Stringer Growth Fund Price on August 30, 2024
| SRGAX Fund | USD 13.01 0.01 0.08% |
If you're considering investing in Stringer Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Stringer Growth stands at 13.01, as last reported on the 28th of November, with the highest price reaching 13.01 and the lowest price hitting 13.01 during the day. At this stage we consider Stringer Mutual Fund to be out of control. Stringer Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0555, which indicates the fund had a 0.0555% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Stringer Growth Fund, which you can use to evaluate the volatility of the fund. Please validate Stringer Growth's Semi Deviation of 0.4387, coefficient of variation of 1801.85, and Risk Adjusted Performance of 0.0365 to confirm if the risk estimate we provide is consistent with the expected return of 0.0266%.
Stringer Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Stringer |
Sharpe Ratio = 0.0555
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Stringer Growth is performing at about 4% 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 Stringer Growth by adding it to a well-diversified portfolio.
Stringer Growth Valuation on August 30, 2024
It is possible to determine the worth of Stringer Growth on a given historical date. On August 30, 2024 Stringer was worth 12.8 at the beginning of the trading date compared to the closed value of 12.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stringer Growth mutual fund. Still, in general, we apply an absolute valuation method to find Stringer Growth'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 Stringer Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stringer Growth's related companies.
| Open | High | Low | Close | Volume | |
| 12.74 | 12.74 | 12.74 | 12.74 | 1.00 | |
08/30/2024 | 12.80 | 12.80 | 12.80 | 12.80 | 1.00 |
| 12.66 | 12.66 | 12.66 | 12.66 | 1.00 |
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Stringer Growth Trading Date Momentum on August 30, 2024
| On September 03 2024 Stringer Growth Fund was traded for 12.66 at the closing time. The highest daily price throughout the period was 12.66 and the lowest price was 12.66 . There was no trading activity during the period 1.0. Lack of trading volume on 09/03/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.09% . The trading price change to current closing price is 1.88% . |
Stringer Growth Fundamentals Correlations and Trends
By evaluating Stringer Growth'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 Stringer Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stringer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stringer Growth Mutual Fund history
Stringer Growth 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 Stringer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stringer Growth 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 Stringer Growth stock prices may prove useful in developing a viable investing in Stringer Growth
The fund is designed to meet investor needs for a diversified portfolio solution with a defined risk objective of long-term growth through a fully managed investment policy utilizing primarily ETFs as well as United States and foreign equity securities, debt and money market securities, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends. Stringer Growth is traded on NASDAQ Exchange in the United States.
Stringer Growth Mutual Fund Technical Analysis
Stringer Growth 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
Stringer Growth Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Stringer Growth Fund 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.
Stringer Growth November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Stringer Growth 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 Stringer Growth shares will generate the highest return on investment. By undertsting and applying Stringer Growth mutual fund market strength indicators, traders can identify Stringer Growth Fund entry and exit signals to maximize returns
Stringer Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stringer Growth's price direction in advance. Along with the technical and fundamental analysis of Stringer Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stringer 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 | 0.0365 | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.5239 |
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Other Information on Investing in Stringer Mutual Fund
Stringer Growth financial ratios help investors to determine whether Stringer 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 Stringer with respect to the benefits of owning Stringer Growth security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
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| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |