Spectrum Unconstrained Fund Price on September 23, 2024
| SUNBX Fund | USD 18.94 0.06 0.32% |
If you're considering investing in Spectrum Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Spectrum Unconstrained stands at 18.94, as last reported on the 28th of November, with the highest price reaching 18.94 and the lowest price hitting 18.94 during the day. At this stage we consider Spectrum Mutual Fund to be very steady. Spectrum Unconstrained owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0295, which indicates the fund had a 0.0295% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Spectrum Unconstrained, which you can use to evaluate the volatility of the fund. Please validate Spectrum Unconstrained's Coefficient Of Variation of 4001.58, semi deviation of 0.1958, and insignificant Risk Adjusted Performance to confirm if the risk estimate we provide is consistent with the expected return of 0.0069%.
Spectrum Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Spectrum |
Sharpe Ratio = 0.0295
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SUNBX |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Spectrum Unconstrained is performing at about 2% 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 Spectrum Unconstrained by adding it to a well-diversified portfolio.
Spectrum Unconstrained Valuation on September 23, 2024
It is possible to determine the worth of Spectrum Unconstrained on a given historical date. On September 23, 2024 Spectrum was worth 19.11 at the beginning of the trading date compared to the closed value of 19.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spectrum Unconstrained mutual fund. Still, in general, we apply an absolute valuation method to find Spectrum Unconstrained'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 Spectrum Unconstrained where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spectrum Unconstrained's related companies.
| Open | High | Low | Close | Volume | |
| 19.14 | 19.14 | 19.14 | 19.14 | 1.00 | |
09/23/2024 | 19.11 | 19.11 | 19.11 | 19.11 | 1.00 |
| 19.13 | 19.13 | 19.13 | 19.13 | 1.00 |
| Backtest Spectrum Unconstrained | | | Spectrum Unconstrained History | | | Spectrum Unconstrained Valuation | Previous | Next |
Spectrum Unconstrained Trading Date Momentum on September 23, 2024
| On September 24 2024 Spectrum Unconstrained was traded for 19.13 at the closing time. The highest daily price throughout the period was 19.13 and the lowest price was 19.13 . There was no trading activity during the period 1.0. Lack of trading volume on 09/24/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.21% . |
Spectrum Unconstrained Fundamentals Correlations and Trends
By evaluating Spectrum Unconstrained'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 Spectrum Unconstrained's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spectrum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spectrum Unconstrained Mutual Fund history
Spectrum Unconstrained 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 Spectrum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spectrum Unconstrained 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 Spectrum Unconstrained stock prices may prove useful in developing a viable investing in Spectrum Unconstrained
The fund invests in a diversified portfolio of primarily fixed income exchange-traded funds and mutual funds that invest in investment-grade and non-investment grade fixed income securities, preferred stocks as well as derivative instruments. It may also invest directly in the preceding derivatives. The fund invests without restriction as to issuer type, country, capitalization, credit quality or maturity of individual securities held directly or by the mutual funds and ETFs in which it invests. The ETFs and mutual funds may invest in foreign countries including emerging markets.
Spectrum Unconstrained Mutual Fund Technical Analysis
Spectrum Unconstrained 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
Spectrum Unconstrained Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Spectrum Unconstrained 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.
Spectrum Unconstrained November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Spectrum Unconstrained 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 Spectrum Unconstrained shares will generate the highest return on investment. By undertsting and applying Spectrum Unconstrained mutual fund market strength indicators, traders can identify Spectrum Unconstrained entry and exit signals to maximize returns
Spectrum Unconstrained Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spectrum Unconstrained's price direction in advance. Along with the technical and fundamental analysis of Spectrum Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spectrum 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) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | (0.05) |
| 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 Spectrum Mutual Fund
Spectrum Unconstrained financial ratios help investors to determine whether Spectrum 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 Spectrum with respect to the benefits of owning Spectrum Unconstrained security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |