Spectrum Unconstrained Fund Price on November 26, 2024
| SUNBX Fund | USD 19.01 0.07 0.37% |
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 19.01, as last reported on the 1st of December, with the highest price reaching 19.01 and the lowest price hitting 19.01 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 0.0966, which indicates the fund had a 0.0966% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Spectrum Unconstrained, which you can use to evaluate the volatility of the fund. Please validate Spectrum Unconstrained's Semi Deviation of 0.1154, coefficient of variation of 1034.89, and Risk Adjusted Performance of 0.0499 to confirm if the risk estimate we provide is consistent with the expected return of 0.0218%.
Spectrum Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Spectrum |
Sharpe Ratio = 0.0966
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| Negative Returns | SUNBX |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Spectrum Unconstrained is performing at about 7% 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 November 26, 2024
It is possible to determine the worth of Spectrum Unconstrained on a given historical date. On November 26, 2024 Spectrum was worth 18.94 at the beginning of the trading date compared to the closed value of 18.94. 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 | |
| 19.00 | 19.00 | 19.00 | 19.00 | 1.00 | |
11/26/2024 | 18.94 | 18.94 | 18.94 | 18.94 | 1.00 |
| 19.01 | 19.01 | 19.01 | 19.01 | 1.00 |
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Spectrum Unconstrained Trading Date Momentum on November 26, 2024
| On November 27 2024 Spectrum Unconstrained was traded for 19.01 at the closing time. The highest daily price throughout the period was 19.01 and the lowest price was 19.01 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.37% . The trading price change to current closing price is 0.37% . |
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. Spectrum Unconstrained is traded on NASDAQ Exchange in the United States.
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 | December 1, 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 December 1, 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 | 0.0499 | |||
| Jensen Alpha | 0.0076 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.44) | |||
| Treynor Ratio | 0.3623 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Price Transform | ||
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| 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.
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