Sierra Tactical Bond Fund Price on November 8, 2024
| STBJX Fund | USD 26.74 0.03 0.11% |
Below is the normalized historical share price chart for Sierra Tactical Bond extending back to October 01, 2019. 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 Sierra Tactical stands at 26.74, as last reported on the 28th of November, with the highest price reaching 26.74 and the lowest price hitting 26.74 during the day.
If you're considering investing in Sierra Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Sierra Mutual Fund to be very steady. Sierra Tactical Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sierra Tactical Bond, which you can use to evaluate the volatility of the fund. Please validate Sierra Tactical's Standard Deviation of 0.1576, downside deviation of 0.181, and Risk Adjusted Performance of 0.0729 to confirm if the risk estimate we provide is consistent with the expected return of 0.0235%.
Sierra Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sierra |
Sharpe Ratio = 0.1454
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STBJX |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Sierra Tactical 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 Sierra Tactical by adding it to a well-diversified portfolio.
Sierra Tactical Valuation on November 8, 2024
It is possible to determine the worth of Sierra Tactical on a given historical date. On November 8, 2024 Sierra was worth 26.78 at the beginning of the trading date compared to the closed value of 26.78. 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 | |
| 26.72 | 26.72 | 26.72 | 26.72 | 1.00 | |
11/08/2024 | 26.78 | 26.78 | 26.78 | 26.78 | 1.00 |
| 26.77 | 26.77 | 26.77 | 26.77 | 1.00 |
| Backtest Sierra Tactical | | | Sierra Tactical History | | | Sierra Tactical Valuation | Previous | Next |
Sierra Tactical Trading Date Momentum on November 8, 2024
| On November 11 2024 Sierra Tactical Bond was traded for 26.77 at the closing time. The highest daily price throughout the period was 26.77 and the lowest price was 26.77 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.04% . The trading price change to current closing price is 0.45% . |
Sierra Tactical Bond 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 Bond 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 invests in open-end investment companies and exchange-traded funds that primarily invest in high-yield corporate bonds, also commonly known as junk bonds or long-duration U.S. Treasury securities . Under normal circumstances, the fund invests at least 80 percent of its net assets in underlying bond funds.
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 28, 2024
| High |
0.00 | 0.00 |
Sierra Tactical Bond 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 28, 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 Bond 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 | 0.0729 | |||
| Jensen Alpha | 1.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.59) | |||
| Treynor Ratio | 0.1217 |
| 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 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.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |