Vela Income Opportunities Fund Price on November 6, 2023

VIOIX Fund  USD 9.82  0.03  0.30%   
If you're considering investing in Vela Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Vela Income stands at 9.82, as last reported on the 12th of December 2024, with the highest price reaching 9.82 and the lowest price hitting 9.82 during the day. At this stage we consider Vela Mutual Fund to be very steady. Vela Income Opportunities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0567, which indicates the fund had a 0.0567% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Vela Income Opportunities, which you can use to evaluate the volatility of the fund. Please validate Vela Income's Coefficient Of Variation of 1329.66, semi deviation of 0.2526, and Risk Adjusted Performance of 0.0454 to confirm if the risk estimate we provide is consistent with the expected return of 0.0215%.
  
Vela Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0567

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsVIOIX

Estimated Market Risk

 0.38
  actual daily
3
97% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Vela Income is performing at about 4% 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 Income by adding it to a well-diversified portfolio.

Vela Income Valuation on November 6, 2023

It is possible to determine the worth of Vela Income on a given historical date. On November 6, 2023 Vela was worth 8.38 at the beginning of the trading date compared to the closed value of 8.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vela Income mutual fund. Still, in general, we apply an absolute valuation method to find Vela Income'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 Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vela Income's related companies.
 Open High Low Close Volume
  8.41    8.41    8.41    8.41    1.00  
11/06/2023
  8.38    8.38    8.38    8.38    1.00  
  8.34    8.34    8.34    8.34    1.00  
Backtest Vela Income  |  Vela Income History  |  Vela Income Valuation   PreviousNext  
Open Value
8.38
8.38
Closing Value
9.52
Upside

Vela Income Trading Date Momentum on November 6, 2023

On November 07 2023 Vela Income Opportunities was traded for  8.34  at the closing time. The highest daily price throughout the period was 8.34  and the lowest price was  8.34 . There was no trading activity during the period 1.0. Lack of trading volume on 11/07/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.48% . The trading price change to current closing price is 1.19% .

About Vela Income Mutual Fund history

Vela Income 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 Income Opportunities 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 Income stock prices may prove useful in developing a viable investing in Vela Income
The fund, under normal market conditions, invests at least 80 percent of its net assets in income producing securities. The fund may invest in common equities of large, mid and small capitalization companies , real estate investment trusts , preferred equity securities, convertible securities, and master limited partnerships . The fund will limit its investments in MLPs to less than 25 percent of net assets.

Vela Income Mutual Fund Technical Analysis

Vela Income 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.
A focus of Vela Income technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vela Income trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Vela Income Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Vela Income Opportunities 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 Income December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Vela Income 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 Income shares will generate the highest return on investment. By undertsting and applying Vela Income mutual fund market strength indicators, traders can identify Vela Income Opportunities entry and exit signals to maximize returns

Vela Income Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Vela Income'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.

Other Information on Investing in Vela Mutual Fund

Vela Income 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 Income security.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Equity Valuation
Check real value of public entities based on technical and fundamental data