Vela Small Cap Fund Price on December 4, 2024
| VESAX Fund | USD 20.12 0.02 0.1% |
Below is the normalized historical share price chart for Vela Small Cap extending back to September 30, 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 Vela Small stands at 20.12, as last reported on the 4th of December, with the highest price reaching 20.12 and the lowest price hitting 20.12 during the day.
If you're considering investing in Vela Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Vela Mutual Fund to be very steady. Vela Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vela Small Cap, which you can use to evaluate the volatility of the fund. Please validate Vela Small's Semi Deviation of 0.7769, coefficient of variation of 1872.42, and Risk Adjusted Performance of 0.0426 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Vela Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Vela |
Sharpe Ratio = 0.1206
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| Cash | VESAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Vela Small is performing at about 9% 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 Vela Small by adding it to a well-diversified portfolio.
Vela Small Valuation on December 4, 2024
It is possible to determine the worth of Vela Small on a given historical date. On December 4, 2024 Vela was worth 20.12 at the beginning of the trading date compared to the closed value of 20.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vela Small mutual fund. Still, in general, we apply an absolute valuation method to find Vela Small'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 Vela Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vela Small's related companies.
| Open | High | Low | Close | Volume | |
| 20.12 | 20.12 | 20.12 | 20.12 | 1.00 | |
12/04/2024 | 20.12 | 20.12 | 20.12 | 20.12 | 0.00 |
| Backtest Vela Small | | | Vela Small History | | | Vela Small Valuation | Previous |
Vela Small Trading Date Momentum on December 4, 2024
| On December 04 2024 Vela Small Cap was traded for 20.12 at the closing time. The highest daily price throughout the period was 20.12 and the lowest price was 20.12 . There was no trading activity during the period 0.0. Lack of trading volume on 12/04/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Vela Small Cap Fundamentals Correlations and Trends
By evaluating Vela Small'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 Vela Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vela financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vela Small Mutual Fund history
Vela Small 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 Vela is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vela Small Cap 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 Vela Small stock prices may prove useful in developing a viable investing in Vela Small
The fund, under normal market conditions, invests at least 80 percent of its net assets in U.S. equity securities with small market capitalizations that the Adviser believes are undervalued. Equity securities consist of common and preferred stocks. Small cap companies are defined by the Adviser as companies with market capitalizations in the range of those market capitalizations of companies included in the Russell 2000 Index at the time of purchase.
Vela Small Mutual Fund Technical Analysis
Vela Small 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
Vela Small Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Vela Small Cap 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.
Vela Small December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Vela Small 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 Vela Small shares will generate the highest return on investment. By undertsting and applying Vela Small mutual fund market strength indicators, traders can identify Vela Small Cap entry and exit signals to maximize returns
Vela Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vela Small's price direction in advance. Along with the technical and fundamental analysis of Vela Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vela 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 | 0.0426 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0389 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Vela Mutual Fund
Vela Small financial ratios help investors to determine whether Vela 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 Vela with respect to the benefits of owning Vela Small security.
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