very steady. Selected American Shares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Selected American Shares, which you can use to evaluate the volatility of the fund. Please validate Selected American's Coefficient Of Variation of 758.48, risk adjusted performance of 0.1029, and Semi Deviation of 0.8253 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Selected Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Selected |
Sharpe Ratio = 0.1416
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Selected American is performing at about 11% 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 Selected American by adding it to a well-diversified portfolio.
Selected American Valuation on October 8, 2024
It is possible to determine the worth of Selected American on a given historical date. On October 8, 2024 Selected was worth 42.19 at the beginning of the trading date compared to the closed value of 42.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Selected American mutual fund. Still, in general, we apply an absolute valuation method to find Selected American'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 Selected American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Selected American's related companies.
| Open | High | Low | Close | Volume | |
| 42.43 | 42.43 | 42.43 | 42.43 | 1.00 | |
10/08/2024 | 42.19 | 42.19 | 42.19 | 42.19 | 1.00 |
| 42.46 | 42.46 | 42.46 | 42.46 | 1.00 |
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Selected American Trading Date Momentum on October 8, 2024
| On October 09 2024 Selected American Shares was traded for 42.46 at the closing time. The highest daily price throughout the period was 42.46 and the lowest price was 42.46 . There was no trading activity during the period 1.0. Lack of trading volume on 10/09/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.64% . The trading price change to current closing price is 1.90% . |
Selected American Shares Fundamentals Correlations and Trends
By evaluating Selected American'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 Selected American's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Selected financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Selected American Mutual Fund history
Selected American 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 Selected is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Selected American Shares 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 Selected American stock prices may prove useful in developing a viable investing in Selected American
The fund invests at least 80 percent of its net assets, plus any borrowing for investment purposes, in securities issued by American companies. It invests principally in common stocks issued by large companies with market capitalizations of at least 10 billion.
Selected American Mutual Fund Technical Analysis
Selected American 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
Selected American Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Selected American Shares 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.
Selected American November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Selected American 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 Selected American shares will generate the highest return on investment. By undertsting and applying Selected American mutual fund market strength indicators, traders can identify Selected American Shares entry and exit signals to maximize returns
Selected American Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Selected American's price direction in advance. Along with the technical and fundamental analysis of Selected Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Selected 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 | 0.1029 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1098 |
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Other Information on Investing in Selected Mutual Fund
Selected American financial ratios help investors to determine whether Selected 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 Selected with respect to the benefits of owning Selected American security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |