Value Line Small Fund Price on November 22, 2024
| VLEIX Fund | USD 66.69 0.20 0.30% |
Below is the normalized historical share price chart for Value Line Small extending back to November 02, 2015. 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 Value Line stands at 66.69, as last reported on the 30th of November, with the highest price reaching 66.69 and the lowest price hitting 66.69 during the day.
If you're considering investing in Value Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Value Mutual Fund to be very steady. Value Line Small owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Value Line Small, which you can use to evaluate the volatility of the fund. Please validate Value Line's Coefficient Of Variation of 773.65, semi deviation of 0.8787, and Risk Adjusted Performance of 0.102 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Value Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Value |
Sharpe Ratio = 0.1746
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | VLEIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Value Line is performing at about 13% 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 Value Line by adding it to a well-diversified portfolio.
Value Line Valuation on November 22, 2024
It is possible to determine the worth of Value Line on a given historical date. On November 22, 2024 Value was worth 66.22 at the beginning of the trading date compared to the closed value of 66.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Value Line mutual fund. Still, in general, we apply an absolute valuation method to find Value Line'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 Value Line where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Value Line's related companies.
| Open | High | Low | Close | Volume | |
| 65.40 | 65.40 | 65.40 | 65.40 | 1.00 | |
11/22/2024 | 66.22 | 66.22 | 66.22 | 66.22 | 1.00 |
| 67.07 | 67.07 | 67.07 | 67.07 | 1.00 |
| Backtest Value Line | | | Value Line History | | | Value Line Valuation | Previous | Next |
Value Line Trading Date Momentum on November 22, 2024
| On November 25 2024 Value Line Small was traded for 67.07 at the closing time. The highest daily price throughout the period was 67.07 and the lowest price was 67.07 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.28% . The trading price change to current closing price is 0.71% . |
Value Line Small Fundamentals Correlations and Trends
By evaluating Value Line'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 Value Line's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Value financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Value Line Mutual Fund history
Value Line 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 Value is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Value Line Small 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 Value Line stock prices may prove useful in developing a viable investing in Value Line
Under normal circumstances, the adviser invests at least 80 percent of the funds assets in stocks of U.S. companies with small market capitalizations. A portion of the funds assets may also be invested in stocks of U.S. mid-market capitalization companies. The adviser defines stocks of U.S. companies as companies that do business in the U.S., are organized in the U.S. or whose stock is traded on a U.S. exchange or over-the-counter market.
Value Line Mutual Fund Technical Analysis
Value Line 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
Value Line Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Value Line Small 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.
Value Line November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Value Line 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 Value Line shares will generate the highest return on investment. By undertsting and applying Value Line mutual fund market strength indicators, traders can identify Value Line Small entry and exit signals to maximize returns
Value Line Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Value Line's price direction in advance. Along with the technical and fundamental analysis of Value Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Value 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 | 0.102 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0069 | |||
| Treynor Ratio | 0.1043 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Value Mutual Fund
Value Line financial ratios help investors to determine whether Value 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 Value with respect to the benefits of owning Value Line security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |