Al Frank Fund Price on December 3, 2024
| VALAX Fund | USD 26.71 0.21 0.78% |
Below is the normalized historical share price chart for Al Frank Fund extending back to January 19, 2000. 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 Al Frank stands at 26.71, as last reported on the 11th of December 2024, with the highest price reaching 26.71 and the lowest price hitting 26.71 during the day.
If you're considering investing in VALAX Mutual Fund, it is important to understand the factors that can impact its price. Al Frank Fund retains Efficiency (Sharpe Ratio) of -0.0301, which signifies that the fund had a -0.0301% return per unit of price deviation over the last 3 months. Al Frank exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Al Frank's Market Risk Adjusted Performance of (0.03), variance of 1.7, and Information Ratio of (0.12) to double-check the risk estimate we provide.
VALAX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
VALAX |
Sharpe Ratio = -0.0301
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| Negative Returns | VALAX |
Estimated Market Risk
| 1.33 actual daily | 11 89% 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 | 0 Most of other assets perform better |
Based on monthly moving average Al Frank is not performing at its full potential. However, 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 Al Frank by adding Al Frank to a well-diversified portfolio.
Al Frank Valuation on December 3, 2024
It is possible to determine the worth of Al Frank on a given historical date. On December 3, 2024 VALAX was worth 29.78 at the beginning of the trading date compared to the closed value of 29.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Al Frank mutual fund. Still, in general, we apply an absolute valuation method to find Al Frank'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 Al Frank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Al Frank's related companies.
| Open | High | Low | Close | Volume | |
| 29.93 | 29.93 | 29.93 | 29.93 | 1.00 | |
12/03/2024 | 29.78 | 29.78 | 29.78 | 29.78 | 1.00 |
| 29.73 | 29.73 | 29.73 | 29.73 | 1.00 |
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Al Frank Trading Date Momentum on December 3, 2024
| On December 04 2024 Al Frank Fund was traded for 29.73 at the closing time. The highest daily price throughout the period was 29.73 and the lowest price was 29.73 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.17% . The overall trading delta to current closing price is 10.31% . |
Al Frank Fund Fundamentals Correlations and Trends
By evaluating Al Frank'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 Al Frank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. VALAX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Al Frank Mutual Fund history
Al Frank 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 VALAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Al Frank Fund 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 Al Frank stock prices may prove useful in developing a viable investing in Al Frank
Under normal market conditions, the Adviser selects equity securities that the adviser believes are out of favor and undervalued. The Adviser then attempts to purchase the securities and hold them until the adviser believes that the securities have reached their fair value. To earn additional income, the fund, through its agent, may lend its portfolio securities to broker-dealers amounting to no more than 33-13 percent of the total assets of the fund or 50 percent of the total assets of the fund .
Al Frank Mutual Fund Technical Analysis
Al Frank 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
Al Frank Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Al Frank Fund 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.
Al Frank December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Al Frank 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 Al Frank shares will generate the highest return on investment. By undertsting and applying Al Frank mutual fund market strength indicators, traders can identify Al Frank Fund entry and exit signals to maximize returns
Al Frank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Al Frank's price direction in advance. Along with the technical and fundamental analysis of VALAX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of VALAX 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 | (0.01) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.04) |
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| Volume Indicators |
Other Information on Investing in VALAX Mutual Fund
Al Frank financial ratios help investors to determine whether VALAX 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 VALAX with respect to the benefits of owning Al Frank security.
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