Tglix Fund Price on October 7, 2024
| TGLIX Fund | USD 56.30 0.35 0.63% |
Below is the normalized historical share price chart for Tglix extending back to April 08, 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 Tglix stands at 56.30, as last reported on the 1st of December, with the highest price reaching 56.30 and the lowest price hitting 56.30 during the day.
If you're considering investing in Tglix Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Tglix Mutual Fund to be very steady. Tglix owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0658, which indicates the fund had a 0.0658% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tglix, which you can use to evaluate the volatility of the fund. Please validate Tglix's Semi Deviation of 1.6, coefficient of variation of 2513.29, and Risk Adjusted Performance of 0.036 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Tglix Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tglix |
Sharpe Ratio = 0.0658
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| Cash | Small Risk | TGLIX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tglix is performing at about 5% 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 Tglix by adding it to a well-diversified portfolio.
Tglix Valuation on October 7, 2024
It is possible to determine the worth of Tglix on a given historical date. On October 7, 2024 Tglix was worth 56.61 at the beginning of the trading date compared to the closed value of 56.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tglix mutual fund. Still, in general, we apply an absolute valuation method to find Tglix'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 Tglix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tglix's related companies.
| Open | High | Low | Close | Volume | |
| 57.34 | 57.34 | 57.34 | 57.34 | 1.00 | |
10/07/2024 | 56.61 | 56.61 | 56.61 | 56.61 | 1.00 |
| 56.43 | 56.43 | 56.43 | 56.43 | 1.00 |
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Tglix Trading Date Momentum on October 7, 2024
| On October 08 2024 Tglix was traded for 56.43 at the closing time. The highest daily price throughout the period was 56.43 and the lowest price was 56.43 . There was no trading activity during the period 1.0. Lack of trading volume on 10/08/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.32% . The trading price change to current closing price is 5.19% . |
Tglix Fundamentals Correlations and Trends
By evaluating Tglix'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 Tglix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tglix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tglix Mutual Fund history
Tglix 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 Tglix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tglix 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 Tglix stock prices may prove useful in developing a viable investing in Tglix
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus borrowings for investment purposes, in gold and securities of companies located throughout the world, in both developed and emerging markets, that are engaged in mining or processing gold . Tocqueville Gold is traded on BATS Exchange in USA.
Tglix Mutual Fund Technical Analysis
Tglix 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
Tglix Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Tglix 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.
Tglix December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Tglix 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 Tglix shares will generate the highest return on investment. By undertsting and applying Tglix mutual fund market strength indicators, traders can identify Tglix entry and exit signals to maximize returns
Tglix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tglix's price direction in advance. Along with the technical and fundamental analysis of Tglix Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tglix 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 | 0.036 | |||
| Jensen Alpha | 0.0432 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4748 |
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Other Information on Investing in Tglix Mutual Fund
Tglix financial ratios help investors to determine whether Tglix 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 Tglix with respect to the benefits of owning Tglix security.
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