Azzad Wise Capital Fund Price on October 3, 2024
| WISEX Fund | USD 10.74 0.02 0.19% |
Below is the normalized historical share price chart for Azzad Wise Capital extending back to April 01, 2010. 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 Azzad Wise stands at 10.74, as last reported on the 21st of January, with the highest price reaching 10.74 and the lowest price hitting 10.74 during the day.
If you're considering investing in Azzad Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Azzad Mutual Fund to be very steady. Azzad Wise Capital secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Azzad Wise Capital, which you can use to evaluate the volatility of the entity. Please confirm Azzad Wise's Standard Deviation of 0.0808, risk adjusted performance of (0.14), and Mean Deviation of 0.0492 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Azzad Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Azzad |
Sharpe Ratio = 4.0E-4
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| WISEX |
Based on monthly moving average Azzad Wise 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 Azzad Wise by adding Azzad Wise to a well-diversified portfolio.
Azzad Wise Valuation on October 3, 2024
It is possible to determine the worth of Azzad Wise on a given historical date. On October 3, 2024 Azzad was worth 10.76 at the beginning of the trading date compared to the closed value of 10.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Azzad Wise mutual fund. Still, in general, we apply an absolute valuation method to find Azzad Wise'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 Azzad Wise where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Azzad Wise's related companies.
| Open | High | Low | Close | Volume | |
| 10.77 | 10.77 | 10.77 | 10.77 | 1.00 | |
10/03/2024 | 10.76 | 10.76 | 10.76 | 10.76 | 1.00 |
| 10.75 | 10.75 | 10.75 | 10.75 | 1.00 |
| Backtest Azzad Wise | | | Azzad Wise History | | | Azzad Wise Valuation | Previous | Next |
Azzad Wise Trading Date Momentum on October 3, 2024
| On October 04 2024 Azzad Wise Capital was traded for 10.75 at the closing time. The highest daily price throughout the period was 10.75 and the lowest price was 10.75 . There was no trading activity during the period 1.0. Lack of trading volume on 10/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.09% . The overall trading delta to current closing price is 0.09% . |
Azzad Wise Capital Fundamentals Correlations and Trends
By evaluating Azzad Wise'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 Azzad Wise's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Azzad financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Azzad Wise Mutual Fund history
Azzad Wise 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 Azzad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Azzad Wise Capital 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 Azzad Wise stock prices may prove useful in developing a viable investing in Azzad Wise
The fund invests primarily in fixed income securities issued for payment by international financial institutions, foreign governments, and agencies of foreign governments in transactions structured to be compliant with the funds ethical investment guidelines. It does not invest in corporations that derive substantial revenue from alcohol, tobacco, pornography, pork, gambling, hydraulic fracturing, private prisons, or weapons industries as determined by the Adviser.
Azzad Wise Mutual Fund Technical Analysis
Azzad Wise 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
Azzad Wise Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
Azzad Wise Capital 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.
Azzad Wise January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Azzad Wise 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 Azzad Wise shares will generate the highest return on investment. By undertsting and applying Azzad Wise mutual fund market strength indicators, traders can identify Azzad Wise Capital entry and exit signals to maximize returns
Azzad Wise Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Azzad Wise's price direction in advance. Along with the technical and fundamental analysis of Azzad Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Azzad 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 | (0.14) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.99) |
| 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 Azzad Mutual Fund
Azzad Wise financial ratios help investors to determine whether Azzad 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 Azzad with respect to the benefits of owning Azzad Wise security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |