Symphony Floating Rate Fund Price on May 31, 2024
| SSF-UN Fund | CAD 7.07 0.05 0.71% |
Below is the normalized historical share price chart for Symphony Floating Rate extending back to November 01, 2011. 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 Symphony Floating stands at 7.07, as last reported on the 27th of November, with the highest price reaching 7.07 and the lowest price hitting 7.04 during the day.
If you're considering investing in Symphony Fund, it is important to understand the factors that can impact its price. At this point, Symphony Floating is very steady. Symphony Floating Rate owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Symphony Floating Rate, which you can use to evaluate the volatility of the fund. Please validate Symphony Floating's Risk Adjusted Performance of 0.0754, semi deviation of 0.2835, and Coefficient Of Variation of 919.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.0591%.
Symphony Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Symphony |
Sharpe Ratio = 0.1328
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| Cash | SSF-UN | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Symphony Floating is performing at about 10% 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 Symphony Floating by adding it to a well-diversified portfolio.
Symphony Floating Valuation on May 31, 2024
It is possible to determine the worth of Symphony Floating on a given historical date. On May 31, 2024 Symphony was worth 6.75 at the beginning of the trading date compared to the closed value of 6.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Symphony Floating fund. Still, in general, we apply an absolute valuation method to find Symphony Floating'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 Symphony Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Symphony Floating's related companies.
| Open | High | Low | Close | Volume | |
| 6.69 | 6.69 | 6.69 | 6.69 | 100.00 | |
05/31/2024 | 6.75 | 6.78 | 6.67 | 6.73 | 10,800 |
| 6.75 | 6.75 | 6.66 | 6.67 | 7,300 |
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Symphony Floating Trading Date Momentum on May 31, 2024
| On June 03 2024 Symphony Floating Rate was traded for 6.67 at the closing time. The highest price during the trading period was 6.75 and the lowest recorded bid was listed for 6.66 . The volume for the day was 7.3 K. This history from June 3, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.89% . The trading price change to the current price is 0.74% . |
About Symphony Floating Fund history
Symphony Floating 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 Symphony is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Symphony Floating Rate 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 Symphony Floating stock prices may prove useful in developing a viable investing in Symphony Floating
Symphony Floating Rate Senior Loan Fund is a closed-ended fixed income mutual fund launched and managed by Brompton Funds Limited. Symphony Floating Rate Senior Loan Fund was formed on November 1, 2011 and is domiciled in Canada. SYMPHONY FLOATING is traded on Toronto Stock Exchange in Canada.
Symphony Floating Fund Technical Analysis
Symphony Floating technical 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
Symphony Floating Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Symphony Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Symphony Floating November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Symphony Floating fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Symphony Floating shares will generate the highest return on investment. By undertsting and applying Symphony Floating fund market strength indicators, traders can identify Symphony Floating Rate entry and exit signals to maximize returns
Symphony Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Symphony Floating's price direction in advance. Along with the technical and fundamental analysis of Symphony Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Symphony 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 | 0.0754 | |||
| Jensen Alpha | 0.0294 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.5827 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Symphony Fund
Symphony Floating financial ratios help investors to determine whether Symphony 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 Symphony with respect to the benefits of owning Symphony Floating security.
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