Sierra Tactical Risk Fund Price on October 16, 2024
| SRFKX Fund | USD 24.59 0.02 0.08% |
If you're considering investing in Sierra Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Sierra Tactical stands at 24.59, as last reported on the 27th of November, with the highest price reaching 24.59 and the lowest price hitting 24.59 during the day. At this stage we consider Sierra Mutual Fund to be very steady. Sierra Tactical Risk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sierra Tactical Risk, which you can use to evaluate the volatility of the fund. Please validate Sierra Tactical's Semi Deviation of 0.2188, coefficient of variation of 974.75, and Risk Adjusted Performance of 0.065 to confirm if the risk estimate we provide is consistent with the expected return of 0.0352%.
Sierra Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sierra |
Sharpe Ratio = 0.1066
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| Negative Returns | SRFKX |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Sierra Tactical is performing at about 8% 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 Sierra Tactical by adding it to a well-diversified portfolio.
Sierra Tactical Valuation on October 16, 2024
It is possible to determine the worth of Sierra Tactical on a given historical date. On October 16, 2024 Sierra was worth 24.41 at the beginning of the trading date compared to the closed value of 24.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sierra Tactical mutual fund. Still, in general, we apply an absolute valuation method to find Sierra Tactical'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 Sierra Tactical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sierra Tactical's related companies.
| Open | High | Low | Close | Volume | |
| 24.33 | 24.33 | 24.33 | 24.33 | 1.00 | |
10/16/2024 | 24.41 | 24.41 | 24.41 | 24.41 | 1.00 |
| 24.39 | 24.39 | 24.39 | 24.39 | 1.00 |
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Sierra Tactical Trading Date Momentum on October 16, 2024
| On October 17 2024 Sierra Tactical Risk was traded for 24.39 at the closing time. The highest daily price throughout the period was 24.39 and the lowest price was 24.39 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.08% . The trading price change to current closing price is 0.90% . |
Sierra Tactical Risk Fundamentals Correlations and Trends
By evaluating Sierra Tactical'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 Sierra Tactical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sierra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sierra Tactical Mutual Fund history
Sierra Tactical 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 Sierra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sierra Tactical Risk 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 Sierra Tactical stock prices may prove useful in developing a viable investing in Sierra Tactical
The fund is a fund of funds. The Adviser seeks to achieve the funds investment objective by investing in a combination of unaffiliated mutual funds and exchange traded funds , . Under normal market conditions, the funds target exposure over a three-year period to equity securities, of any market capitalization, through the underlying funds will average between 30-50 percent of the funds assets.
Sierra Tactical Mutual Fund Technical Analysis
Sierra Tactical 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
Sierra Tactical Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sierra Tactical Risk 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.
Sierra Tactical November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sierra Tactical 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 Sierra Tactical shares will generate the highest return on investment. By undertsting and applying Sierra Tactical mutual fund market strength indicators, traders can identify Sierra Tactical Risk entry and exit signals to maximize returns
Sierra Tactical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sierra Tactical's price direction in advance. Along with the technical and fundamental analysis of Sierra Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sierra 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 | 0.065 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | 0.0679 |
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| Volume Indicators |
Other Information on Investing in Sierra Mutual Fund
Sierra Tactical financial ratios help investors to determine whether Sierra 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 Sierra with respect to the benefits of owning Sierra Tactical security.
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