Value Line Income Fund Price on November 18, 2024
| VLIIX Fund | USD 13.39 0.17 1.29% |
Below is the normalized historical share price chart for Value Line Income 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 13.39, as last reported on the 12th of December 2024, with the highest price reaching 13.39 and the lowest price hitting 13.39 during the day.
If you're considering investing in Value Mutual Fund, it is important to understand the factors that can impact its price. Value Line appears to be very steady, given 3 months investment horizon. Value Line Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Value Line Income, which you can use to evaluate the volatility of the fund. Please review Value Line's Coefficient Of Variation of 325.02, risk adjusted performance of 0.2231, and Semi Deviation of 0.3251 to confirm if our risk estimates are consistent with your expectations.
Value Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Value |
Sharpe Ratio = 0.2646
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Value Line is performing at about 20% 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 18, 2024
It is possible to determine the worth of Value Line on a given historical date. On November 18, 2024 Value was worth 12.83 at the beginning of the trading date compared to the closed value of 12.83. 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 | |
| 12.71 | 12.71 | 12.71 | 12.71 | 1.00 | |
11/18/2024 | 12.83 | 12.83 | 12.83 | 12.83 | 1.00 |
| 12.96 | 12.96 | 12.96 | 12.96 | 1.00 |
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Value Line Trading Date Momentum on November 18, 2024
| On November 19 2024 Value Line Income was traded for 12.96 at the closing time. The highest daily price throughout the period was 12.96 and the lowest price was 12.96 . There was no trading activity during the period 1.0. Lack of trading volume on 11/19/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.01% . The trading price change to current closing price is 1.95% . |
Value Line Income 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 Income 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
The fund allocates its assets amongst equity securities, fixed income securities and money market instruments. It invests not less than 50 percent of its net assets in common or preferred stocks or securities convertible into common stock which may or may not pay dividends. The balance of the funds net assets are primarily invested in U.S. government securities, investment grade debt securities rated at the time of purchase from the highest to medium quality, other fixed income securities or cash equivalents.
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 | December 12, 2024
| High |
0.00 | 0.00 |
Value Line Income 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 December 12, 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 Income 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 | 0.2231 | |||
| Jensen Alpha | 0.1565 | |||
| Total Risk Alpha | 0.1079 | |||
| Sortino Ratio | 0.1648 | |||
| Treynor Ratio | 0.3481 |
| Cycle Indicators | ||
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| Math Transform | ||
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| 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.
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