Sound Mind Investing Fund Price on May 14, 2024
SMIFX Fund | USD 9.97 0.01 0.10% |
If you're considering investing in Sound Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Sound Mind stands at 9.97, as last reported on the 26th of February, with the highest price reaching 9.97 and the lowest price hitting 9.97 during the day. Sound Mind Investing owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0929, which indicates the fund had a -0.0929 % return per unit of risk over the last 3 months. Sound Mind Investing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sound Mind's Coefficient Of Variation of (1,203), variance of 0.8594, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Sound Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sound |
Sharpe Ratio = -0.0929
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Estimated Market Risk
0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sound Mind 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 Sound Mind by adding Sound Mind to a well-diversified portfolio.
Sound Mind Valuation on May 14, 2024
It is possible to determine the worth of Sound Mind on a given historical date. On May 14, 2024 Sound was worth 9.34 at the beginning of the trading date compared to the closed value of 9.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sound Mind mutual fund. Still, in general, we apply an absolute valuation method to find Sound Mind'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 Sound Mind where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sound Mind's related companies.
Open | High | Low | Close | Volume | |
9.28 | 9.28 | 9.28 | 9.28 | 1.00 | |
05/14/2024 | 9.34 | 9.34 | 9.34 | 9.34 | 1.00 |
9.48 | 9.48 | 9.48 | 9.48 | 1.00 |
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Sound Mind Trading Date Momentum on May 14, 2024
On May 15 2024 Sound Mind Investing was traded for 9.48 at the closing time. The highest daily price throughout the period was 9.48 and the lowest price was 9.48 . There was no trading activity during the period 1.0. Lack of trading volume on 05/15/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.50% . The trading price change to current closing price is 1.50% . |
Sound Mind Investing Fundamentals Correlations and Trends
By evaluating Sound Mind'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 Sound Mind's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sound financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sound Mind Mutual Fund history
Sound Mind 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 Sound is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sound Mind Investing 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 Sound Mind stock prices may prove useful in developing a viable investing in Sound Mind
The SMI Fund seeks to achieve its objective by investing in a diversified portfolio of other investment companies using a Stock Upgrading strategy. Sound Mind is traded on NASDAQ Exchange in the United States.
Sound Mind Mutual Fund Technical Analysis
Sound Mind 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
Sound Mind Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Sound Mind Investing 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.
Sound Mind February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Sound Mind 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 Sound Mind shares will generate the highest return on investment. By undertsting and applying Sound Mind mutual fund market strength indicators, traders can identify Sound Mind Investing entry and exit signals to maximize returns
Sound Mind Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sound Mind's price direction in advance. Along with the technical and fundamental analysis of Sound Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sound 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 | (0.06) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.15) |
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Math Operators | ||
Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
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Volume Indicators |
Other Information on Investing in Sound Mutual Fund
Sound Mind financial ratios help investors to determine whether Sound 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 Sound with respect to the benefits of owning Sound Mind security.
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