Sierra Tactical Municipal Fund Price on December 3, 2024
| STMEX Fund | USD 25.83 0.05 0.19% |
Below is the normalized historical share price chart for Sierra Tactical Municipal extending back to December 27, 2018. 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 25.83, as last reported on the 11th of December 2024, with the highest price reaching 25.83 and the lowest price hitting 25.83 during the day.
If you're considering investing in Sierra Mutual Fund, it is important to understand the factors that can impact its price. Sierra Tactical Municipal owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0166, which indicates the fund had a -0.0166% return per unit of risk over the last 3 months. Sierra Tactical Municipal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sierra Tactical's Coefficient Of Variation of (8,481), risk adjusted performance of (0.03), and Variance of 0.0716 to confirm the risk estimate we provide.
Sierra Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sierra |
Sharpe Ratio = -0.0166
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STMEX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sierra Tactical 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 Sierra Tactical by adding Sierra Tactical to a well-diversified portfolio.
Sierra Tactical Valuation on December 3, 2024
It is possible to determine the worth of Sierra Tactical on a given historical date. On December 3, 2024 Sierra was worth 25.9 at the beginning of the trading date compared to the closed value of 25.9. 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 | |
| 25.89 | 25.89 | 25.89 | 25.89 | 1.00 | |
12/03/2024 | 25.90 | 25.90 | 25.90 | 25.90 | 1.00 |
| 25.93 | 25.93 | 25.93 | 25.93 | 1.00 |
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Sierra Tactical Trading Date Momentum on December 3, 2024
| On December 04 2024 Sierra Tactical Municipal was traded for 25.93 at the closing time. The highest daily price throughout the period was 25.93 and the lowest price was 25.93 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.12% . The trading price change to current closing price is 0.27% . |
Sierra Tactical Municipal 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 Municipal 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 tax-exempt municipal bonds , as well as municipal money market funds. Under normal circumstances, the fund invests at least 80 percent of its net assets in funds that primarily invest in municipal bonds or other municipal debt instruments.
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 | December 11, 2024
| High |
0.00 | 0.00 |
Sierra Tactical Municipal 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 December 11, 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 Municipal 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 | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.1907 |
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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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