New York Bond Fund Price on January 27, 2024
| UNYIX Fund | USD 10.94 0.01 0.09% |
Below is the normalized historical share price chart for New York Bond extending back to June 29, 2020. 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 New York stands at 10.94, as last reported on the 24th of November, with the highest price reaching 10.94 and the lowest price hitting 10.94 during the day.
If you're considering investing in New Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider New Mutual Fund to be very steady. New York Bond has Sharpe Ratio of 0.0263, which conveys that the entity had a 0.0263% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for New York, which you can use to evaluate the volatility of the fund. Please verify New York's Risk Adjusted Performance of 0.0076, mean deviation of 0.2049, and Downside Deviation of 0.4612 to check out if the risk estimate we provide is consistent with the expected return of 0.009%.
New Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.0263
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| Negative Returns | UNYIX |
Estimated Market Risk
| 0.34 actual daily | 3 97% 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 New York 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 New York by adding it to a well-diversified portfolio.
New York Valuation on January 27, 2024
It is possible to determine the worth of New York on a given historical date. On January 27, 2024 New was worth 10.46 at the beginning of the trading date compared to the closed value of 10.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New York mutual fund. Still, in general, we apply an absolute valuation method to find New York'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 New York where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New York's related companies.
| Open | High | Low | Close | Volume | |
| 10.46 | 10.46 | 10.46 | 10.46 | 1.00 | |
01/26/2024 | 10.46 | 10.46 | 10.46 | 10.46 | 1.00 |
| 10.47 | 10.47 | 10.47 | 10.47 | 1.00 |
| Backtest New York | | | New York History | | | New York Valuation | Previous | Next |
New York Trading Date Momentum on January 27, 2024
| On January 29 2024 New York Bond was traded for 10.47 at the closing time. The highest daily price throughout the period was 10.47 and the lowest price was 10.47 . There was no trading activity during the period 1.0. Lack of trading volume on 01/29/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 0.76% . |
New York Bond Fundamentals Correlations and Trends
By evaluating New York'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 New York's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New York Mutual Fund history
New York 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New York Bond 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 New York stock prices may prove useful in developing a viable investing in New York
The fund invests primarily in long-term investment-grade securities issued by the state of New York, its political subdivisions, municipalities and public authorities, instrumentalities, and by other government entities. At least 80 percent of the funds net assets will consist of New York tax-exempt securities. The funds dollar-weighted average portfolio maturity is not restricted, but is expected to be greater than 10 years.
New York Mutual Fund Technical Analysis
New York 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
New York Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
New York Bond 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.
New York November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how New York 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 New York shares will generate the highest return on investment. By undertsting and applying New York mutual fund market strength indicators, traders can identify New York Bond entry and exit signals to maximize returns
New York Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New York's price direction in advance. Along with the technical and fundamental analysis of New Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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 | 0.0076 | |||
| Jensen Alpha | 0.0147 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.26) | |||
| Treynor Ratio | 0.0083 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in New Mutual Fund
New York financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New York security.
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