Third Avenue Small Fund Price on February 23, 2024
If you're considering investing in Third Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Third Mutual Fund to be very steady. Third Avenue Small owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0348, which indicates the fund had a 0.0348% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Third Avenue Small, which you can use to evaluate the volatility of the fund. Please validate Third Avenue's Coefficient Of Variation of 2872.08, semi deviation of 0.7781, and Risk Adjusted Performance of 0.0298 to confirm if the risk estimate we provide is consistent with the expected return of 0.0387%.
Third Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Third |
Sharpe Ratio = 0.0348
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TASZX |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.04 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 Third Avenue 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 Third Avenue by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Third Avenue Mutual Fund history
Third Avenue 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 Third is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Third Avenue Small 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 Third Avenue stock prices may prove useful in developing a viable investing in Third Avenue
The fund seeks to achieve its objective by acquiring equity securities, including common stocks and convertible securities, of well-financed small companies at a discount to what the Adviser believes is their intrinsic value. Third Avenue is traded on NASDAQ Exchange in the United States.
Third Avenue Mutual Fund Technical Analysis
Third Avenue 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
Third Avenue Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Third Avenue Small 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.
Third Avenue November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Third Avenue 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 Third Avenue shares will generate the highest return on investment. By undertsting and applying Third Avenue mutual fund market strength indicators, traders can identify Third Avenue Small entry and exit signals to maximize returns
Third Avenue Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Third Avenue's price direction in advance. Along with the technical and fundamental analysis of Third Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Third 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 | 0.0298 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0236 |
| 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 Third Mutual Fund
Third Avenue financial ratios help investors to determine whether Third 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 Third with respect to the benefits of owning Third Avenue security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |